Trump, tariffs and the United States
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Los Angeles Times |
Car buyers looking to snag new wheels will likely be confronted with sticker shock after President Trump’s 25% tax on imported vehicles and auto parts kicks in.
Reuters |
U.S. President Donald Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the global trade war he kicked off upon regaining the White House this ye...
Reuters |
The shift could disrupt global supply chains as companies restructure sourcing strategies and manufacturing operations.
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President Donald Trump has announced that on April 2 he will impose tariffs on countries engaged in “non-reciprocal” trade with the United States, but the formula for calculating reciprocal tariff
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Inquirer Business on MSNTrump auto tariffs strike at heart of North American tradeUS President Donald Trump’s tariffs on imported cars strike at the heart of a North American free trade agreement (NAFTA), threatening to disrupt supply chains and raise prices, experts say. Thanks to the United States-Mexico-Canada Agreement that came into effect in 2020 — and its predecessor NAFTA — the region became an assembly line spanning the three countries.
Canadian Prime Minister Mark Carney told President Donald Trump Wednesday that his nation will retaliate against the United States with tariffs of its own if Trump presses forward with his promised levies – potentially escalating what is already developing into an ugly and damaging trade war.
American automakers have relied on labor from neighbors to the north and south since the early days of auto production in North America.
The old relationship we had with the United States ... is over,” Canadian Prime Minister Mark Carney declared.
Rep. Don Bacon (R-Neb.) suggested Congress take back its Constitutional authority to impose tariffs, saying lawmakers “made a mistake” in the past by increasingly delegating trade authority to the
Auto dealers in Daytona Beach offered different reactions to the new 25% tariffs on foreign-made autos and parts currently set to begin April 2.
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United States' April 2 'Tariff Deadline' Looms, What's Going On Between India-U.S? | Newshour AgendaIn this episode of Newshour Agenda with Madhavdas G, we discuss the April 2 deadline of United States to India. Top sources have revealed India's strategy after Day 1 of India-U.S. talks concluded. India could cut bourbon whiskey tariff. Pharma and ...