New Trump Action Boosts Average Tariffs on Chinese Goods Above 70%
President Trump’s 34% reciprocal tariff on Chinese imports as part of his sweeping trade action will effectively increase the ...
Mexico and Canada Stand to Gain U.S. Market Share
The new reciprocal tariffs announced by President Trump are relatively good news for Mexico and Canada and could result in ...
Piper Sandler Economists Forecast Tariffs Will Spur Higher Inflation, Economic Contraction
Economists at Piper Sandler, an investment bank, said that President Trump’s tariffs are more dramatic and darker for the U.S ...
Australia Won’t Retaliate Against U.S. Tariffs That ‘Have No Basis in Logic’
Australian Prime Minister Anthony Albanese ruled out imposing reciprocal tariffs on U.S. goods, saying he wants to avoid a ...
European Wine Group Fears Tariffs Will Lead to Layoffs, Price Hikes
President Trump’s reciprocal tariffs will lead to job losses, deferred investments and higher prices, a trade group ...
Trump Unveils Sweeping Tariffs in Stark Shift in Trade Policy
President Trump announced new tariffs, including a 35% reciprocal tariff on China. Dow, S&P 500 and Nasdaq futures tumbled on ...
Canada Auto Sector Benefits From High U.S. Parts Content, Weaker Canadian Dollar
A weak currency could offset some of the tariff impact from President Trump’s 25% duty on imported cars, said David Paterson, the representative in Washington D.C. for the Canadian province of Ontario ...
Tariff Plan Cools Off Copper Prices
Copper prices, already declining from the record hit last week, took a further tumble after President Trump unveiled his plan to tax imports. Domestic copper prices had risen this year beyond those in ...