President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
Category: Canada
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With Trump’s Tariffs, the Chasm Between Allies and the U.S. Widens
President Trump announced sweeping levies on countries across the world. Washington’s partners have been bracing for the fallout.
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A Canadian Company’s Tariff ‘Double Whammy’ Highlights Trouble for the Economy
A family business in Ottawa that makes special shoulder rests for violins is imperiled by both Trump’s tariffs on Canada and potential Canadian retaliation.
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Trump and Tariffs Enter the Scene Only Days Into Canada’s Election Campaign
Without advance notice to Canada, the U.S. president put the auto industry into turmoil with a 25 percent tariff.
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Trump’s Tariffs Leave Automakers With Tough, Expensive Choices
Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts.
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Trump’s Auto Tariffs Will Raise Car Prices, but Details Are Murky
Experts say the 25 percent import fee will make many cars more expensive, but it is not clear when, by how much or which models.
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Rattled by Trump, America’s Allies Shift to Defense Mode
The new auto tariffs are straining relations with U.S. allies and deepening doubts about America’s reliability as a partner.
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Trump Threatens Europe and Canada if They Band Together Against U.S.
In a late-night social media post, the president said he would impose “large scale” tariffs if Canada and the European Union allied to “do economic harm” to America.
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Foreign Travelers Are Rethinking Travel to the U.S.
A growing number of travelers say they are worried about feeling unwelcome or unsafe in America and are reluctant to support the economy of a country that may be destabilizing other nations.
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Trump’s Tariffs Could Deal a Blow to Boeing and the Aerospace Industry
Aerospace companies are big exporters but also very reliant on a global supply chain, making them vulnerable.
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What Oil Executives Want From President Trump
Tariffs, tax credits and deregulation are among the industry’s top priorities.