The planned concessions to give automakers more time to relocate production to the United States would still leave substantial tariffs on imported cars and car parts.
Category: Commerce Department
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Howard Lutnick, Trump’s ‘Buoyant’ Trade Warrior, Flexes His Power Over Global Business
Howard Lutnick, the secretary of commerce, has become a go-to for major companies seeking relief from tariffs. But he’s not always friendly to their interests.
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Peter Navarro: The Architect of Trump’s Tariffs
Once sidelined, President Trump’s counselor Peter Navarro has returned to Washington and quickly upended the global trading system.
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Trump’s Tariff Threat for Drug imports Poses Big Political Risks
Levies on Americans’ daily prescriptions and other medicines could raise costs, spur rationing and lead to shortages of critical drugs.
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Trump, Offering Few Details, Insists ‘Everybody’ Wants to Make a Deal With the U.S.
The administration says foreign governments are racing to the United States to negotiate, but exactly which countries might strike a deal — and over what — remains unclear.
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Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.
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U.S. Adds Export Restrictions to More Chinese Tech Firms Over Security Concerns
The additions included companies that are customers of Intel and Nvidia, and one firm that was the focus of a New York Times investigation last year.
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Musk’s SpaceX Could Secure Billions in New Contracts Under Trump
The boost in federal spending for SpaceX will come in part as a result of actions by President Trump and Elon Musk’s allies and employees who hold government positions. Supporters say he has the best technology.
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A Tariff Tantrum: the Upheaval from Trump’s Trade Policies
Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.
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Trump’s Tariffs by Whim Keep Allies and Markets Off Balance
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.
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Trump Suspends Tariffs on Mexico for a Month
Goods trading under the rules of the North American trade pact, or the vast majority of products, would be exempt from tariffs, the president said. The levies have caused stock markets to sink.