President Claudia Sheinbaum responded to President-elect Trump’s threat to impose high tariffs, saying such a move would inflict damage on both countries.
Category: Customs (Tariff)
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Trump’s Tariffs Would Deal a Big Blow to the Auto Industry
Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.
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After Trump’s Tariff Threat, Is a China Currency War Next?
While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.
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Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?
The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will follow through on promises to help the working class.
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Trump’s Trade Agenda Could Benefit Friends and Punish Rivals
Donald Trump has a record of pardoning favored companies from tariffs. Companies are once again lining up to try to influence him.
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Europe’s Leaders Seek Greater Unity to Counter Trump’s ‘America First’ Agenda
At a conference in Paris, corporate chiefs, finance ministers and top politicians called for a “Europe First” policy to counter Donald Trump’s protectionist agenda.
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The High Risk, High Reward Trump Market
Faced with unconventional and disruptive proposals, investors are figuring out how to place their bets.
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Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
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How Howard Lutnick Could Shake Up Global Trade
President-elect Donald Trump’s pick to run the Commerce Department would have a big say on American industrial policy and tariffs.
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Hennessy Workers Strike Over Plans to Bottle Cognac in China
The walkout in France is the latest development in a simmering trade war between Europe and China.
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How Two High-Profile New York Industries Might Fare Under Trump
The city’s art and fashion worlds are keeping an eye on President-elect Donald Trump’s economic agenda, especially tariffs and tax cuts.
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How Two High-Profile New York Industries Might Fare Under Trump
The city’s art and fashion worlds are keeping an eye on President-elect Donald Trump’s economic agenda, especially tariffs and tax cuts.