A small company in northern Mexico had faced steep competition from China in making straps, plugs, fasteners, grommets, zip ties and clamps. Now, U.S. tariffs have driven a spike in his business.
Category: Customs (Tariff)
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South Korea Holds Its Chin Up as Trump Wields Tariff Threat
The country’s new president, in office for a little over a month, had just dispatched his senior deputies to Washington to try to work out a trade deal.
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Here Are Trump’s New Tariff Threats
President Trump has told 14 countries that they will face tariffs of at least 25 percent on Aug. 1 if they don’t reach agreements by then.
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Trump Tells Japan and South Korea Their Tariff Rate: 25%
The tariffs on some of America’s closest allies would go into effect Aug. 1, unless the countries reach some kind of trade agreement with the United States.
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New Deadlines, New Letters — Same Tariff Uncertainty
The Trump administration is keen to strike deals as it dangles an extension to trading partners. But it’s also issuing threats to some of them.
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Trump Keeps Foreign Countries on Edge as Tariff Deadline Nears
The president is again threatening higher tariff rates on a dozen foreign nations, as a deadline elapses this week for making trade deals.
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Canada Shipping Natural Gas to Asia as It Looks Beyond the US for Trade
A tanker is headed to South Korea with a first shipment of liquefied natural gas from Canada, which hopes to reduce its export reliance on its neighbor.
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Bessent Says He Expects Trade Deals by This Week’s Deadline
But the Treasury secretary also said that some countries working toward agreements with the United States could have until Aug. 1.
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Bessent Says He Expects Trade Deals by This Week’s Deadline
But the Treasury secretary also said that some countries working toward agreements with the United States could have until Aug. 1.
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China Sets Steep Duties on European Brandy but Spares Biggest Producers
Major Cognac companies made concessions to avoid the worst of the penalties, imposed by Beijing in retaliation for E.U. tariffs on Chinese electric vehicles.
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White House to Start Notifying Countries About Tariffs, Trump Says
After striking only a few trade deals since declaring a 90-day pause in April, President Trump said he would announce new duties starting Friday.
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Solid Jobs Report Keeps Fed Rate Cuts at Bay
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite pressure from President Trump.