Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump imposed a 50 percent tariff on imports.
Category: Customs (Tariff)
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Will the Trump’s Tariffs Spoil Earnings Season?
General Motors is the latest company to record a hit from the president’s trade war. But so far, investors remain upbeat.
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G.M. Profit Shrinks on Billion-Dollar Tariff Hit
General Motors was the second auto company this week, after Stellantis, to show the toll that President Trump’s trade policies are taking on the industry.
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Stellantis Says Profit Plunged as Tariffs Began to Bite
The company, which owns Jeep, Peugeot, Fiat and other brands, said it might soon have to begin raising prices.
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As Trump Courts a More Assertive Beijing, China Hawks Are Losing Out
The Trump administration has dialed back aggressive measures against China and reversed its position on technology controls as the president angles for a Chinese trip later this year.
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Tariffs on Russia Could Hurt Wary U.S. Farmers
President Trump’s plan to impose a 100 percent tariff on Russian goods could raise the cost of urea, a key fertilizer in corn and other row crops.
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Tariffs on Russia Could Hurt Wary U.S. Farmers
President Trump’s plan to impose a 100 percent tariff on Russian goods could raise the cost of urea, a key fertilizer in corn and other row crops.
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One of These BRICS Is Not Like the Others
President Trump’s attacks on the group of emerging economies, which includes Brazil, Russia and China, have put one member — India — in an uncomfortable spot.
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Before Trump, Indonesia Had Another Trade Headache: China
Long before President Trump wielded tariffs as a weapon to punish Indonesia, the country was fighting back a flood of cheap Chinese goods.
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U.S. Proposes Steep Tariffs on Critical E.V. Battery Material
The Commerce Department plans to impose a 93.5 percent levy on Chinese graphite, an essential ingredient in the batteries that power electric vehicles.
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Has Japan’s ‘Rice Minister’ Brought Down Prices Enough to Save His Party?
Shinjiro Koizumi has scrambled to cut soaring rice prices ahead of a high-stakes election this weekend. Will it be enough to buoy support for the Liberal Democratic Party?
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Goldman Sachs Sets Series of Records on Tariff Swings
Goldman and other investment banks are feeding off a Trump boom.