Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
Category: Customs (Tariff)
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US Hiring Stayed Strong Amid Early Days of Tariff Policy, Jobs Report Shows
The picture of a steady job market, even if backward looking, reassured investors worried about a trade-induced economic slowdown.
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For the U.S. and China, the Only Talking Is About Whether to Talk
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
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Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
The central bank is bracing for President Trump’s tariffs to dent growth while stoking inflation, keeping interest rate cuts at bay for now.
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Don’t Count the Dollar Out Just Yet
As President Trump’s tariffs rock the world, German bonds and the euro are benefiting. But U.S. strength endures, our columnist says.
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Why Apple Warned About a $900 Million Tariff Hit
The iPhone maker warned that it may take a $900 million hit from President Trump’s levies, showing that even powerful companies aren’t immune from the trade war.
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Exxon and Chevron Report Lower Profits While Girding for Tariffs
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.
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Companies Are Raising Prices as Tariffs Hit
President Trump’s trade policies are already starting to frustrate American consumers who have noticed higher prices in their shopping carts.
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How a U.S. Tax Loophole Supercharged China’s Exports
E-commerce trade in small parcels brought Chinese factories to American shoppers. Tariffs are severing the connection.
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Amazon Says Operating Profits May Decline Amid Economic Uncertainty
The company reported overall mixed results, sending share prices down in after-hours trading.
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GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors now expects to earn a lot less than it did before President Trump imposed 25% tariffs on imported cars and auto parts.
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A Tidal Wave of Change Is Headed for the U.S. Economy
American consumers are not yet seeing much evidence of the drastic changes President Trump has made on trade. But they are on their way.