The president wants to begin renegotiating a U.S. trade deal with Canada and Mexico earlier than a scheduled 2026 review, people familiar with his thinking said.
Category: Customs (Tariff)
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Trump Says He Will Impose 10% Tariffs on Chinese Imports on Feb. 1
The president said the planned duties were a response to China’s failure to curb fentanyl exports.
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Automakers Brace for Impact of Trump Tariff Plan for Canada and Mexico
North American car companies have operated across borders for three decades. Tariffs would raise prices and cost jobs in the short run, analysts say.
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How Trump’s Tariffs Could Affect the U.S., Canada and Mexico
While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.
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Trump Pitches External Revenue Service to Collect Tariffs: What to Know
President Trump wants an External Revenue Service to collect tariffs on imports. But one trade expert said the move may be “more branding than substance.”
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Trump Holds Off on Tariffs, but Paves the Way for Future Trade Action
The president’s executive action on trade will keep all possibilities on the table, including eventual tariffs against China, Canada and Mexico.
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‘So Much Uncertainty’: Businesses Worry About Trump’s Many Tariff Plans
The incoming president has floated numerous tariff plans. Retailers say their livelihood could depend on which ultimately come to fruition.
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Trump’s Tariff Threat Stokes Anxiety in Canada’s Auto-Industry Hub
The president-elect’s vow to impose 25 percent duties on Canadian imports could ravage Canada’s auto industry and decimate Windsor, a city deeply tied to the U.S.
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What Scott Bessent, Trump’s Treasury Pick, Might Get Asked Today
Scott Bessent, a billionaire hedge fund manager, will likely face tough questions on tax cuts and tariffs — and how bond markets might check his economic agenda.
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Defending Michigan’s Auto Industry, Whitmer Warns of Tariff Risks
Gov. Gretchen Whitmer addressed the Detroit Auto Show, saying that tariffs should not be used “to punish our closest trading partners,” like Canada.
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China’s $1 Trillion Trade Surplus: What to Know as Trump Takes Office
Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect.