Dozens of foreign governments were trying to appeal to the president to have steep tariffs rolled back, but the president and his advisers have indicated negotiations could be difficult.
Category: Factories and Manufacturing
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‘The Tsunami Is Coming’: China’s Global Exports Are Just Getting Started
A staggering $1.9 trillion in extra industrial lending is fueling a continued flood of exports that could be spread even wider across the world by the Trump tariffs.
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Trump’s Tariffs Imperil the Fortunes of a Nissan Factory Town
Kanda, on Japan’s southern coast, grew in tandem with an auto plant that sends half of the cars it makes to the United States.
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Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals
President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.
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Why Did Trump Impose Tariffs, and What’s Next? Everything to Know.
The president announced sweeping tariffs on Wednesday in an effort to reset global trading relationships. Here’s what you need to know.
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Volkswagen will add an ‘import fee’ to cars sold in the U.S.
The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.
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Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.
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Nike, Lululemon and Other Consumer Stocks Hit Hard by Trump’s Tariffs
Many sportswear brands shifted production away from China to avoid tariffs imposed years ago, but now they face punishing levies targeting alternative manufacturing hubs.
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Trump’s Tariffs Hit Garment Makers in Bangladesh and Sri Lanka Hard
The industry supplies low-cost clothing to the United States, and is a crucial part of the Asian countries’ economies.
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Trump Took a Wrecking Ball to Southeast Asia’s Role as an Alternative to China
Punishing tariffs on Vietnam, Cambodia, Thailand and others in the region threaten their position as major manufacturing hubs for the American market.
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Trump Tariffs Aim to Revive U.S. Manufacturing. Is That Possible?
The president says “jobs and factories will come roaring back” because of his trade policies, but the
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Auto Tariffs Take Effect, Putting Pressure on New Car Prices
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.