General Motors and a few other companies make as much as 40 percent of their North American cars and trucks in Canada and Mexico, leaving them vulnerable to tariffs.
Category: International Trade and World Market
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Here’s What to Know About Trump’s Tariffs
More than a third of the goods and services imported to or bought from the United States are linked to Canada, Mexico and China. Tariffs could lead to higher prices for consumers.
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Trump’s Tariffs Would Reverse Decades of Integration Between U.S. and Mexico
Ties between the United States and Mexico have deepened over 30 years of free trade, creating both benefits and irritants.
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Ahead of Possible Tariffs, No Rush to Get Goods In From Canada and Mexico
Experts say the freight system could handle an increase in imports from Canada and Mexico, but there is little sign of a significant increase.
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The World Economy Awaits Trump’s First Round of Tariffs
Economists, policymakers and investors are bracing for a trade war that has been brewing since Election Day.
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The World Economy Awaits Trump’s First Round of Tariffs
Economists, policymakers and investors are bracing for a trade war that has been brewing since Election Day.
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Why There’s Nowhere to Hide From Trump’s Tariffs
President Trump’s long-promised trade war could start as soon as Saturday, leaving companies scrambling for a workaround for their global supply chains.
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Trump Tariffs Could Hurt Oil Companies and Increase Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.
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High Stakes for Global Companies in Trump’s Latest Tariff Threats
Manufacturers from Asia, Europe and elsewhere have poured billions into North American supply chains that could be hit by new taxes on Mexico, Canada and China.
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Tell Us How Tariffs on Goods From China Will Affect Your Business
The New York Times wants to talk to business owners about President Trump’s plan to impose additional duties on imports from China.
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U.S. Economy Grew 2.3 Percent in Fourth Quarter
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
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Lutnick Grilled on Trump’s Tariffs and China During Confirmation Hearing
Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, said he favored “across the board” tariffs and faced grilling about his financial ties in a nomination hearing Wednesday.