The president said the planned duties were a response to China’s failure to curb fentanyl exports.
Category: International Trade and World Market
-
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.
-
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.
-
Trump’s Executive Order to End E.V. Subsidies Draws Pushback
Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some experts said that some changes may not survive legal challenges.
-
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.”
-
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.
-
‘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.
-
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.
-
I.M.F. Raises U.S. Economic Forecast as Other Regions Lag
It is projecting 2.7 percent growth for 2025. But uncertainty about pending Trump policies looms over the global economic trajectory.
-
China Says Economy Grew 5% Last Year, Driven by Exports
Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.
-
Toyota Truck Unit Will Pay $1.6 Billion to Settle Emissions Fraud Case
Hino Motors, a Toyota subsidiary, will plead guilty to conspiracy charges and pay penalties for deceiving regulators about its diesel engines, the E.P.A. said.