International Trade and World Market – Page 6

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.

By Ana Swanson

International Trade and World Market Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries

Oil Producers Follow Trump’s Tariffs With a Surprise Increase

Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a sharp fall in prices.

By Stanley Reed

Automobiles Canada Customs (Tariff) Factories and Manufacturing Germany International Trade and World Market Mexico Prices (Fares, Fees and Rates) Shutdowns (Institutional) Stellantis NV Stocks and Bonds Trump, Donald J United States International Relations United States Politics and Government Volkswagen AG

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.

By Neal E. Boudette

Canada Customs (Tariff) International Trade and World Market Stellantis NV Trump, Donald J United States United States Politics and Government Windsor (Ontario)

Canada’s Carney Puts Tariffs on U.S.-Made Cars as Stellantis Plant Pauses Production

Mark Carney, a former central banker, also called on ‘like minded nations’ to form a new trading order without the United States.

By Ian Austen