The 25 percent levies threaten automakers that are navigating Brexit, a shift to electric vehicles and other obstacles.
Category: International Trade and World Market
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Tesla and Volkswagen May Have a Leg Up As Tariffs Raise EV Prices
Electric vehicles will get even more expensive, but prices for Teslas and some other models may not rise as much as prices for some conventional cars.
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Europe’s Pharma Industry Braces for Pain as Trump Tariff Threat Looms
Medicines and chemicals are huge exports for European Union countries. That makes the sector a weak spot as trade tensions drag on.
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Dollar Doubts Dominate Gathering of Global Economic Leaders
Participants at the I.M.F and World Bank meetings this week reckoned with the prospect that the U.S. safe haven could lose its luster.
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How Tariffs Could Make Americans’ Hobbies More Expensive
As tariffs threaten the cost of synth knobs, wine corks, specialty butters and trading card sleeves, the stuff that makes American life fun may become out of reach.
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China Rejects Trump Claim of Tariff Talks With Xi
President Trump said that “we’re meeting with China” on tariffs, comments aimed at soothing jittery financial markets. But Chinese officials say no talks have taken place.
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Uncertainty Over Trump’s Tariffs Paralyzes U.S. Businesses
The Times heard from hundreds of American companies, most of them small businesses, that face a reckoning because of President Trump’s steep import taxes.
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Facing the Trump Tariffs, Markets Are Bracing for an Economic Storm
The markets face a baffling prospect: continual disruptions from the White House with potentially severe consequences.
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China Is Weighing Tariff Exemptions on Some U.S. Imports
An American business group said that Chinese officials had been surveying companies about American products that are crucial to their supply chains.
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Markets Rise on Hints of Easing Trade Tensions
Stocks were pointing toward a fourth straight positive trading session.
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Pepsico Cuts Growth Forecast Amid Tariffs and Slowed Consumer Spending
PepsiCo’s earnings call pointed to anxious consumers as to why sales had slowed, echoing comments made by Chipotle and Procter & Gamble.
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U.S. Urges Japan and South Korea to Commit to Alaska L.N.G. Project
A group advising President Trump on energy policy is seeking meetings with Japan and South Korea’s trade ministries, with the hope of announcing progress in early June.