The president said he would pause a 25 percent tariff on cars coming from Canada and Mexico under a trade pact for one month, while other levies stay in place.
Category: International Trade and World Market
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South Africa’s Play to Ease Tensions With Trump: A New Trade Deal
Lawmakers were warned that the United States is planning more punitive actions against the country. Officials hope a new trade deal will help repair the icy relations.
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Gaming Out Trump’s Next Tariff Moves
In his address to Congress, the president made clear that his new trade levies were here to stay, acknowledging it might create “a little disturbance.” Analysts forecast what that might look like.
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Tariffs Add a New Shock to Food Supply Chains
Companies made their supply chains stronger and more flexible because of the Covid pandemic. But they weren’t banking on tariffs.
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What 6 Americans Thought of Trump’s Speech
For many reluctant Trump voters, there was a mixture of confidence, anxiety, hope and frustration — along with some anger directed at Congressional Democrats.
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Trump’s Latest Tariffs on Canada, Mexico and China Could Be His Biggest Gamble
President Trump has offered a mix of reasons for upending global trade relations, baffling and angering America’s biggest trading partners.
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Mexico Gave Trump Much of What He Wanted. Tariffs Came Anyway.
President Claudia Sheinbaum of Mexico took steps sought by President Trump, including sending troops to the border and cracking down on drug cartels. The tariffs went into effect anyway.
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How Retaliatory Tariffs by China, Canada and Mexico Could Harm American Farmers
Trade wars during President Trump’s first term slashed billions of dollars in U.S. agricultural exports. Farmers and trade groups expect an even bigger hit this time.
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Canada and China Retaliate Against Trump’s Tariffs, Amid Fears of Trade War
Prime Minister Justin Trudeau of Canada warned that the Trump administration’s tariffs were leading to a trade war. Mexico’s leader vowed to impose countermeasures on Sunday.
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Trump’s New Tariffs Could Strain Collection of Customs Fees
Importers will have to make changes to pay new tariffs on goods from Canada, Mexico and China, and government agencies will need more resources to enforce the fees.