The S&P 500 fell 1.8 percent on Monday after President Trump doubled down on plans to impose 25 percent tariffs on Canada and Mexico starting Tuesday.
Category: Protectionism (Trade)
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What’s Behind Trump’s Love-Hate Relationship With Canada
Canada is one of the United States’ largest trading partners, but President Trump wants to either take it or leave it.
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Trump Turns Up Trade Pressure on China After Beijing Fails to Come Running
China is still cautiously trying to figure out what Trump wants. The president has threatened big tariffs in response to the inaction.
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2 Troubled Carmakers, Nissan and Stellantis, Could Be Hit Hardest by Tariffs
A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.
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Clock Ticks Down Toward Sweeping Tariffs on Canada, Mexico and China
President Trump could still choose to pause the tariffs he is threatening to put on America’s largest trading partners Tuesday, but industries are preparing for the worst.
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Trump Picks Another Trade Fight With Canada Over Lumber
The president initiated an investigation that could lead to tariffs on lumber imports, nearly half of which comes from Canada.
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How Trump’s Tariffs Could Affect American Companies
Business owners told The Times that President Trump’s tariffs could lead to higher costs and expressed frustration at the sudden uncertainty about policy.
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Oil Companies Wanted Trump to Lower Costs. Tariffs Are Raising Them.
The cost of steel pipe used to line oil and gas wells rose after President Trump said he would impose tariffs on steel and aluminum imports.
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Inflation Is Rising. What Will That Mean for Trump’s Tariffs?
Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?
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When It Comes to Tariffs, Trump Can’t Have It All
The president has promised big results, from raising revenue to reviving domestic manufacturing. But many of his goals undermine one another.
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Canada Urges Its Travelers to Stay Home as Trade War With U.S. Continues
Last year, Canadians visiting the United States were responsible for $20.5 billion in spending. Some are now changing their travel plans as the neighboring nations battle over trade.
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U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.