The president-elect’s threat to hit Canada, Mexico and China with new tariffs is already rocking business and diplomatic relationships and could topple the trade pacts he signed in his first term.
Category: Protectionism (Trade)
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Mexican President Mulls Retaliatory Tariffs After Trump’s Threats
President Claudia Sheinbaum responded to President-elect Trump’s threat to impose high tariffs, saying such a move would inflict damage on both countries.
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Trump’s Tariffs Would Deal a Big Blow to the Auto Industry
Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.
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Trump’s Tariff Threat Roils Global Markets
The dollar gained and investors sold off stocks after the president-elect promised to levy new restrictions on the United States’ biggest trade partners.
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After Trump’s Tariff Threat, Is a China Currency War Next?
While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.
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Trump Threatens 25% Tariff on Canada and Mexico, Potentially Crippling Trade
The president-elect said that he would impose the tariff on Day 1 and that it would stay in place until Canada and Mexico halted the flow of drugs and migrants across U.S. borders.
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Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?
The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will follow through on promises to help the working class.
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Trump’s Trade Agenda Could Benefit Friends and Punish Rivals
Donald Trump has a record of pardoning favored companies from tariffs. Companies are once again lining up to try to influence him.
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Europe’s Leaders Seek Greater Unity to Counter Trump’s ‘America First’ Agenda
At a conference in Paris, corporate chiefs, finance ministers and top politicians called for a “Europe First” policy to counter Donald Trump’s protectionist agenda.
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Why Germany’s Economy, Once a Leader in Europe, Is Now in Crisis
The country is facing a second year of zero growth, with industry leaders gloomy and worried about potential tariffs from President-elect Donald Trump.
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The High Risk, High Reward Trump Market
Faced with unconventional and disruptive proposals, investors are figuring out how to place their bets.
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Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.