Trump Open to Chinese EV Production in US and Rejects Imports

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President Donald Trump indicated a potential openness to permitting a Chinese automotive manufacturer to produce electric vehicles in the United States, contingent upon the employment of American workers, while reaffirming his commitment to uphold the existing US prohibition on imported Read More …

Canada Imposes New US Tariffs as Trade War Escalates

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Just after midnight on Tuesday, Canada imposed retaliatory tariffs on US imports, intensifying a protracted trade dispute between the two nations that may harm Republican candidates in the approaching midterm elections. The new levies encompass $20 billion in American goods Read More …

Without Fed rate cuts, Trump will stop trading with top partners

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President Donald Trump issued a warning on Friday regarding the potential cessation of trade with numerous countries unless the Federal Reserve takes action to reduce interest rates. “LOWER THE RATE OR I’LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE Read More …

Trump delays 50% tariff on select Canadian goods

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President Donald Trump’s announcement regarding a potential 50% tariff on a broad array of Canadian goods will not be implemented at 12:01 a.m., as he revealed just hours prior, thereby exempting approximately $20 billion in imports. “I have paused the Read More …

Trump Revives Trade War With New Tariffs on 60 Countries

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President Donald Trump’s trade war has resurfaced. After months of relative quiet following the Supreme Court’s February decision that disrupted the president’s extensive tariffs on global trading partners, the administration is once more targeting this issue. On Friday, tariffs between Read More …

Trump unveils new tariff initiative aimed at multiple countries

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President Donald Trump pledged to explore alternative methods for taxing foreign goods following the Supreme Court’s dismissal of his most stringent tariffs earlier this year. On Thursday, the administration revealed its most recent alternative solution. Beginning at 12:01 a.m. on Read More …

Trump aims to scrap his signature trade deal

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Six years prior, President Donald Trump proclaimed his US-Mexico-Canada Agreement, or USMCA, as the “fairest, most balanced, and beneficial trade agreement we have ever signed.” Now, as the agreement approaches its review period, Trump indicates his willingness to withdraw from Read More …

Trump Revives Tariff Threats as Inflation Concerns Persist

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“Tariff” may be one of President Donald Trump’s preferred terms. However, following the onset of the conflict with Iran, it has seldom featured in his lexicon. With a tenuous accord between the United States and Iran presenting a potential resolution Read More …