Latest in Auto industry may lose 17 percent of profits due to Trump’s tariff plan: Report
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Auto industry may lose 17 percent of profits due to Trump’s tariff plan: Report
Carmakers in the U.S. and Europe could lose up to 17 percent of their combined annual core profits in a worst-case scenario if the U.S. imposes steep tariffs on Europe and the key U.S. allies of ...Politics - The Hill - 4 hours ago -
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.Business - The New York Times - 3 days ago -
The potential impact of Trump's tariff plan on the steel industry
President-elect Donald Trump plans to put tariffs on Canada, the largest foreign steel supplier to the U.S. Catherine Cobden, president and CEO of the Canadian Steel Producers Association, joins ...Top stories - CBS News - Yesterday -
How the car industry is exposed to Trump’s tariffs
US president-elect’s pledge to impose tariffs on Mexico and Canada would disrupt sector’s complex supply chainWorld - Financial Times - 11 hours ago -
Germany’s car industry is losing its famous Vorsprung – and it can’t all be blamed on Trump and tariffs | Konstantin Richter
It was once the envy of the world – but now its arrogance and failure to change or take risks lie at the root of its decline. About 50 years ago, a man named Hans Bauer who worked in marketing for ...World - The Guardian - November 14 -
53 percent approve of Trump plans: Pew survey
More than half of the country approves of President-elect Trump’s plans and policies for his upcoming second term in the White House, according to a Pew Research Center survey released Friday. The ...Politics - The Hill - November 22 -
Morning Report — Trump’s tariff plans rock global, local leaders
In today’s issue: President-elect Trump on Monday announced what he sees as the fix for the state of the economy and inflation: Huge new tariffs on foreign goods entering the United States. With ...Politics - The Hill - 2 days ago -
Will Trump’s tariffs cause price hikes in electronics? Here’s how his plans could lead to trouble in the semiconductor industry
The semiconductor industry could be facing some serious trouble next year, if President-elect Donald Trump follows through on some of his campaign promises.Business - MarketWatch - November 16 -
Despite Trump Threat to Tax Credits, Auto Industry Continues Shift to EVs
Carmakers won’t reverse their $160 billion investment in vehicles that don’t use fossil fuels, while EV startup Rivian gets financing for a Georgia factory.Business - Inc. - 3 days ago -
Here's what President-elect Trump's tariff plan may mean for your wallet
President-elect Donald Trump proposed sweeping new tariffs on the campaign trail that may raise prices for consumers and trigger job loss, economists said.Business - CNBC - November 6 -
Trump vows 25 percent tariff on Mexico unless it cracks down on border crossings
Former President Trump on Monday threatened to impose a tariff of 25 percent on all imports from Mexico, which is the top trade partner with the U.S., unless the Mexican government curbs what he ...Politics - The Hill - November 4 -
Iconic Mexican Products May Be in Jeopardy With Trump Tariffs
Avocados could be at stake if Trump enacts 25 percent tariffs on Mexico.Business - Inc. - Yesterday -
Trump's tariff threats have rattled Europe's auto giants — but Ferrari appears remarkably unfazed
Ferrari is thought to be a special case among Europe's automobile sector even as many car giants come under pressure from the threat of U.S. tariffs.Business - CNBC - Yesterday -
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Jeffries: Pelosi is not undermining me
“It's an honor to stand on the shoulders of Speaker Nancy Pelosi,” he said Sunday.Politics - Politico - November 17 -
The risks of being too gloomy on Trump tariff plans
Overly pessimistic warnings of economic shocks could weaken crucial support for globalisationWorld - Financial Times - November 21 -
Trump’s Tariff Plan Makes Little Sense
Why set off a tit-for-tat with our closest allies?Top stories - The New York Times - 3 days ago -
Trump's tariff plan has some businesses scrambling
President-elect Trump's plan to raise tariffs by 25 percent on goods from Mexico and Canada and 10 percent on Chinese goods has the auto, agriculture and other industries bracing for the potential ...Top stories - NBC News - 3 days ago -
12:30 Report — Trump’s tariff threat
{beacon} 12:30 REPORT It’s Tuesday of Thanksgiving week. Things are starting to quiet down in Washington. Here’s what’s happening: Trump says he will impose new tariffs on the goods from China, ...Politics - The Hill - 3 days ago -
Here’s How China’s Chip Industry Plans to Deal With Trump’s Term
Anticipating further combative interactions over trade, the Chinese semiconductor industry is make new friends and boosting hiring.Business - Inc. - November 11 -
In Trump's deportation plan, the private prison industry sees a lucrative opportunity
As Donald Trump prepares to make good on his promise to deport possibly millions of undocumented immigrants, the private prison industry appears poised to cash in.Top stories - ABC News - November 13 -
How Trump's mass deportation plans could affect food, farming industry
President-elect Donald Trump confirmed that he plans to address illegal immigration in the U.S. through a mass deportation program. CBS News MoneyWatch correspondent Kelly O'Grady discusses how ...Top stories - CBS News - November 20 -
Inflation may reach these levels on Trump tariffs on Canada, Mexico, chart shows
Trump’s threatened tariffs on Canada and Mexico may boost inflation in the U.S., but there’s still “huge uncertainty” around macroeconomic forecasts, according to Deutsche Bank Research.Business - MarketWatch - 2 days ago -
Tariffs may be just the start of U.S.-China disputes in a second Trump term
After President-elect Donald Trump takes the oath of office next month, U.S.-China relations are poised to be one of the greatest foreign policy challenges for the new administration.Politics - NBC News - Yesterday -
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Ferrari Defies Wider Auto Industry Malaise With Higher Sales, Earnings
Ferrari posted higher sales and earnings in the third quarter and said it was more confident that it would hit its annual guidance, racing ahead of other car makers that are grappling with ...Business - The Wall Street Journal - November 5 -
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Here’s what can stall Trump’s tax and tariff plans
Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.Business - MarketWatch - November 6 -
How Trump’s Plans for Mass Deportations, Tariffs and Fed Could Affect the Economy
Economists are trying to guess at how Trump policies could affect growth and inflation. The uncertainties are huge.Business - The New York Times - November 18 -
Trump’s Tariff Plan Prompts European Fears on Growth Rates
Leaders at the European Central Bank worry that trade barriers will curb EU economic progress more than they will push up Euro zone inflation.Business - Inc. - November 18 -
Trump Plans Tariffs on Canada, China and Mexico That Could Cripple Trade
The president-elect said that he would impose the across-the-board tariffs on Day 1 and that they would stay in place until Canada, Mexico and China halted the flow of drugs and migrants.Business - The New York Times - 2 days ago -
Trump’s Dramatic Tariff Plan, and a Cease-Fire Takes Shape in Lebanon
Plus, Matt Gaetz’s new gig.Top stories - The New York Times - 3 days ago -
WeatherTech CEO David MacNeil reacts to Trump tariff plan
WeatherTech CEO David MacNeil talks to NBC News' Tom Llamas about his thoughts on President-elects Donald Trump's proposed 25% tariffs on goods imported from Mexico and Canada.Politics - NBC News - 2 days ago -
Two-thirds say Trump tariff plans will add to rising costs: Survey
Over two-thirds of Americans say President-elect Trump’s plan to impose tariffs will add to the rising costs of goods, according to a new survey. The Harris Poll, released Wednesday to The ...Politics - The Hill - 2 days ago -
Biden on Trump's tariff plan: 'I hope he rethinks it'
President Biden said Thursday that he hopes President-elect Trump “rethinks” some of his tariff plans. "I hope he rethinks it. I think it's a counterproductive thing to do," the president said in ...Politics - The Hill - Yesterday -
More tariffs, less red tape: what Trump will mean for key global industries
Returning US president has promised protectionist trade measures, relaxed regulation and cheaper energy for consumers. US election live: latest updates after Trump’s victory Donald Trump’s ...World - The Guardian - November 7