Latest in Automakers Brace for Impact of Trump Tariff Plan for Canada and Mexico
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Trump Pushes for Early Renegotiation of U.S. Trade Deal With Mexico, Canada
President Trump is using the threat of stiff tariffs on goods from Canada and Mexico to pressure the two nations to start renegotiating a continental trade deal.The Wall Street Journal - 8h -
Automakers Brace for Impact of Trump Tariff Plan for Canada and Mexico
North American car companies have operated across borders for three decades. Tariffs would raise prices and cost jobs in the short run, analysts say.The New York Times - 9h -
How Trump’s Tariffs Could Affect the U.S., Canada and Mexico
While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.The New York Times - 10h -
Canada Readies Response to Trump’s Feb. 1 Tariff Plan
As the President wields the threat of import duties, Canadian Foreign Minister Mélanie Joly said the country is working to avoid tariffs, but is also ‘working on retaliation.’Inc. - 13h -
Trump says he's thinking of imposing 25% tariffs on Canada and Mexico in February
The remarks were made to members of the press as the newly minted chief executive offered a slew of executive orders.CNBC - 15h -
Trump Promises Tariffs on Canada and Mexico, and Paves Way for Further Trade Action
The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a sweeping review of U.S. trade policy.The New York Times - 1d -
How Mexico Is Preparing for Tariffs Negotiations With Trump
President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally against China. But the U.S. stance has shifted, too.The New York Times - 1d -
Wall Street shrugs off Trump after he vows Mexico and Canada tariffs
S&P 500 and Nasdaq Composite largely unmoved as it opened for trading for first time after inauguration. Financial markets largely shrugged after Donald Trump outlined plans to impose punitive ...The Guardian - 10h -
Trump threatens steep tariffs against Canada and Mexico
President Trump opted against deploying a blanket tariff against U.S. trading partners, but kept the heat on Canada and Mexico.CBS News - 10h -
Trump threatens 25% tariff within days for Mexico and Canada
Barrage of executive orders resets domestic and foreign policy as new president promises ‘golden age’ for USFinancial Times - 15h -
Canada avoids Trump's tariffs - for now
President Donald Trump stopped short of imposing tariffs on Canada on day one but said they may come as soon as 1 February.BBC News - 16h -
Trump threatens 25 percent tariffs on Mexico and Canada starting Feb. 1
President Trump on Monday indicated his administration would impose 25 percent tariffs on imports from Mexico and Canada beginning Feb. 1. “We are thinking in terms of 25 percent on Mexico and ...The Hill - 1d -
Trump plans to rename Gulf of Mexico, Mount Denali — but can he?
Trump reportedly has plans to rename the Gulf of Mexico and Mount Denali in his first day in office — but can he?The Hill - 1d -
Trump plans to sign executive order to rename the Gulf of Mexico
President-elect Trump intends to sign an executive order to rename the Gulf of Mexico to the Gulf of America and renaming Denali in Alaska to Mount McKinley on his first day in office.NBC News - 1d -
EU gears up for tariffs and Ukraine peace plans on Trump’s first day
Also in this newsletter: How criminals are circumventing the crackdown on cocaine smuggling in AntwerpFinancial Times - 2d -
Deportations, tariffs, pardons: what Trump has planned for day one
The incoming president is ready to sign a slew of executive orders on day one of his second term. Here’s what’s planned. In the grand theatre of American politics, presidential inaugurations ...The Guardian - 2d -
When the U.S. Hit Canada With Steep Tariffs Before, Canada Had a Plan B
But economic, political and technological changes have left Canada with few ways to handle trade restrictions now.The New York Times - 3d -
Canada Prepares for Trump Tariff Threat With Three-Stage Plan
Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.The New York Times - 4d -
Trump’s tariff plans could be harming his ‘animal spirit’ investors
The big unknown is how far Trump is prepared to go to win a trade war before it winds up crushing animal spirits.The Hill - 4d -
Canada sends Trump 'message' with retaliatory tariff talk
Canada must send a “message” to President-elect Trump on tariffs, one of the country's provincial leaders said Wednesday alongside Prime Minister Justin Trudeau, who described the threatened levies ...The Hill - 5d -
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat
The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.The New York Times - 5d -
Canada warns of ‘tit-for-tat’ tariffs on US if Trump imposes levies
Ottawa’s energy minister calls trade tensions a ‘distraction’ from China’s rising economic and military powerFinancial Times - 6d -
Trump Plans to Create an ‘External Revenue Service’ to Collect Tariffs
Despite vows to shrink the federal government, the President-elect wants to create a new agency for these taxes, even though the Commerce Department and the Customs and Border Patrol now handle ...Inc. - 6d -
Trump's China tariff threats are helping fuel a manufacturing boom — in Mexico
The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give ...NBC News - 6d -
Canada’s Trudeau Cautions U.S. Consumers to Consider Harms of Trump’s Tariff Threats
Dismissing the president’s bluster about a 51st state, the departing leader urged Americans to think about the impact of high prices that will accompany new import taxes.Inc. - Jan. 13 -
Ontario leader warns of ‘pain’ for US if Trump imposes tariffs on Canada
Premier of most populous province says rhetoric clouds trade relationship worth hundreds of billions of dollars. The United States will “feel pain” if Donald Trump doesn’t back down from his ...The Guardian - Jan. 10 -
Trudeau: Trump threatened to annex Canada to distract from tariffs impact
Canadian PM says ‘skilful negotiator’ Trump is trying to distract from rise in prices that would follow his proposed tariffs. The Canadian prime minister, Justin Trudeau , has described Donald ...The Guardian - Jan. 9 -
Hyundai pours $16.7bn into EV development at home as it braces for Trump tariffs
World’s third-largest carmaker is grappling with tougher competition abroad and sluggish demand in South KoreaFinancial Times - Jan. 9 -
Lawmaker lauds Trump's expansion plan: Panama, Greenland, Canada 'should be honored’
Rep. Brandon Gill (R-Texas) says Canada, Panama and Greenland should be "honored" by President-elect Trump's ambitions to make them part of the United States. "I think that the people of Panama, I ...The Hill - Jan. 9 -
Canada Suddenly Has No Leader, and No Plan, for a Trump Trade Fight
The united front that Canada presented in President-elect Donald Trump’s first term is fractured and distracted after Prime Minister Justin Trudeau’s resignation.The Wall Street Journal - Jan. 8 -
Mexico president addresses fentanyl production after Trump's tariff threat
President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.CBS News - Jan. 8 -
Trump says he plans to change Gulf of Mexico's name to "Gulf of America"
President-elect Donald Trump said Tuesday that he is planning on changing the Gulf of Mexico's name to the "Gulf of America."CBS News - Jan. 7 -
Trump cites tariffs in call to merge Canada, US
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...The Hill - Jan. 6 -
Donald Trump denies he will pare back aggressive tariffs plan
Washington Post report said aides were aiming to target only critical imports but president-elect calls it ‘fake news’. President-elect Donald Trump on Monday denied a newspaper report that said ...The Guardian - Jan. 6 -
Trump reportedly considering important alteration to tariff plans
President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the impact.CNBC - Jan. 6 -
Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.MarketWatch - Jan. 6 -
Dollar drops on reports Trump will scale back tariff plans
Shares in European carmakers rally on hopes new US administration targets only critical importsFinancial Times - Jan. 6 -
Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - Jan. 6 -
Mexico, Betting Trump Is Bluffing on Tariffs, Sees an Opportunity
Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.The New York Times - Jan. 2