Latest in Trump Tariffs Would Hit GM and Other U.S. Automakers Hard
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Trump Tariffs Would Hit GM and Other U.S. Automakers Hard
If 25 percent tariffs are slapped on imports from Mexico and Canada, vehicles made there by GM, Ford, and Stellantis would get more expensive.Business - Inc. - 4 hours ago -
Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
Automakers like General Motors and Stellantis have major production presences in Mexico and could take a hit from tariffs.Business - CNBC - 20 hours ago -
Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
DETROIT — Shares of automakers General Motors and Stellantis fell Tuesday morning after President-elect Donald Trump threatened to put 25% tariffs on goods imported from Canada and Mexico into the ...Top stories - NBC News - Yesterday -
Tim Cook and other U.S. executives attend China expo, meet officials as Trump tariff threat looms
A number of high-profile American business leaders are in China this week for the country's second annual international supply chain expo, including Apple's Tim Cook.Business - CNBC - Yesterday -
Mexico Signals It Could Hit Back With Tariffs at U.S.
Could a tariff war erupt between the United States and Mexico? A top Mexican official said his country might retaliate if the Trump administration placed steep tariffs on Mexico.Business - The New York Times - November 12 -
Assisted dying law would hit other NHS care, says Streeting
The health secretary has ordered officials to review the costs for the NHS of implementing changes in the law.Top stories - BBC News - November 13 -
'It's going to be hard': US firms race to get ahead of Trump tariffs
The US president-elect's import taxes may be just talk until he takes office - but they are having an impact anyway.Top stories - BBC News - 8 hours ago -
Would Trump’s tariffs really be that bad? With Kimberly Clausing
Assessing the arguments for protectionismWorld - Financial Times - November 18 -
Tariffs are hard work
The uncertainty surrounding Trump’s trade policiesWorld - Financial Times - November 12 -
Why the Trump Triumph Could Hit Drone Services Businesses Hard
GOP control of government may mean a halt to imports of DJI’s Chinese-made drones, cutting off supplies of market-leading models used by many small companies.Business - Inc. - November 18 -
Here's why Trump thinks tariffs are good for the U.S.
President-elect Donald Trump is proposing sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Here's why.Top stories - CBS News - 17 hours ago -
Why GM, Ford stocks are falling after Trump’s tariff plan for Mexico and Canada
Stocks of GM and Ford took a hit, amid concerns that Trump’s plan for tariffs on imports from Mexico and Canada could cut auto sales more than a million cars.Business - MarketWatch - 23 hours ago -
Trump tariffs would hurt US defence sector, warns Beijing adviser
Chinese government-affiliated expert says America would bear brunt of trade measures promised by president-electWorld - Financial Times - November 18 -
Trump's proposed tariffs would raise prices for these products, experts say
“This will directly impact people’s pocketbooks,” one expert said.Top stories - ABC News - November 18 -
Trump picking Warsh for Treasury would empower a critic of both the Fed and tariffs
Former Federal Reserve Gov. Kevin Warsh, under consideration for Treasury secretary by President-elect Donald Trump, is known as a critic of both the Fed and protectionism.Business - MarketWatch - November 20 -
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 - 20 hours ago -
Mexico's president on Trump threat: 'One tariff would be followed by another in response'
Mexican President Claudia Sheinbaum threatened to retaliate with her own tariffs against the United States, after President-elect Trump suggested he would impose a 25 percent tax on imported goods ...Politics - The Hill - Yesterday -
Trump’s tariffs would hurt some of his most loyal supporters
It is ironic that some of the first to feel the sting of his second term may be among his strongest supporters: American farmers.Politics - The Hill - 3 hours ago -
Louisville GM Dell out, pursuing other opportunity
Racing Louisville FC announced on Monday that it has mutually agreed to part ways with general manager Ryan Dell.Sports - ESPN - 21 hours ago -
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Trump’s trade tariffs: how protectionist US policies will hit German carmakers
‘Shifts in production’ expected if baseline tariffs on imported goods are imposed to benefit US auto manufacturing . In 1964 the new US president was angry about European trade. Specifically about ...World - The Guardian - November 9 -
Trump says he will hit China, Canada and Mexico with new tariffs
US president-elect vows to impose levies on first day in retaliation for illegal migration and drug traffickingBusiness - Financial Times - Yesterday -
Trump’s talk of tariffs raises fears of hit to economies worldwide
Tariffs on Mexican, Canadian and Chinese goods threaten not just those nations but global economic growth. Trump vows tariffs on Mexico and Canada and deeper tariffs on China US politics – ...World - The Guardian - Yesterday -
Mexico hits back as Trump’s tariff threat shakes markets
President Claudia Sheinbaum hints at retaliation and says US southern neighbour is tackling migrant and drug problemBusiness - Financial Times - Yesterday -
Ikea warns of potential hit from Trump’s tariffs as earnings halve
Net profit slides amid campaign to shield consumers from higher inflationWorld - Financial Times - 5 hours ago -
U.S. Farmers Brace for New Trump Trade Wars Amid Tariff Threats
Despite their concerns, some farm operators still support the former president and prefer his overall economic plan.Business - The New York Times - November 4 -
U.S. Businesses Work to Limit Costs of Looming Trump Tariffs
Companies are rushing to stock up reserves of goods and create new supply chains to avoid the worst of anticipated costs.Business - Inc. - November 11 -
Trump's tariff threats send U.S. companies scrambling for lobbyists and loopholes
In the days since President-elect Donald Trump won the presidential race, Nicole Bivens Collinson’s phone has barely stopped ringing.Top stories - NBC News - November 12 -
Trump's proposed tariffs could raise U.S. grocery prices, analysis finds
Donald Trump's proposed tariffs could raise costs for U.S. consumers, economists say. Here's how much grocery bills could rise.Top stories - CBS News - 5 days ago -
Trump's tariffs could raise the cost of generic drugs in the U.S.
The cost of generic drugs for many people could go up if President-elect Donald Trump follows through on his promise to impose sweeping tariffs on products from China and other foreign countries, ...Top stories - NBC News - 5 days ago -
Homan visits U.S.-Mexico border as Trump threatens Mexico with tariffs
President-elect Donald Trump has threatened Mexico, China and Canada with tariffs as his pick for "border czar" tours the U.S.-Mexico border to assess the immigration policies of the current ...Top stories - CBS News - 22 hours ago -
After tariff threat, Trump selects Jamieson Greer as U.S. trade representative
If confirmed as trade representative, Jamieson Greer would be responsible for negotiating directly with foreign governments on trade deals and disputes.Top stories - CBS News - 6 hours ago -
UK will allay Trump concerns over Chagos Islands, says minister, as Priti Patel says Tories opposed to deal– as it happened
Stephen Doughty, foreign office minister, says if UK had not negotiated a deal with Mauritius, ‘a legally binding decision against UK seemed inevitable’. Wes Streeting has now delivered his ...World - The Guardian - November 13 -
How Trump should impose tariffs
Policymakers need to update their approach if they are determined to use trade measures to protect industryWorld - Financial Times - Yesterday -
Trump’s Tariff Plan Would Upend Trade Flows, Raise Costs, Draw Retaliation
Visions of another trade war with China and a rise in inflation are only a few of the worries economic experts raise with the prospect of a second term for the GOP hopeful.Business - Inc. - November 4 -
Trump’s tariff plan would put US on path to ‘crony capitalism’, Griffin says
Founder of hedge fund Citadel also floats possibility of selling minority stake in firm to outside investorsBusiness - Financial Times - 5 days ago -
Trump's proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates
The proposed tariffs on China, Canada and Mexico could raise prices for United States consumers, according to Goldman.Business - CNBC - Yesterday