Latest in Hits U.s Tariffs
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How Trump's proposed tariffs could raise U.S. car prices
The average price of a new car in the U.S. is more than $49,000, and President Trump's proposal to increase tariffs on Mexico and Canada could raise car prices even higher. Kelly O'Grady examines why.CBS News - Jan. 23 -
U.S. Firms in China Fearing Trade Turmoil Hit a 5-Year High
An American Chamber of Commerce in China Survey shows growing worries about Sino-American relations and how their businesses could be affected.Inc. - Jan. 23 -
Share of U.S. companies in China looking to relocate hits a record high, survey finds
A record share of U.S. companies in China are accelerating their plans to relocate manufacturing or sourcing, according to a business survey released Thursday.NBC News - Jan. 23 -
Share of U.S. companies in China looking to relocate hits a record high, survey finds
A record share of U.S. companies in China are accelerating plans to relocate manufacturing or sourcing, according to the American Chamber of Commerce in China.CNBC - Jan. 23 -
China stocks and renminbi hit by Trump’s 10% tariff threat
Benchmark Hong Kong share index down 1.8% after trade shot at BeijingFinancial Times - Jan. 22 -
Wind Power in U.S. Faces Hit From Trump’s Executive Order
In a sweeping order, President Trump halted federal approvals for new wind farms, in a move that could affect projects on land and in the ocean.The New York Times - Jan. 21 -
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 - Jan. 21 -
The U.S. dollar slumps as Trump 2.0 kicks off with no immediate tariffs
Why President Donald Trump’s Inauguration Day led to a weakening of the U.S. dollar, according to BofA.MarketWatch - Jan. 21 -
U.S. crude oil falls as Trump weighs tariffs, aims to boost energy production
Oil prices are down as Trump moves to implement his trade and energy agenda.CNBC - Jan. 21 -
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 - Jan. 18 -
Trump tariff threats fuel frontloading of trade shipments into U.S., led by China
Companies are expediting cargo shipments into the U.S. ahead of new tariffs from President-elect Trump, with Chinese trade the biggest on the move.CNBC - Jan. 17 -
Facing a Flurry of U.S. Sanctions, China Prepares to Hit Back
With days until Donald Trump is sworn in, China is bracing for a trade war, aiming at industries as diverse as semiconductors, apparel and industrial plastic.The New York Times - Jan. 17 -
Trump tariffs on Canada could jeopardize oil and gas exports to U.S., says trade chief
President-elect Donald Trump's threatened tariffs could prompt Canada to pursue dollar-to-dollar retaliation or an export tax on oil and gas bound for the U.S.CNBC - Jan. 16 -
U.S. Hits Sudan's Leader With Sanctions Over Brutal Civil War
The move comes after the Biden administration last week accused a Sudanese rebel group of committing genocide.The Wall Street Journal - Jan. 16 -
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.CNBC - Jan. 16 -
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 -
China's Export Boom Means Trump Tariffs Would Hit Beijing Where It Hurts
The country’s economy is increasingly reliant on foreign demand for goods pouring out of Chinese factories.The Wall Street Journal - Jan. 12 -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - Jan. 10 -
Firefighting aircraft hit by drone
A Canadian Super Scooper plane was hit by a drone while flying over the Palisades Fire. The plane is expected to fly again, but as KNBC's David Biggar reports, the FAA is investigating as flying ...NBC News - Jan. 10 -
Oilers Don't Need Hits To Be Winners
The Edmonton Oilers aren't the only team that is bucking the trend.Yahoo Sports - Jan. 9 -
Canadiens Players Hit Hardest By Taxes
The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.Yahoo Sports - Jan. 9 -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - Jan. 8 -
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China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...The Guardian - Jan. 6
