Latest in Tariff Hikes
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What tariffs do and why economists don't like them
“The most beautiful word in the dictionary is tariff,” former President Donald Trump told the Economic Club of Chicago last week.Top stories - NBC News - October 21 -
Hasbro and Mattel are relatively insulated from China tariffs. They would still hurt.
The toy giants are “underindexed to industry average” in terms of their exposure to China, a UBS analyst says.Business - MarketWatch - October 21 -
Tariff surge would damage global growth, IMF warns
In a forecast two weeks before US election the fund says greater protectionism would drag down world economyBusiness - Financial Times - October 22 -
Housing, Tariffs and Debt: Four Experts Debate How to Fix the American Economy
One set of writers on the left and another on the right lay out competing visions for what the next president should do.Top stories - The New York Times - October 23 -
Trump’s getting Harley-Davidson’s story wrong: It’s not about tariff skipping
As he tells the story, the iconic American company was forced to build bikes in India to get around its crushing import duty.Politics - The Hill - October 24 -
China's steel exports expected to falter in 2025 as pain from tariffs spread
Steel producers in China face a double-whammy of mounting overseas tariffs and weakened domestic demand at home.Business - CNBC - October 25 -
‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election
As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen.Business - The New York Times - October 25 -
Foreign appliance maker on Trump tariffs: Risks, opportunities, ‘but mostly uncertainty’
A Swedish appliance maker with factories in the U.S. doesn’t know quite what to make of the possibility of new tariffs in a second Trump presidency.Business - MarketWatch - October 25 -
Trump tariffs: Why stock-market investors are underrating impact
Donald Trump’s most unconventional policy proposal is also one he’s been most consistent in promoting: universal tariffs.Business - MarketWatch - October 26 -
To our next president: Here’s how to use your tariffs
To the 47th president of the United States: Be clear about what you want, and if you must use tariffs, then at least make sure you get something in return.Politics - The Hill - October 25 -
Trump doubles down on replacing income taxes with tariffs in Joe Rogan interview
Vice President Kamala Harris has attacked the tariff policy proposed by Donald Trump, calling it effectively a "sales tax" on Americans.Business - CNBC - October 26 -
Tariffs hurt his business. He's voting for Trump anyway
Donald Trump's call for sweeping tariffs is resonating, as protectionism gains steam in the US.Top stories - BBC News - October 28 -
FirstFT: Japan plunges into political chaos
Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflowsWorld - Financial Times - October 28 -
Trump’s Vast Tariffs Would Rock Global Businesses and Shake Alliances
Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.Business - The New York Times - October 29 -
What to know about Europe's tariffs on Chinese electric vehicles
The European Union has finalized its sharply higher customs duties on electric vehicles imported from ChinaTech - ABC News - October 30 -
Europe Imposes Higher Tariffs on Electric Vehicles Made in China
The tariffs, some as high as 45 percent, are intended to protect Europe’s automotive sector, but they could escalate a trade war with China.Business - The New York Times - October 31 -
Companies are increasingly talking about tariffs as Election Day nears
Republican presidential nominee Donald Trump described “tariff” as his favorite word earlier this month, and it’s increasingly a word that’s coming up in S&P 500 companies’ quarterly earnings ...Business - MarketWatch - October 31 -
Airbus, With Eye on U.S. Race, Says It Will Be Ready for Higher Tariffs
The giant European airplane maker’s chief executive said it would pass along any higher charges to its customers.Business - The New York Times - October 31 -
After six years of tariffs, small-business owners aren’t eager for more
Donald Trump wants to greatly expand import duties. Entrepreneurs who weathered his first round, which Biden largely left intact, say they’d have to raise prices to survive.Top stories - NBC News - November 1 -
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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 -
Asia braces for steep China tariffs in second Trump term
Former president has outlined plans to revive trade war with Beijing and questioned backing for TaiwanWorld - Financial Times - November 6
