Trump commerce nominee says Canada, Mexico can avoid tariffs, vows stronger China tech curbs
President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid looming U.S. tariffs if they act swiftly to close their borders to fentanyl,
US commerce nominee says Canada and Mexico can avoid tariffs
Trump has said he is considering imposing 25% tariffs on both countries by 1 February. He has previously tied the tariffs threat to ending illegal migration and drugs crossing into the US through its southern and northern borders.
G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
Oil steady as markets await clarity on tariffs by Trump on Canada, Mexico
Oil prices were little changed in early trading on Thursday, as markets watched for tariffs by U.S. President Donald Trump on Mexico and Canada, the two largest suppliers of crude oil to United States.
Trump's commerce nominee was asked about tariffs on Canada and Mexico: Hear the exchange
Commerce secretary nominee Howard Lutnick was asked about the potential impacts of tariffs at a hearing on Wednesday. Lutnick, who appeared to suggest tariffs could come in phases, pointed to border issues with Canada and Mexico as a ‘short term’ issue.
Trump set to implement tariffs on Canada and Mexico this weekend
U.S. President Donald Trump is poised to fulfill his commitment to impose tariffs on Canada and Mexico this coming Saturday, as confirmed by White House spokeswoman Karoline Leavitt on Tuesday.
Trump commerce pick says Canada, Mexico can avoid tariffs
President Donald Trump's commerce secretary nominee Howard Lutnick said at his U.S. Senate confirmation hearing on Wednesday (January 29) that Canada and Mexico can avoid looming tariffs if they act swiftly stop the flow of fentanyl into the U.
Canada braces for Trump’s tariffs
TORONTO — Roughly $900 billion in annual trade between Canada and the United States — and with it, traditionally chummy ...
How China could retaliate against Trump's tariffs
China is President Donald Trump's prime target for a trade war — again. But China already put its boxing gloves on. In his ...
Trump just gave his clearest picture yet of what new tariffs could look like
President Donald Trump has been talking about tariffs for so long that it feels like we know exactly what’s coming. But we ...
What are tariffs and how do they work?
Tariffs are in the news at the moment. But what are they? Tariffs are typically charged as a percentage of the price a buyer ...
Mexico’s Sheinbaum Questions Whether U.S. Tariffs Will Really Be Imposed
We don’t think it’s going to happen really,” she said during her daily morning news conference on Wednesday, just days before ...
Commerce secretary nominee Lutnick tells senators he favors tariffs, U.S.-based manufacturing
Howard Lutnick said tariffs are essential for supporting U.S.-based manufacturing and won't trigger inflation while ...
Donald Trump's Tariffs on Taiwan Microchips Spark Shock
Donald Trump's decision to place tariffs on Taiwan comes as China made significant breakthroughs with AI development.
Trump’s Tariffs Scramble Fed’s Interest Rate Calculus
Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for ...
Donald Trump pledges sweeping tariffs on steel, semiconductors and other imports
President Trump said in the "very near future" he will impose tariffs on steel, aluminum, copper, semiconductors, ...
Oil prices settle down as US stockpile grows, tariffs still in focus
Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...
How Will Tariffs Affect Your Investments?
A tariff is a tax imposed specifically on imported goods. The goal of tariffs is to stabilize prices or reduce imports to ...