Trump, Tariff
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The National Auto Parts Industry (INA) reported that 92% of the Mexican auto parts sector will escape new tariffs from the United States.
You may be aware that President Donald Trump’s global tariff war will see Americans paying more for consumer goods, but have you considered the cost of services will also rise? According to a February report from Insurify,
China and the U.S. agreed to end their recent tariff battle temporarily and restart stalled trade between the two countries.
A new U.S.-China agreement to pause sky-high tariffs on each other is pressuring manufacturing hubs such as Vietnam and Mexico to make their own, better deals with the U.S. to continue benefiting from a "China-plus-one" strategy by global producers.
Tuesday’s report could provide an early read on how Trump’s duties will affect the prices Americans pay for necessities.
Inflation may have picked up slightly last month as President Donald Trump’s widespread tariffs kicked in, a trend economists expect will become more visible in the coming months
Trade at Chicago’s O’Hare International Airport and New York’s JFK International Airport each increased more than 100% from the previous March, according to U.S.
Ford Motor has hiked prices on three of its Mexico-produced models effective May 2, becoming one of the first major automakers to adjust sticker prices following U.S. President Donald Trump's tariffs.
The case argues that Trump lacks authority under the International Emergency Economic Powers Act to impose the tariffs he announced on April 2 on nearly all U.S. trading partners.