Do you really think protectionism in the US was invented by Donald Trump?
Giorgia Meloni, Italy’s prime minister, dismissed the idea that protectionism in the United States was an invention of former President Donald Trump, in an interview with the Financial Times. Addressing…
Canada steel, aluminum plants lay off workers due to US tariffs
Hundreds of Canadian workers, many in the steel and aluminum sectors, have been laid off as a result of U.S. President Donald Trump’s tariffs, according to a major union and…
China’s Trade Surplus Too Big to Accept, Ex-Top US Official Says
China is running a trade surplus that the world economy can’t “live with,” former US President Bill Clinton’s top trade official said, warning its exports would face new roadblocks without…
Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues
The tariffs, which the White House expects to raise $100 billion in revenue annually, could be complicated as even U.S. automakers source their components from around the world. Trump has…
Vietnam Races to Avoid US Tariffs With Proposed Tax Cuts
Vietnam’s finance ministry has put forward a proposal to cut preferential import tariffs on a range of products including LNG, cars, wood, and agricultural products, as the nation seeks to…
US retailers haggle with suppliers after Trump tariffs
U.S. retailers Walmart and Target are bickering behind the scenes with their suppliers over proposed price hikes on everything from cake pans, tote bags and toys to other merchandise. The…
Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term
Nvidia CEO Jensen Huang downplayed the negative impact from President Donald Trump’s tariffs, saying there won’t be any significant damage in the short run. “We’ve got a lot of AI…
A Tariff On Imported Alcohol Could Be Good for American Brands
Derek Simms, the president of the Simms Hospitality Group in Dallas, says the number and quality of Texas brands of wine, beer and spirits has exploded over the past decade,…
Trump, Fain, Sanders forge unholy tariff alliance
When a Republican president who purports to be a conservative is aligned on economic policy with an anti-capitalist labor boss and the leading socialist voice in Congress, there’s trouble ahead…
Why America’s biggest auto union supports Trump’s tariffs — and Canada’s does not
The United Auto Workers, or UAW, representing thousands of American auto workers, has thrown itself behind U.S. President Donald Trump’s tariffs against Canada and Mexico. “We are glad to see an American…