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…
Tariff Threats Spur TSMC’s Taiwan Peers to Seek US Expansion
“We didn’t put the United States as the first priority. Now we need to put United States as the first and foremost priority,” said Lee, chairman of the trade association…
Tariffs don’t just protect existing jobs; they can also spark investment
Tariffs might seem like a complicated topic best left to economists, but they have a real impact on the lives of everyday Americans. Tariffs also play a key role in…
Countries boost U.S. gas purchases amid tariff threats
Countries with trade imbalances, including Japan, Ukraine, and South Africa, are pursuing long-term deals to buy American liquefied natural gas, hoping to avoid U.S. tariffs or secure political goodwill. U.S….
What other countries are taking away from Trump’s battle with Canada
In contrast to Canada, Mexican President Claudia Sheinbaum has been much less public with her appeals to Trump on the tariffs, and much quieter about the possible retaliation. Mexico still…
French PM says EU tariff on American bourbon probably mistaken
The European Union was probably mistaken in targeting American whiskey in its riposte to U.S. tariffs, French Prime Minister Francois Bayrou said on Sunday, calling for talks to avoid more…
Vance touts Trump tariffs while touring plastics maker in Michigan, slams firms who sold out US to ‘literal slave’ labor in China
Vice President JD Vance defended President Trump’s tariff approach on Friday, saying the US government needs to “fight back” against countries like China who use “literal slaves” in their factories…
Singapore to collaborate with US businesses amid rising protectionism
“When a country pours over a trillion dollars in state subsidies to lower the cost of production and manipulates its currency to lower the price of its goods, as China…
Government urged to avoid protectionist response to Trump’s tariffs
“I can already feel the push for protective tariffs to keep out foreign products competing with domestic production. I’m very, very wary of something like that because I find that…
Protectionism has a long history in the US – so its return should not be all that surprising
Between 1861 and 1933, US tariffs on foreign imports averaged 50% – among the highest in the world. Tariffs also contributed nearly half of all government revenues. Federal income taxes…