Trump tariffs jolt Asian automakers — Toyota likely set for most pain
According to U.S. car marketplace Carpro, Asian automakers made up six of the top eight automakers in the U.S. by sales volume in 2024. Toyota took the top spot with…
Williams-Sonoma says tariffs present opportunity
The retailer also aims to move some production back to the U.S., which is already one of its major manufacturing hubs. Howie said Williams-Sonoma procures 18% of its products coming from…
UAW on X
“All this crying about the effects of tariffs, I find it interesting because, to me, this is just Wall Street. Now that Wall Street’s upset about it, it’s an issue….
The US firms backing Trump’s fight over trade
Head to the grocery store in the US and the shelves are stocked with jars of St Dalfour strawberry spread and Bonne Maman raspberry preserves – some of the more…
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…