Canada plow-maker can’t clear path through Trump tariffs
For decades, Arctic Snowplows has sold its Canadian-made galvanized steel products to “anywhere there is snow” across the border in the United States, says company president Mike Schulz. But a…
Trump’s DOJ digs in on tariff refunds
Reps. Raja Krishnamoorthi (D-Ill.), Deborah Ross (D-N.C.) and Marc Veasey (D-Texas) on Friday introduced a resolution to scrap the 25 percent tariffs Trump imposed on India over its continued purchases of Russian energy. “Instead of advancing…
Why Mexico slapped 50% tariff on India, how it matters
Many are wondering why a developing economy, itself a target of US President Donald Trump’s tariffs, will slap similar tariffs on another developing economy also hit by Trump tariffs? Mexico’s…
Affordability Isn’t a Hoax. It’s Not a Crisis for Most, Either
Many Americans are struggling with rising food prices and high costs for housing, health care, and child care, but there is not a widespread “affordability crisis” in the US. Affordability…
US Trade Gap Shrinks to Narrowest Since 2020 After Tariff Hikes
The U.S. trade deficit narrowed unexpectedly in September to the smallest since 2020, delayed government data showed Thursday, with imports rising just slightly as President Donald Trump’s new tariffs set…
Mexico’s New Tariffs Add to Growing Backlash Against Chinese Exports
The backlash against a China trade shock 2.0 is picking up steam. Mexican lawmakers gave final approval for new tariffs on Asian imports, broadly aligning with US efforts to tighten…
Made in Vietnam: Trump Tariffs Ended China’s Monopoly on US Video Game Consoles
Millions of holiday shoppers across America are filling their baskets with pricey video game consoles, likely unaware of a seismic supply-chain shift that’s done away with the familiar “Made in…
Report: Most CEOs Believe Tariffs Will Hurt U.S. Economy
85% of CEOs believe U.S. tariffs will hurt American business, while nearly 62% believe the direction of the country is on the “wrong track,” according to new research from Stagwell…
France’s Macron threatens China with tariffs over trade surplus
French President Emmanuel Macron said he had threatened Beijing with tariffs during his state visit to China if there was no action taken to reduce the country’s ever-widening trade deficit…
Shoppers, Drawn by Steep Discounts, Power Through Black Friday
Even at a time of inflation, tariff concerns and economic uncertainty, Americans opened their wallets on Black Friday, chasing deep discounts and stretching their budgets where they could. Data released…