Prices To Rise For Prestige European Consumer Products, Making U.S. Brands More Competitive
Prices on a wide array of European consumer products are set to rise beginning Aug. 1, now that a EU-U.S. trade deal is in place, including a 15% tariff duty…
Trump’s Car Tariffs Rattle Canada’s Once-Thriving Motor City
An hour from Toronto, downtown Oshawa seems to exude the vibe of a pleasant small town. But signs of economic stress are multiplying in the place that once fashioned itself…
Reshoring Surges in This Southern State—What It Could Mean for the Housing Market
“In 2024, U.S. manufacturing reshoring and foreign direct investment (FDI) remained strong, driven by companies seeking to shorten supply chains, reduce exposure to geopolitical risks, and avoid costs associated with…
Japanese Car Prices Are About to Go Up in the U.S.
A new trade deal between the U.S. and Japan heads off what could have been 25% tariffs on all Japanese-made goods, including automobiles. But the agreement nonetheless raises tariffs from…
Trump reaches agreement with E.U. to impose 15% tariff, with exceptions for key industries
President Donald Trump on Sunday announced a trade agreement with the European Union that would set tariffs at 15%, ending what had been months of uncertainty surrounding trade with the…
US imposing 20.56% anti-dumping duties on Canadian softwood
Prime Minister Mark Carney said earlier this month that a future trade agreement with the United States could include quotas on softwood lumber, an area that has caused friction between…
Trump strikes tariff deal with Japan, auto stocks surge
U.S. President Donald Trump struck a trade deal with Japan that lowers tariffs on auto imports and spares Tokyo from punishing new levies on other goods in exchange for a…
Trump announces trade agreement with the Philippines and terms of deal with Indonesia
President Donald Trump said Tuesday he and President Ferdinand Marcos Jr. of the Philippines have reached a trade agreement. Shortly after, he also revealed more detailed terms of an agreement…
China criticises Canada’s new steel import restrictions as protectionist policy
The statement was issued following a media inquiry regarding Canada’s decision to tighten tariff rate quotas on steel imports starting 1st August. Under the new rules, Canada’s Department of Finance…
Alcoa CEO Says Lasting Tariffs Required to Boost U.S. Production
President and CEO Bill Oplinger, who was critical of tariffs early this year, said taking advantage of that scenario would require that the Trump administration’s measures endure, not go away….