Trump administration readies reciprocal US tariffs as trade war fears mount
Donald Trump's trade advisers were finalizing plans on Wednesday for the reciprocal tariffs the U.S. president has vowed to impose on every country that charges duties on U.S. imports, ratcheting up fears of a widening global trade war.
Trump's tariffs on steel and aluminum could raise these prices
In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between 5% and 10% between June 2018 and April 2019, Miller added, citing a monthly government data release. Those price hikes far outpaced an overall inflation rate of around 2%.
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"So far, what we are seeing is a lot of cost and a lot of chaos," Jim Farley said of Trump's tariffs.
President Donald Trump is likely to dust off a 1930 trade law largely forgotten for decades to back his new reciprocal U.S.
President Donald Trump signed an order Monday imposing global tariffs of 25% on all steel and aluminum imports, likely ...
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
The comments came after the US president ordered a 25% import tax on all steel and aluminium entering the US, ending previous ...
Ford CEO Jim Farley did not mince words when he said Trump's tariff policy is causing concern and chaos amongst automakers.
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Asian shares mostly rose Wednesday, as regional markets continued to watch President Donald Trump’s latest tariff escalation ...
Coca-Cola may have to sell more drinks in plastic bottles in the US if President Donald Trump's tariffs end up making ...
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