Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.
It Is Happening Every Day, Every Where
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.
The president says “jobs and factories will come roaring back” because of his trade policies, but the
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
The components used to assemble wind turbines are made by suppliers around the globe.
President Trump says that countries have been ripping off the United States for decades. There is some truth to that argument — but also a lot of hypocrisy.
The central bank’s outreach to companies has taken on new significance as the outlook for growth and inflation gets cloudier.
A White House trade adviser projected that tariffs would raise about $6 trillion over the next decade. But raising so much revenue for the government conflicts with the administration’s goal of reshoring manufacturing.
Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts.
The scale of the damage depends on the circumstances of each company’s supply chain.
Hyundai already makes cars in the United States, in Georgia and Alabama.