Trump’s Tariffs on Steel and Aluminum Take Effect
President Trump imposed a 25 percent tariff on metal imports. The move is expected to raise costs for U.S. manufacturers of cars, solar panels and other products, potentially slowing the economy.
Protectionism (Trade)
Investors Thought They Could Control Trump. They Were Wrong.
On Tuesday, President Trump sent markets into another tailspin by announcing additional tariffs on Canada, suggesting a falling stock market is no longer the bulwark investors had hoped.
Japan Fails to Win Tariff Exemptions During Washington Visit
The country’s trade minister stressed its role as a top investor and employer in the United States in a bid to avoid being hit by new levies on metals and cars.
Can Mark Carney, Canada’s New Leader, Negotiate With Trump?
Mark Carney will most likely be in power just a few weeks before a federal election is held. To win, he will try to convince Canadians he can take on, but also negotiate with, Trump.
Trump Has Said ‘No Exceptions’ to His Tariffs. Will That Last?
His administration has acknowledged that exceptions undercut the power of tariffs, but it seems hard for the president to resist making deals.
Ontario Hits Michigan, Minnesota and New York With Energy Tariffs
Premier Doug Ford warned that he was prepared to cut off power exports to the three states entirely as long as President Trump’s tariff threats remain.
Japan to Send Trade Minister to the U.S. Amid Tariff Tensions
The minister, Yoji Muto, is expected to negotiate with U.S. officials ahead of global tariffs that could damage Japanese businesses, including automotive giants.
Who Likes Tariffs? Some U.S. Industries Are Eager for Them.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.
China Hits Canada With Tariffs in Indirect Riposte to Trump
Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.
Trump’s Tariffs Could Help Tesla, by Hurting Its Rivals More
The electric car company led by Elon Musk builds all the cars it sells in the United States in California and Texas, shielding it from tariffs that could devastate competitors.