New U.S. Tariff Threatens Global Auto Trade
U.S. port fees on foreign ships may disrupt $150B in auto imports. Industry warns of rising costs, delays, and global supply chain issues.
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U.S. port fees on foreign ships may disrupt $150B in auto imports. Industry warns of rising costs, delays, and global supply chain issues.
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Read MorePresident Donald Trump’s 2026 budget plan would slash non-defense domestic spending by $163 billion while increasing expenditures on national security, according to statements released by the White House on Friday.
Read MoreAfter months of tense negotiations, the U.S. and Ukraine signed a deal that is expected to give Washington access to the country’s critical minerals and other natural resources, an agreement Kyiv hopes will secure long-term support for its defense against Russia.
Read MoreChina on Thursday denied U.S. President Donald Trump’s assertion that the two sides were involved in active negotiations over tariffs, saying that any suggestion of progress in this matter was as groundless as “trying to catch the wind.”
Read MoreCurrencies rise and fall all the time because of inflation fears, central bank moves and other factors. But economists worry that the recent drop in the dollar is so dramatic that it reflects something more ominous as President Donald Trump tries to reshape global trade: a loss of confidence in the U.S.
Read MorePresident Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains.
Read MoreTrump administration officials were out in force across the television networks Sunday defending President Donald Trump’s economic policies after another week of reeling markets that saw the Republican administration reverse course on some of its steepest tariffs.
Read MoreWhen the first two rounds of 10% tariffs hit, Zou Guoqing, a Chinese exporter, groaned but didn’t find the barriers insurmountable.
Read MorePresident Donald Trump is betting that a beleaguered Iran is so vulnerable following a tumultuous 18 months in the Middle East that it might finally be ready to abandon its nuclear program.
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