Trump’s hand in tariff war he started gets weaker
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Trump first announced his intention to impose a 25% tariff on truck imports in September, but did not specify if Mexican exports would be subject to the same rate.
Trump predicted he would reach a 'fantastic' trade deal with China's President Xi Jinping, despite disputes about tariffs and rare earths.
Trump blamed Beijing for the latest impasse, a dispute over China's sweeping new export restrictions on rare-earth minerals and magnets.
The president and top White House officials have floated using tariff revenue to pay the military and support farmers. It's not that simple.
UPS and other shippers are having to gather additional customs information to clear some international shipments. They don't always succeed.
While the President publicly touts his tariff policies, the Wall Street Journal reports that administration officials are quietly rolling some of them back. Ron Insana and Brendan Greeley discuss on The 11th Hour.
Here's how these additional costs will inevitably translate to higher subscription fees for American consumers seeking entertainment content.
WASHINGTON - U.S. President Donald Trump on Friday signed orders approving significant tariff relief for U.S. auto and engine production and setting new 25% tariffs on imported medium- and heavy-duty trucks and parts starting November 1. Trump is also setting a 10% tariff on imported buses.
Colombia's foreign ministry said early on Monday the country has recalled its ambassador from the United States, after U.S. President Donald Trump said he would raise tariffs on Colombia and stop all payments to the South American nation,
Trump’s order also gave automakers relief from separate tariffs that he applied to steel and aluminum products. The latest announcement will extend a tariff offset program from two years to five.
Investors are scanning the auto industry, already whiplashed by tariffs, for signs that other suppliers may have used similar trade finance arrangements.
Cleveland-Cliffs reported rising demand for its steel in the third quarter, and said it will explore producing rare-earth minerals, as the Trump administration’s trade policy rewards its U.S. footprint.