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A White House official clarified Trump's 90-day pause, saying: The baseline 10% tariff that went into effect on April 5 ...
Donald Trump's preoccupation with tariffs as both a weapon and a bargaining chip isn't new.The US President's protectionist approach to trade actually dates back to 1988, to his past life as a real ...
Once that North America-only grace period expired, Canada and Mexico would each get an annual duty-free import quota of ... the Section 232 tariffs cannot exceed the tariff rate in effect on ...
I think we will be negatively surprised." Should the eventual tariff rate land higher than Barclays' roughly 15% estimate, the firm sees more potential downside risk for stocks and the economy ...
calling the outlook "reasonable" while emphasizing patience in responding to new tariff developments. Last week, the U.S. central bank left its benchmark lending rate unchanged at the 4.25%-4.50% ...
The new auto tariffs announced by US President Donald Trump greatly reduce the likelihood of the Bank of Japan lifting its benchmark interest rate at the May 1 conclusion of its next board meeting ...
Walter's mechanics replace metal more often than they repair it, so he's bracing for the impact of President Trump's newly announced 25% tariffs on all vehicles and auto parts imported into the U ...
Fed officials remember that tariffs during Trump's first administration did trigger several rate cuts to cushion weakening output. Still, the high inflation of the early 2020s could set the ...
Without carve-outs for automobiles and parts, Smoke said the auto market could be facing the highest effective tariff rate since World War II. Costs to make a vehicle assembled in Canada or ...
President Donald Trump says auto tariffs are still coming as concerns about the levies still weigh on the markets. Atlanta Fed President Raphael Bostic says he only sees one rate cut from the Fed this ...
Most quota systems were phased out by the World Trade Organization. However, a variation called “tariff-rate quotas” is at the center of Trump’s attacks on Canada. Such quotas set a low ...