Trump, tariff and auto prices
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Daily Express US |
Trump announced the a 25 percent tariff on foreign made cars on Wednesday, saying they would promote domestic manufacturing
Reuters |
Trump announced 25% tariffs on car and auto parts on Wednesday, sending global automakers' shares down and raising fears of job losses in big auto-exporting countries.
Daily Journal |
Uncertainty over Trump's plans and long-term intentions has led investors to rush into safe havens such as gold, which hit a new record high of $3,085.96 an ounce on Friday.
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President Donald Trump on Wednesday announced 25% tariffs on all cars shipped to the United States, a significant escalation in a global trade war.
General Motors shares fell more than 7% Thursday as investors weighed the auto giant’s outsize vulnerability to the tariffs President Donald Trump announced Wednesday.
Mexican Foreign Minister Juan Ramon de la Fuente spoke with the U.S. Deputy Secretary of State Christopher Landau on Wednesday in a call focused on strengthening bilateral relations, Mexico's foreign ministry said.
President Donald Trump signed a proclamation to implement a 25% tariff on auto imports and floated further duties on the EU and Canada, expanding a trade war and triggering threats of retaliation.
Trump had already decoupled auto imports from a series of reciprocal tariffs he is widely expected to announce next Wednesday, on April 2, a day he has referred to as "liberation day." As part of those tariffs, he is expected to raise import tariffs to match those levied against U.S. exports to those countries.
Clinton, Trump's 2016 presidential election opponent, called out this week's Signal chat controversy, criticized the Pentagon's moves to remove diversity initiatives and slammed l
President Donald Trump said he spoke with Canadian Prime Minister Mark Carney and that the two would meet after Canada’s election, amid an intensifying tariff war between the neighboring allies and major trading partners.