President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid looming U.S. tariffs if they act swiftly to close their borders to fentanyl,
The 25% tax that President Donald Trump plans to slap as soon as Saturday on imports from Canada and Mexico could drive up the price of everything from gasoline to pickup trucks to the guacamole dip that features so prominently at American Super Bowl parties.
It’s hard not to notice the disconnect between what the American president said about China before Election Day 2024, and what he’s doing now.
Less than two weeks into his second term, President Trump may be poised to deploy steep tariffs against key U.S. trading partners.
Mexico and Canada are Wisconsin’s two largest trading partners, supporting a combined $25 billion in cross-border trade in 2023.
Global policymakers and Wall Street analysts have been bracing for massive trade barriers from the new Trump administration. But it focused more on the domestic front in the first week in power, leaving the global trade landscape largely unchanged.
If U.S. President Donald Trump follows through on his pledge to slap 25% tariffs on imports from Mexico it could usher in a volatile new chapter in the longstanding trade relationship with the impacts hitting consumers.
A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump administration.
President Donald Trump’s renewed pledges to slap 25% tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign exchange markets late in the New York trading session, sending currencies from both countries plunging against the US dollar.
The U.S. can learn from the Chinese model. Strategic education, technology and infrastructure alignment will be critical to rebuilding its manufacturing base.
WASHINGTON – What is it going to take to convince US President Donald Trump not to press ahead with his threat of tariffs on America’s top three trade partners – Mexico, Canada and China? A video might help. Preferably on Fox News.