Tag: Tariffs
Mercedes-Benz to add new vehicle to Alabama plant amid Trump tariffs
An employee installs parts on the undercarriage of a Mercedes-Benz GLS-Class SUV at the Mercedes-Benz U.S. International factory in Vance, Alabama, on [...]
GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors now expects to earn a lot less than it did before President Trump imposed 25% tariffs on imported cars and auto parts.
www.nytimes.com [...]
Senate Rejects Bipartisan Measure to Undo Trump’s Tariffs
Only three Republicans joined Democrats in voting to end the national emergency President Trump declared to impose tariffs on most U.S. trading partne [...]
Trump, on Tariffs, Says ‘Maybe the Children Will Have 2 Dolls Instead of 30’
At the end of a cabinet meeting, the president allowed for the possibility that trade war could disrupt supply chains.
www.nytimes.com [...]
Trump signs order easing some auto tariffs
Autoworkers at Nissan's Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs thousands of people and produces a variety of vehi [...]
Trump to Sign Executive Order Walking Back Some Auto Tariffs
Most levies on imported cars and car parts will remain in place, but automakers have secured some relaxation of the trade policy.
www.nytimes.com [...]
G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
General Motors also said its profit in the first three months of the year fell 7 percent from a year earlier.
www.nytimes.com [...]
Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs
The planned concessions to give automakers more time to relocate production to the United States would still leave substantial tariffs on imported car [...]
Temu adds ‘import charges’ after Trump tariffs
Jaque Silva | Nurphoto | Getty ImagesChinese e-tailer Temu has started adding "import charges" of about 145% in response to President Donald Trump's t [...]
Beyond tariffs and chaos — blockchain emerges as the backbone of a parallel economy
Opinion by: Ross Shemeliak, co-founder and chief operating officer of StoboxThe Trump administration is pushing a much-revived policy trajectory, mark [...]
Federal taxes to be ‘substantially reduced’ once tariffs set in: Trump
United States President Donald Trump recently said that federal income taxes would be "substantially reduced" or potentially eliminated once the tarif [...]
Trump’s Tariffs Squeeze an Already Struggling British Car Industry
The 25 percent levies threaten automakers that are navigating Brexit, a shift to electric vehicles and other obstacles.
www.nytimes.com [...]
Trump’s Tariffs Prompt Wave of Lawsuits
The cases are the latest test of the president’s expansive claims of executive power.
www.nytimes.com [...]
Americans are getting flashbacks to 2008 as tariffs stoke recession fears
Homemade barbecue pork chops. Katy Perry performs onstage during the Katy Perry The Lifetimes Tour 2025. A woman checks her receipt while exiting a st [...]
Private jet demand declines as tariffs spook would-be buyers
A Cessna Citation jet aircraft is viewed at Charles M. Schulz Sonoma County Airport in this aerial photo taken on June 1, 2021, near Healdsburg, Calif [...]