Implemented or not, Trump's 25% tariff threat is challenging the auto industry
On a sales basis, German automaker Volkswagen is the most exposed to tariff risk, followed by Nissan Motor and Stellantis, S&P Mobility reports.
High Stakes for Global Companies in Trump’s Latest Tariff Threats
Manufacturers from Asia, Europe and elsewhere have poured billions into North American supply chains that could be hit by new taxes on Mexico, Canada and China.
Canada and Mexico face 25% tariffs on Saturday, Trump says
US President Donald Trump has said he will follow through with his threat to hit imports from Canada and Mexico with 25% border taxes, known as tariffs, on 1 February. But he added that a decision about whether this would include oil from those countries has not yet been made.
Wisconsin could see higher prices under Trump tariffs on Mexico and Canada
Mexico and Canada are Wisconsin’s two largest trading partners, supporting a combined $25 billion in cross-border trade in 2023.
Trump Tariff Vow Heaps Pressure on Canada, Mexico, China FX
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.
New Trump tariffs could put even more downward pressure on economy because they’re less targeted
Trump has threatened still more tariffs, proposing 25% on goods from Mexico and Canada, an additional 10% on China and 25% on Colombia after that country initially refused deportation flights from the U.
Mexican peso drops 1% as Trump reiterates tariff threat
The Mexican peso fell 1% against the dollar in a volatile session on Thursday after U.S. President Donald Trump reiterated his threat to impose 25% tariffs on Mexico and Canada, two of its top trade partners.
President Trump threatens to impose steep tariffs on Canada and Mexico
President Trump is threatening to impose tariffs on imports from Canada and Mexico as early as this weekend. Some businesses are trying to prepare, while many economists hope it's just a threat.
Trump pushes ahead with 25% tariff threats
U.S. President Donald Trump says the U.S. will go ahead on its threat to impose 25 per cent tariffs on goods from Canada and Mexico, saying the U.S. does not need their products. Trump also said the U.
These prices could climb within days if Trump slaps tariffs on Canada and Mexico
The Trump administrations says the tariffs will take effect on Feb. 1. Tariffs on goods from Mexico and Canada that are set ...
Some Republicans in Congress worry about Trump tariffs' toll on their home states
President Donald Trump's 2024 campaign promise to impose steep tariffs on imports -- including those coming from close U.S.
Trump says tariffs on Canada and Mexico coming Saturday, and he’s deciding whether to tax their oil
President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. Trump also said he'll "probably” ...
Trump confirms his new tariffs are coming this weekend. Here's where all of his trade plans stand — and how they'll impact Americans.
President Trump warned of new tariffs on China, Canada, and Mexico as soon as February 1. Here's where his trade plans stand ...
North America braces for new Trump tariffs as Saturday deadline nears
Companies, consumers and farmers across North America braced on Friday for U.S. President Donald Trump to impose 25% tariffs ...
Trump’s 25% Tariff Deadline Is Almost Here. What to Expect.
Tariffs on goods from Mexico and Canada could arrive Saturday. Look for confusion on the border, higher prices and cheers ...
These food items will be most affected by Trump's tariffs. What to stock up on in Nevada
President Donald Trump said he will enact comprehensive tariffs on Mexico and Canada on Feb. 1. Here's what Nevadans will see ...
Forex markets brace for Canada, Mexico swings as US tariff deadline looms
A deadline for U.S. tariff hikes on two of its top trading partners has global currency markets braced for increased ...