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Tag: Trade Policy

Mexico’s Tariff Plan Threatens BYD and Tesla in Key EV Market

One of the potential decisions that Mexico is considering is the imposition of a 50% tariff on vehicles that are imported from countries with...

Trump Calls on the EU to Impose Severe Tariffs on China and India to Put Helsinki under Pressure

Donald Trump, the President of the United States, has asked the EU leaders to instigate severe tariffs on imports from China and India with...

Nigeria Bans Export of Shea Nuts Used in Beauty Creams for Six Months

Nigeria made known its decision to prohibit the sale of raw shea nuts for six months on a Saturday. The ban aims at the...

Canada Removes Many Retaliatory Tariffs on U.S., Keeps Steel and Auto Duties

Canada will lift a large share of its retaliatory tariffs on U.S. imports starting Sept. 1, Prime Minister Mark Carney announced Friday, but duties...

Trump Administration Imposes 30% Tariff on South African Goods

Once President Donald Trump levied a 30 percent duty on some imports from South Africa, that is the maximum amount that the United States...

Lesotho Garment Factory Struggles as U.S. Tariffs Hit Apparel Exports

A textile factory located in Lesotho that was previously producing golf shirts for Donald Trump’s merchandise line is now facing serious operational problems due...

South Korea Races to Counter Heavy U.S. Steel Tariffs Amid Fears of Economic Fallout

SEOUL — South Korea is moving swiftly to cushion the economic blow from a sharp increase in U.S. tariffs on steel and aluminum imports....

Trump Economic Adviser Defends Tariffs After Court Ruling

WASHINGTON — White House economic adviser Kevin Hassett said Thursday that the Trump administration is confident it will win on appeal after a federal court...

Trump Calls for 25% Tariff on iPhones Manufactured Outside U.S.

U.S. President Donald Trump on Friday called for a 25% tariff on iPhones manufactured outside the United States, raising concerns about foreign manufacturing and...

Retailers Weigh Take-Private Deals Amid Trade Policy Uncertainty

NEW YORK (AP) — U.S. retailers impacted by ongoing trade tensions are increasingly considering going private, following Skechers’ decision earlier this month to sell...

Costs and Complexity Limit Feasibility of 100% U.S.-Made Vehicles

WASHINGTON — U.S. President Donald Trump’s latest tariff-driven push is to localize production, including building vehicles with more American parts. However, according to auto executives...

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