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Global automakers say Trump’s tariffs will be painful for them and US consumers
FRANKFURT, Germany (AP) — Whatever domestic economic gain comes from U.S. President Donald Trump’s new 25% tax on imported cars – and experts are skeptical – automakers around the world are bracing for a lot of pain. In Japan, South Korea, Mexico, Canada and across Europe, the world’s largest automakers employ millions of people whose livelihoods depend […]
Canada is not our enemy, Kaine says
U.S. Sen. Tim Kaine, Virginia’s junior Democratic senator, feels strongly that Canada doesn’t pose a national security threat to the United States — a contrast to President Donald Trump, who has threatened the Great White North with tariffs as retaliation for what he says are insufficient efforts at keeping drugs from coming across its border. […]
US cities located in states won by Trump would be most hurt by Canadian tariffs, an analysis finds
WASHINGTON (AP) — The U.S. cities most vulnerable to a trade war with Canada turn out to largely be in the states that helped return Donald Trump to the White House — a sign of the possible political risk he’s taking with his tariff plans. A new analysis released Thursday by the Canadian Chamber of Commerce detailed […]
Trump places 25% tariffs on auto imports
WASHINGTON (AP) — President Donald Trump said Wednesday he was placing 25% tariffs on auto imports, a move the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains. “This will continue to spur growth,” Trump told reporters. “We’ll effectively be charging a […]
Caught in the middle, this US oddity at the border is grappling with Trump’s trade war with Canada
POINT ROBERTS, Wash. (AP) — In the northwest corner of Washington state lies a quirky U.S. exclave so dependent on Canada‘s goodwill that the strain of President Donald Trump’s tariff war is inescapable — in the sole grocery store, at any of the three eateries, and for the many residents who never voted for him. […]
US trade war could raise prices, economists say
Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau managed to separately negotiate a monthlong pause on Monday with U.S. President Donald J. Trump on a trade war that was scheduled to begin on midnight Tuesday. However, as of late Monday afternoon, the Trump administration was still prepared to impose a 10% tariff on […]
Democrats call out Youngkin on Ford plant decision
Democratic state delegates excoriated Virginia Gov. Glenn Youngkin on Tuesday for taking Virginia out of the running for a $3.5 billion Ford Motor Co. battery manufacturing plant that would have created at least 2,500 jobs in Southern Virginia. The governor said last week that although Virginia was a finalist for the economic development project, he […]
