Ford CEO: Trump tariffs would wipe out billions in profits if they're long lasting
President Donald Trump agreed to a 30-day pause on 25% tariffs on Canada and Mexico on Monday, while a 10% tariff on China kicked in on Tuesday. The tariffs could inject chaos into auto supply chains, experts say. The auto industry accounts for 26% of imports from Mexico to the US, and 12% from Canada, UBS researchers estimated.
The question then is which does Trump want more: more tariff revenue or perceived international policy victories?
One of the biggest casualties of Donald Trump's potential tariffs on Mexico and Canada is likely to be the Japanese automaker ...
Beijing hit back with its own tariffs and export restrictions after being subjected to levies by President Trump. Trade ...
A lesser-known effect of the potential tariffs, however, could arise as some retailers struggle to sell imported goods at ...
Donald Trump is keeping some of the world’s biggest automakers guessing whether the U.S. president will follow through on ...
As Canada scrambles to avoid tariffs from U.S. President Donald Trump amid a month-long pause, union leaders say there is ...
China's tariffs - due to begin next Monday - would also apply to US oil and farm machinery, but more talks are due this week.
Most auto shares rallied Tuesday after Trump started his tariffs campaign. When Europe faces the spotlight, non-tariff ...
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
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