Tag Archives: China

Who Pays for Tariffs? Here’s What You Need to Know.

Who Pays for Tariffs? Here’s What You Need to Know.

President Trump is moving forward with extensive tariffs on America’s closest trading partners. Beginning Tuesday, companies bringing products into the United States from Canada and Mexico will pay a 25 percent tariff; importers bringing products in from China will pay an additional 10 percent on top of existing levies. The president has insisted that these tariffs will not increase prices …

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Trump launches trade war with tariffs on Mexico, Canada and China – SUCH TV

Trump launches trade war with tariffs on Mexico, Canada and China – SUCH TV

President Donald Trump announced broad tariffs Saturday on major US trading partners Canada, Mexico and China, citing a “major threat” from illegal immigration and drugs — a move that sparked promises of retaliation. Canadian and Mexican exports to the United States will face a 25% tariff starting Tuesday, although energy resources from Canada will have a lower 10% levy. Goods …

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Trump Will Hit Mexico, Canada and China With Tariffs

Trump Will Hit Mexico, Canada and China With Tariffs

The Trump administration plans to move forward with imposing stiff tariffs on Mexico, Canada and China on Saturday, in an attempt to further pressure America’s largest trading partners to accept deportees and stop the flow of migrants and drugs into the country. In a press briefing Friday, White House press secretary Karoline Leavitt said the president would implement on Saturday …

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High Inflation and New Tariffs Will Make the Fed’s Job Tougher

High Inflation and New Tariffs Will Make the Fed’s Job Tougher

High inflation is stoking fresh debate about how the Federal Reserve should respond to President Trump’s sweeping plans to reorder the world economy through tariffs, leading to questions about whether old playbooks still apply. On Saturday, Mr. Trump is poised to impose 25 percent tariffs on imports from Mexico and Canada as well as an additional 10 percent tariff on …

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Leaving the W.H.O. Could Hurt Americans on a Range of Health Matters

Leaving the W.H.O. Could Hurt Americans on a Range of Health Matters

President Trump’s decision to withdraw the United States from the World Health Organization could have harsh consequences for countries around the world that rely on the agency to achieve important health goals, including routine immunizations, outbreak control and nutrition programs. But it could also have unfortunate, unintended repercussions for Americans. Disengaging from the W.H.O. would rob the United States of …

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Do DeepSeek’s A.I. Advances Mean US Tech Controls Have Failed?

Do DeepSeek’s A.I. Advances Mean US Tech Controls Have Failed?

The United States has worked steadily over the past three years to limit China’s access to the cutting edge computer chips that power advanced artificial intelligence systems. Its aim has been to slow China’s progress in developing sophisticated A.I. models. Now a Chinese firm, DeepSeek, has created that very technology. In recent weeks, DeepSeek released multiple A.I. models and a …

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G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs

G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs

General Motors executives are closely tracking President Trump’s plans to impose tariffs on imports from Canada and Mexico, but the company is not yet making any major changes to its strategy in North America in response to the threatened tariffs. The automaker has pulled together an “extensive playbook” of possible options but won’t put them in place “until the world …

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Trumps Threatens Tariffs on Canada, Mexico and China

Trumps Threatens Tariffs on Canada, Mexico and China

When President Trump refrained from immediately imposing new tariffs on his first day in office, as he had previously threatened, business executives and others who support international trade breathed a sigh of relief. That relief has been short-lived. On Monday night, just hours after his inauguration speech, Mr. Trump said he planned to put a 25 percent tariff on products …

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Trump Is Said to Push for Early Reopening of North American Trade Deal

Trump Is Said to Push for Early Reopening of North American Trade Deal

The Trump administration intends to push to renegotiate the U.S. trade deal with Canada and Mexico ahead of a required 2026 review of it, seeking to shore up U.S. auto jobs and counter Chinese firms that are making inroads into the Mexican auto sector, people familiar with the deliberations said. The U.S.-Mexico-Canada Agreement, which Mr. Trump signed in 2020, required …

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Trump Pitches External Revenue Service to Collect Tariffs: What to Know

Trump Pitches External Revenue Service to Collect Tariffs: What to Know

President Trump has promised to generate a “massive” amount of revenue with tariffs on foreign products, an amount so big that the president said he would create a new agency — the External Revenue Service — to handle collecting the money. “Instead of taxing our citizens to enrich other countries, we will tariff and tax foreign countries to enrich our …

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