Donald Trump, Mexico and European Union
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The on-again and off-again tariffs that President Donald Trump has been imposing and then rescinding on other countries has created uncertainty in agricultural markets worldwide and is affecting ag pr
Trump’s tariffs spark a nationalist reaction in Latin America. Is the U.S. president a godsend for the region’s leftist leaders?
President Trump announced on social media that he is levying 30% tariffs against Mexico and the European Union. They are set to begin on Aug. 1.
Detroit Axle said Trump's new tariff policy is forcing it to shut a facility and cut jobs. Experts look for more companies to do the same.
Analysts expect carmakers’ cash flows generated from their automotive business to be squeezed. They are likely to fall from €9.4bn last year to €3bn at Mercedes-Benz; from €7.1bn to €3.5bn at Volkswagen; and €4.8bn to €4.4bn for BMW, according to data from Visible Alpha.
Trump said that if the EU or Mexico retaliates with higher tariffs, "then, whatever the number you choose to raise them by, will be added on to the 30% that we charge." The EU collectively sells ...