Donald Trump’s Mexico tariffs would shift plants to Asia, warns car parts maker
Osamu Inoue, president of Sumitomo Electric, which makes parts for Volkswagen, Toyota and Stellantis, among others, said Trump’s threatened 25 per cent tariffs on Mexican goods would do more harm to US suppliers, which account for almost a third of car parts investment in Mexico.
Americans buy $900 billion a year in food, cars, TVs, toys, appliances and other goods from Mexico and Canada. The cost of ...
US President Donald Trump has threatened to slap a 25-percent tariff on Mexican goods on February 1, a move that analysts say ...
Trump plans 25% tariffs on Canada, Mexico. What will it mean for Iowa's economy, farmers? Last time it left a $2 billion dent ...
Trump underscored his intention to use tariffs as a tool of international economic policy and an increasingly vital source of ...
While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, ...
On his first day in office, Trump reiterated his promise to tariff and tax foreign countries, but did not officially impose ...
Trump's new threat of tariffs on Canada and Mexico will hit far beyond autos and retail, with chemicals companies and freight ...
The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a ...
Trump in response to a reporter’s question said the administration was considering imposing tariffs of 25% on imports from ...
About 28%, or about $844 billion, of all U.S. imports in 2024 came from the two neighboring countries, data from the Census ...
Businesses worldwide and mainstream economists are fretting about higher prices as President Donald Trump unveils his ...
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