WASHINGTON—Prices of new cars and trucks could jump by several thousand dollars in the U.S. if President Donald Trump follows through on his threat to raise tariffs on imports.
SAVANNAH, GA—The burgeoning growth in U.S. auto exports may be coming in separate parts. The Wall Street Journal reports that U.S. automakers are exporting more cars this year, even as proposed tariffs on imported vehicles, and key materials such as steel and aluminum, are raising concerns over global supply chains.
OTTAWA, ON—The top U.S., Canadian and Mexican officials driving NAFTA renegotiations will meet in Washington today, as pressure for a quick deal is mounting.
In January, President Donald Trump traveled to Davos, Switzerland, to speak at the annual World Economic Forum (WEF). His message: "America is open for business."
Last month, I wrote about the Trump administration's decision to impose tariffs on imported washing machines. As with much of what this administration has done so far, there were no shortage of opinions one way or the other, and I received many comments.
MOSCOW--The Russian government will expand benefits for global automakers who assemble cars at local plants, as a way to double the number of cars exported from the country by next year.
WASHINGTON—The Commerce Department has proposed a 24 percent global tariff on steel shipments coming into the U.S. and a 7.7 tariff on imported aluminum.
WASHINGTON--The Trump administration is advocating for a more balanced trade relationship with Japan as high-level economic talks with the Asian nation advance this week in Washington, according to Vice President Mike Pence.
SEOUL--Representatives from South Korea and the United States will sit down at the negotiating table this week here to discuss possible amendments to the free trade agreement between the two countries.