Trump Announces A 25% Tariff On Imported Cars
President Trump announced Wednesday that he would impose a 25% tariff on all vehicles imported into the United States. The tariffs scheduled to come into effect on April 2nd will apply to completed vehicles and trucks shipped domestically, including American brands manufactured overseas. “What we're trying to do is 25% tariffs on all cars not […]
Trump announces 25 percent tariff on all car imports
President Trump announced Wednesday that he was imposing a 25% tariff on imports of foreign-made vehicles, marking the latest escalation of a trade war with other countries. In the oval office, Trump said the 25% tariff would apply to “all cars not made in the US.” The tariffs will come into effect on April 2nd, […]
Canada bars Tesla from future EV rebate programs, freezes payments amid Trump tariff war
Canada is banning cars made by Elon Musk Tesla from future electric vehicle rebates programs as the country is engaged in a tough trade dispute with President Trump, state Transport Minister Krishstia Freeland said. Freeland said Tuesday that Tesla vehicles are not eligible for the rebate program, as long as “illegal and illegal US tariffs […]
India open to tariff cuts on $23B of US imports to avoid Trump’s reciprocal taxes: report
India is in a hurry to protect President Trump's mutual tax, allowing it to cut tariffs on US imports worth $23 billion, according to the report. South Asian nations are feeling heated as the White House prepares to launch hard mutual tariffs on April 2nd. New Delhi estimated that such tariffs would reach 87% of […]
Trump Tariff Concerns ‘Grossly Exaggerated’
Gerald Storch, former Target Corporation executive and Toys 'R' US CEO, said on Tuesday that President Donald Trump's tariff concerns have been “awfully exaggerated” about Fox Business Network's “Varney and Company.” Host Stuart Varney said, “You were running one of the world's largest toy stores. If you could expect China to raise the toys by […]
USD/CAD climbs above 1.4300, upside potential appears as Trump’s tariff announcement looms – FXStreet
USD/CAD benefits will be supported amid increased risk aversion ahead of Trump's scheduled tariff announcement on April 2nd. The Canadian dollar has been strengthened, as Trump suggested that many countries could receive exemptions. The S&P Global US Services PMI jumped to a three-month high of 54.3 in March, rising from 51.0 in February. USD/CAD traded […]
BREAKING: Trump announces border deal with Mexico, tariff pause
President Donald Trump announced he is pausing tariffs on Mexico for one month after President Claudia Sheinbaum agreed to … source
Trump Declares ‘Secondary Tariff’ on Venezuelan Oil as More ‘Reciprocal Tariffs’ Loom
President Donald Trump announced “secondary tariffs” on Venezuela on Monday, declaring that countries buying oil or gas from them will be forced to pay an additional 25% in deals with the US Quoting violent Venezuelan gangs like Tren de Aragua (TDA), Trump wrote about the true society that South American nations are “intentional and deceived, […]
Gold price slumps below $3,010 on tariff relief, high US yields – FXStreet
Gold will fall by 0.67% as the US limits tariffs on certain trading partners and alleviates the fear of global trade. The US Treasury harvest and the strength of the dollar continue to establish a bullish momentum for gold. FED's boss signal will only be one rate cut in 2025, pushing the inflation target up […]
Stocks rally as Trump’s ‘Liberation Day’ is looking like yet another tariff retreat – CNN
new york CNN – President Donald Trump and his administration have been promoted for more than a month as a Super Bowl-like tariff on April 2nd. But as he has demonstrated many times before, Trump once again appears to be offering a lot of hype and small actions. Trump administration officials are trying to curb […]