No fooling: Trump sets April 2 as date for 25% auto tariff
“The European Union was formed to ruin the United States,” Donald Trump said this week. “That's what it was about. They did a good job with it, but now I'm the president.” A harsh sound? Take into consideration the numbers. The US currently imposes a 2.5% tariff on cars imported from Europe. Meanwhile, Europe imposes […]
Asia-Pacific markets rise as investors await clarity on Trump's tariff plans – CNBC
It is known for its main bazaar, Paharganj, hotels, lodges, restaurants, Daba and a wide range of shops that cater to both domestic and foreign tourists, especially backpackers and budget travelers. Hadina | E+ | Getty Images The Asia-Pacific market rose on Monday as investors clarified President Donald Trump's plan to impose tariffs on major […]
Top Canadian official slams Trump for tariff plan: ‘You lose prosperity’
Top Canadian diplomats have issued warnings about President Donald Trump's plan to track collection of tariffs on Canadian imports, claiming the move will cause both countries to be lost. “If you put too many barriers before trade, if there are too many taxes and tariffs before trade, you'll reduce everything, fire people, lose jobs, lose […]
Trump's tariff threats work: Watters
Fox News host Jesse Watters discusses what President Donald Trump’s tariff threats mean for Canada and Mexico on ‘Jesse … source
Blue state governor sounds the alarm on Trump’s tariff plans
The Trump White House is fighting back after Gov. Gretchen Whitmer (D-Mich.) warned Wednesday that President Donald Trump's 25% tariff could put Michigan's automotive industry at risk. During the speech of the state's seventh state, Whitmer issued warnings to Trump's plan to impose a 25% tariff on Canada and Mexico, urging the White House to […]
National Bank sticking with guidance despite tariff threat – Yahoo Canada Finance
The National Bank of Canada believes that uncertainty due to potential tariffs is growing, but says it has not yet adjusted its revenue expectations due to the threat. Banks, like others who have reported so far, are still keeping their forecasts for growth per single share, so they're not in the way of hits. “We […]
Eli Lilly Announces Plan To Invest $27 Billion In America Amid Trump Tariff Threats
Eli Lily announced Wednesday that it plans to more than double US manufacturing investment this year to $50 billion as President Trump threatens to threaten tariffs on drug imports. The drug giant will begin construction of four domestic manufacturing sites in 2025, adding 13,000 high-wage manufacturing and construction jobs. press release. The company claimed the […]
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lily is planning to invest up to $27 billion to build four new drug manufacturing sites in the United States, the company announced Wednesday. The company said that three future US sites will focus on the production of active drugs. The fourth place focuses on injectable therapy. Lily said the site has not […]
Small businesses seeing revenues rise, but tariff threats loom: BofA
Yardeni's research president Ed Yardeni analyzes new economic data amid the weakness of the market to make money. A new analysis by the Bank of America Institute shows that small businesses appear to be gaining financial momentum, but tariff-related policy changes could drive inflation and thereby It will be a new challenge to profitability. The […]
Popular Support Surges For Tariff Hiking GOP
Surge in Republican support for tariffs There are monsters haunting the Republican Party – the ghost of William McKinley. The Republican Party was firmly reestablished as a tariff party, marking a rapid departure from the free trade consensus that dominated its economic philosophy in the second half of the 20th century. The new poll data […]