Honda Moving Civic Production from Mexico to Indiana in Response to Trump’s Tariffs
Honda fans should prepare to start the engine. The Japanese manufacturing giant will produce the next generation of citizen hybrids in Indiana, the US, not Mexico, and produce side step tariffs on one of its top-selling automotive models. Reuters reporter Maki Shiraki Quote Three people familiar with Mexico's problems were first selected. This is because […]
Chipotle could pass on costs if tariffs become ‘significant headwind’
Podcast host Josh Holmes explains President Donald Trump's plans to go to social media to implement tariffs and weighs after discussing Elon Musk's remarks at the first cabinet meeting. Chipotle CEO Scott Boatwright said the company will absorb planned tariffs on President Donald Trump's tariffs in its neighbours until they pose a major challenge. “It's […]
Trump Mexico, Canada tariffs a ‘fluid situation’: Commerce secretary
Commerce Secretary Howard Lutonic said tariffs in Mexico and Canada, which are expected to level this week, are “a liquid situation.” Lutonic Participation Fox News' Sunday Morning Futures. He discussed President Trump's plan to place tariffs on Mexico and Canada to curb immigration and fentanyl flow to the United States. The tariff plans were suspended […]
Chinese manufacturing surges despite threat of higher Trump tariffs | Chinese economy
Despite the looming threat of Donald Trump's tariffs this week, China's manufacturing activities expanded at its fastest pace in three months in February. Production at Chinese factories returned to growth last month, thanks to higher new orders and purchase volumes, according to an official survey. Beijing officials Manufacturing Purchase Manager Index The Statistics Bureau reported […]
Trump orders probe into lumber imports ahead of possible tariffs
President Trump signed on Saturday Presidential Order He calls for an evaluation of the imports of wood, described as a “critical” manufacturing industry “necessary” to the US national security, economic strength and industrial resilience. “Tulin products are an important input used by both the civilian construction industry and the military. Every year, the US military […]
Trump Promises Trade Deal with UK That Sidelines Tariffs
US President Donald Trump publicly declared on Thursday, suggesting that he is working on a trade deal with the UK and that he could be exempt from tariffs if the UK agrees to it, and that the European Union sets its own post-Brexit road as a European Union orthotic for punitive emptiness. During a warm […]
China accuses US of 'blackmail' after Trump warns of increased tariffs
Chinese officials have denounced President Trump's decision to add 10% tariffs on China's allegedly suspected imports in the international smuggling of the deadly synthetic drug fentanyl. “The fentanyl issue is an excuse that the US uses to impose tariffs, pressure and threats China, and they punish us for helping them. This will not resolve their […]
Trump says tariffs against Canada and Mexico will go into effect next week
President Trump declared on Thursday that tariffs on goods from Canada and Mexico will come into effect next week, claiming that both countries have not done enough to combat the drug flow to the United States. Mexico and Canada avoided the imposition of a 25% tariff earlier this month after leaders of the two countries […]
25% Tariffs on Canada, Mexico and Additional 10% on China Starting March 4
President Donald Trump has confirmed that his proposed tariffs in Mexico and Canada will begin on March 4th, with a “additional 10% tariff” likely to be charged with China. Drugs like fentanyl are still flowing from Mexico and Canada to our country at very high and unacceptable levels,” Trump said. I wrote it About the […]
Nvidia stock slides as CFO cites ‘unknowns’ on Trump tariffs, export controls
Nvidia's top executives said potential tariffs and export controls on President Trump's powerful computer chips remain “unknown.” Nvidia's shares were above 4% on Thursday morning as investors digested mixed outlook from CEO Jensen Huang's company in its fourth quarter earnings report. Wall Street is worried about macroeconomic factors as Trump strengthens pressure on China. Nvidia […]