Tag: Tariffs
A 1960s ‘Chicken War’ reveals the driving force behind the boom of American pickup trucks
The US slapped tariffs on German-made trucks in retaliation for similar taxes on American frozen chicken. As a result, US automakers gained the upper hand and were able to dominate their market with their own trucks.
There’s confusion over whether the Trump administration secretly promised Apple that iPhones wouldn’t be caught in the cross fire of a tra...
Apple CEO Tim Cook was told by the Trump administration that it would not place tariffs on iPhones, according to the Times, but a senior White House advisor said he didn't have knowledge of an exception.
Soybeans are tumbling as Trump ratchets up trade fight with Beijing
Soybeans tumbled Tuesday after President Donald Trump threatened hundreds of billions of additional tariffs on the world's largest soy importer, raising concerns that retaliatory import taxes that could further target American agricultural products.
Trump’s bully-and-threaten approach to dealmaking is not so artful
Opinion: Donald Trump has a negotiating tactic he really likes: Threaten to do something someone else will really hate, and then offer to stop if they give you what you want. Call it the “Why are you hitting yourself?” approach to diplomacy.
A top GOP senator is unloading on his colleagues who are blocking a long-supported GOP policy because they’re afraid of Trump
After a broad bipartisan amendment to rein in President Donald Trump's ability to slap tariffs on trading partners appeared to be gaining steam, it quickly dissipated when it became clear top Republicans could not stomach legislation to which Trump will take offense.
Canada is slapping tariffs on $12.8 billion of US goods — here are the states that stand to lose the most
Canada is hitting the US with massive tariffs in response to President Donald Trump's decision to hit the country with steel and aluminum tariffs. Based on US export data, here are the states that could be the hardest hit by the tariffs.
Trump says the US won’t endorse the G7 joint statement, calls Canadian Prime Minister Justin Trudeau ‘dishonest & weak’
President Donald Trump on Saturday tweeted that he would not endorse the joint commitment between the leaders of the Group of Seven nations who met in Canada this weekend, threatening auto tariffs and blasting "false statements" he accused the Canadian prime minister of making.
There’s only one thing that can repair the damage Trump is doing to America’s relationship with its closest allies
The only thing that will fix the damage the Trump administration has done to the US relationship with its closest allies is a change of guard in the US government, according to Sebastian Mallaby at the "Council on Foreign Relations."
Trump and Canadian Prime Minister Justin Trudeau exchanged some dark humor about their escalating trade dispute at the G7 summit
On the opening day of the G7 summit in Canada, President Donald Trump and Canadian Prime Minister Justin Trudeau exchanged some dark humor about the trade dispute currently roiling some of the US's oldest allies.
Top GOP senators are organizing a plan to take control of Trump’s tariffs, and it might actually work
A group of senators are crafting a plan that would claw back some of President Donald Trump's authority to enact sweeping tariffs and other trade policies that many Republicans and other free trade supporters believe would result in lasting damage to the US economy.