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- JPMorgan: An economic cold war may be coming
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While many businesses argue tariffs hurt American businesses and lead to higher costs, companies like American Keg are asking that they be extended to more products. Kate Rogers reports.
The Commerce Department is opening an investigation into whether imports of uranium — the chemical element that fuels nuclear power — pose a risk to national security.
Kayla Tausche reports on how small businesses are coping with the steel and aluminum tariffs.
As trade tensions continue, U.S. farmers are caught in the crossfire.
President Donald Trump said $34 billion in tariffs will go into effect against China Thursday evening.
President Donald Trump threatened on Tuesday that Harley-Davidson will be “taxed like never before” if the motorcycle maker moves production overseas. He claimed that the iconic U.S. company was using increased trade tensions as an excuse to justify planned changes in manufacturing. “A Harley-Davidson should never be built in another country-never! Their employees and customers …
The proposed U.S. tariffs on car imports will have far reaching negative implications for the whole auto industry, according to Moody’s Investors Service. The research firm said higher tariffs will cause problems across the car industry’s global supply chain. “Tariffs on imported cars, parts would be broadly credit negative for industry,” Moody’s said in a …
Shares of Harley-Davidson plunged Monday after the iconic American motorcycle manufacturer said it will begin shifting some production overseas to offset the impact of retaliatory EU tariffs on certain U.S. goods. The statement is one of the first by a major U.S. company that implies the recently announced tit-for-tat tariffs will force it overseas, and counters the …
Even as growth ramps up to what could be the fastest rate since before the financial crisis, economists are worried that a trade war could tip the U.S. into a significant slowdown or even a recession. Fears over a GDP pullback comes as President Donald Trump threatens another more severe round of tariffs aimed both at China and the European Union.
As China and the U.S. near a trade war, both nations bring different weapons to the table. For the U.S., it’s direct tariffs on the plethora of goods it imports, while for China the calculus is a little different.
Trump says he’s taking the action “in light of China’s theft of intellectual property and technology and its other unfair trade practices.”
Eamon Javers reports on the White House imposing 25% tariffs on steel and 10% tariffs on aluminum for America’s biggest trading partners.
Contessa Brewer reports dairy farmers across eight states are struggling as big retailers, such as Walmart and Kroger, get into the milk business.
The United States is likely to impose steel and aluminum tariffs on Canada, Mexico and the EU Thursday, according to a source familiar with the decision.
Kayla Tausche reports the aluminum markets have seen dramatic price spikes as companies face uncertainty from tariff and sanctions.