tariffs News Updates

Government, Business

Canadas 13 Premiers Descend on Washington

The leaders of all Canadian provinces and territories are set to meet up in the U.S. capital to take their arguments against tariffs to American lawmakers, business groups and labor leaders.

February 12, 2025
Government, Business, Equipment

Isuzu to Build Production Plant in South Carolina

Truck maker Isuzu North America will build a manufacturing facility in Piedmont, S.C., that is expected to be operational by 2027, the company said.

February 12, 2025
Government, Business

Japan Asks for Exemption From US Steel and Aluminum Tariffs

Tokyo asked President Donald Trump to exclude Japanese companies from his fresh tariffs on steel and aluminum.

February 12, 2025
Government, Business

Trump Readies Matching Tariffs on Trade Partners

President Donald Trump plans to sign an order as soon as Feb. 12 that would require that U.S. tariffs on imports match the tax rates charged by other countries.

February 12, 2025
Government, Business

Powell Signals No Rush to Cut Interest Rates Further

We know that reducing policy restraint too fast or too much could hinder progress on inflation, Powell said in prepared testimony for the Senate Banking Committee.

February 11, 2025
Government, Business

Trump Considers Tariff Exemption on Australian Metals

President Donald Trump said he agreed to consider a tariff exemption on Australian steel and aluminum imports after a telephone call on Feb. 11 with Australias prime minister.

February 11, 2025
Government, Business, Equipment

Ford CEO Says Tariffs Would Blow a Hole in Auto Industry

Ford CEO Jim Farley will travel to Washington on Feb. 12 to warn Congress that the 25% tariffs President Donald Trump has proposed on Canada and Mexico would blow a hole in the auto industry.

February 11, 2025
Government, Business

Mexico to Start Talks With US on Steel, Aluminum Tariffs

Mexico will consult with the U.S. to explain why it considers the steel and aluminum tariffs ordered by President Donald Trump as not justified, said Economy Minister Marcelo Ebrard.

February 11, 2025
Government, Business

EU Vows to Tax US Bourbon, Jeans, Peanut Butter, Motorcycles

U.S. tariffs on steel and aluminum will not go unanswered, European Union chief Ursula von der Leyen vowed on Feb. 11, adding that they will trigger tough countermeasures.

February 11, 2025
Government, Business

Trump Risks Inflation With Steel, Aluminum Tariffs

President Donald Trump on Feb. 10 removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%.

February 11, 2025