The U.S. has faced high export fees for decades as international goods have flowed into the nation with low or no tariffs. United States Trade Representative Jamieson Greer…
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Senate Passes Resolution to Block Tariffs Against Canada
Senators in the majority cross the aisle to spare their home states’ economies. Senators Susan Collins of Maine, Rand Paul of Kentucky, Mitch McConnell of Kentucky, and Lisa…
Read MorePremier Ford Proposes U.S. and Canada Drop All Tariffs
He indicates a willingness to end the trade escalations. Ontario Premier Doug Ford recently indicated that Canada would be open to ending tariffs on American products if the…
Read MorePresident Trump Proposes Secondary Tariffs Against Russia
He says they will be put in place if an agreement between Russia and Ukraine fails. President Donald Trump has proposed to impose secondary tariffs on Russian oil…
Read MorePresident Trump Teases Tariff Reductions for China to Support TikTok Deal
He advocates for long-awaited divestment as deal deadline draws closer. President Donald Trump recently said he would consider reducing tariffs against China if TikTok’s parent company ByteDance manages…
Read MorePresident Trump Threatens Tariffs on Venezuelan Oil Purchases
He faults Venezuela for sending criminals and gang members to the U.S. President Donald Trump threatened to impose 25 percent tariffs on any country that purchases oil from…
Read MoreU.S. and Canada to Discuss USMCA and Deescalate Tariffs
The commerce secretary had expressed optimism that an agreement would be made. Commerce Secretary Howard Lutnick announced that Canada and the U.S. will be discussing the trade relationship…
Read MorePresident Trump Considers Sanctions Against Russia
He seeks to facilitate peace negotiations ahead of discussions with Ukraine this week. President Donald Trump stated that he is “strongly considering” sanctions and tariffs against Russia to…
Read MoreHonda Plans Production Move From Mexico to Indiana to Avoid Tariffs
President Trump’s 25 percent tariffs on goods from Mexico and Canada increase interest in U.S. production. Honda is exploring moving manufacturing of the next generation Civic to Indiana…
Read MorePresident Trump Delays Mexico and Canada Tariffs for One Month Under USMCA
Other reciprocal tariffs will still take effect on April 2. President Donald Trump announced that tariffs will be paused on everything that is included in the United States,…
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