Up to the last minute, Isaac Presburger, like a lot of other Mexican businessmen, still could not believe that President Trump would deliver on his promise to hit Mexico with tariffs. Little did it matter that Mr. Trump had announced…
Tag: Factories and Manufacturing
As U.S. Tariffs Become Reality, Canadians Prepare for Economic Pain
The trucks that carry about $300 million worth of auto parts each day over the bridge from Windsor, Ontario, to Detroit are still rolling as usual. But in the aftermath of President Trump’s decision to impose 25 percent tariffs on…
Trump’s Latest Tariffs on Canada, Mexico and China Could Be His Biggest Gamble
President Trump made one of the biggest gambles of his presidency Tuesday by initiating sweeping tariffs with no clear rationale on imports from Canada, Mexico and China, triggering a trade war that risks undermining the United States economy. His actions…
Trump Announces Inquiry That Could Lead to Tariffs on Copper
President Trump signed an executive order Tuesday directing his commerce secretary, Howard Lutnick, to begin an investigation into whether foreign production of copper and imports of the material into the United States pose risks to America’s economic and national security.…
When Germany Votes, It Will Be About the Economy
When German voters go to the polls on Sunday, the fate of companies like SKW Piesteritz will be at the top of their minds. The chemical factory halved its annual Christmas bonus for workers last year, and it just shut…