Donald Trump’s Mexico tariffs would shift plants to Asia, warns car parts maker
Osamu Inoue, president of Sumitomo Electric, which makes parts for Volkswagen, Toyota and Stellantis, among others, said Trump’s threatened 25 per cent tariffs on Mexican goods would do more harm to US suppliers, which account for almost a third of car parts investment in Mexico.
Americans buy $900 billion a year in food, cars, TVs, toys, appliances and other goods from Mexico and Canada. The cost of ...
Moody's warned Monday that U.S. President Trump’s proposed tariffs on Mexico could limit its 2025 economic growth to 0.6%.
On Monday and Tuesday, President Trump announced that he would be keeping one of his key campaign promises and imposing by ...
Tariffs of 25 percent could hit goods from Mexico and Canada entering the U.S. as soon as next month, Donald Trump announced ...
The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a ...
On his first day in office, Trump reiterated his promise to tariff and tax foreign countries, but did not officially impose ...
Trump in response to a reporter’s question said the administration was considering imposing tariffs of 25% on imports from ...
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