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The president has been arguing that tariffs help create leverage in international trade talks, forcing other countries to remove trade barriers and give US businesses a fair shot in foreign markets.
Blunt said in an interview the US companies and workers “definitely are at a disadvantage” because they face a 50% tariff on steel and aluminum and a 25% tariff on parts and finished vehicles, with ...
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Gold settled 1.3% lower, snapping a three-session winning streak, and silver fell 0.1%, snapping a five-session winning streak.
Large US automakers criticized the US Japan trade deal on Wednesday for setting a lower tariff for Japanese auto exports compared with ...
Investors will be hoping for a late flurry of more trade deals ahead of the Aug. 1 deadline for higher tariff rates to come ...
U.S. automakers are concerned about President Donald Trump’s agreement to tariff Japanese vehicles at 15%, saying they'll ...
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After months of fraught negotiations with the United States, Japan clinched a deal just days before punitive tariffs were ...
Steep tariffs on U.S. imports of steel and aluminum remain, however, and many other countries, including South Korea and Thailand, have yet to clinch agreements. Overall, economists say the tariffs ...
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