Oil steady as markets await clarity on tariffs by Trump on Canada, Mexico
Oil prices were little changed in early trading on Thursday, as markets watched for tariffs by U.S. President Donald Trump on Mexico and Canada, the two largest suppliers of crude oil to United States.
US commerce nominee says Canada and Mexico can avoid tariffs
President Donald Trump's pick to lead the Commerce Department has told US lawmakers that Canada and Mexico can avoid blanket tariffs if they close their borders to fentanyl. "As far as I know, they are acting swiftly, and if they execute it, there will be no tariff," Howard Lutnick said on Wednesday during a confirmation hearing before senators.
Trump Commerce Nominee Says Canada, Mexico Can Avoid Tariffs, Vows Stronger China Tech Curbs
President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid looming U.S. tariffs if they act swiftly to close their borders to fentanyl,
G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
White House says Trump plans to follow through on Canada, Mexico tariffs on Saturday
Caption: In her first-ever White House briefing, press secretary Karoline Leavitt said based on her conversation with U.S. President Donald Trump, his plan to slap 25 per cent tariffs on Canada on Feb.
Trump commerce pick says Canada, Mexico can avoid tariffs
President Donald Trump's commerce secretary nominee Howard Lutnick said at his U.S. Senate confirmation hearing on Wednesday (January 29) that Canada and Mexico can avoid looming tariffs if they act swiftly stop the flow of fentanyl into the U.
Trump set to implement tariffs on Canada and Mexico this weekend
U.S. President Donald Trump is poised to fulfill his commitment to impose tariffs on Canada and Mexico this coming Saturday, as confirmed by White House spokeswoman Karoline Leavitt on Tuesday.
Wisconsin businesses back Trump's China tariffs, but worry about tariffs on Mexico, Canada
The Trump administration could soon implement tariffs on China, Canada and Mexico, impacting the U.S. and Wisconsin's top three trade partners.
How China could retaliate against Trump's tariffs
China is President Donald Trump's prime target for a trade war — again. But China already put its boxing gloves on. In his ...
Trump just gave his clearest picture yet of what new tariffs could look like
President Donald Trump has been talking about tariffs for so long that it feels like we know exactly what’s coming. But we ...
Howard Lutnick, Trump Commerce secretary pick, says it's 'nonsense' that tariffs cause inflation
President Donald Trump’s nominee to lead the Commerce Department, Howard Lutnick, told senators the argument that tariffs ...
Mexico's Sheinbaum on tariffs: 'We don't think it's going to happen'
By Diego Oré MEXICO CITY (Reuters) -Mexico President Claudia Sheinbaum said on Wednesday she does not believe the United ...
What are tariffs and how do they work?
Tariffs are in the news at the moment. But what are they? Tariffs are typically charged as a percentage of the price a buyer ...
Mexico’s Sheinbaum Questions Whether U.S. Tariffs Will Really Be Imposed
We don’t think it’s going to happen really,” she said during her daily morning news conference on Wednesday, just days before ...
Oil prices settle down as US stockpile grows, tariffs still in focus
Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...
Taiwan says it may help industrial sector after Trump threatens tariffs on chips, semiconductors
Taiwan’s government will soon look at whether it needs to help its domestic industry over threats by President Donald Trump ...
Trump’s Tariffs Scramble Fed’s Interest Rate Calculus
Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for ...
Donald Trump pledges sweeping tariffs on steel, semiconductors and other imports
President Trump said in the "very near future" he will impose tariffs on steel, aluminum, copper, semiconductors, ...
How Will Tariffs Affect Your Investments?
A tariff is a tax imposed specifically on imported goods. The goal of tariffs is to stabilize prices or reduce imports to ...