Canada’s Carney Puts Tariffs on U.S.-Made Cars as Stellantis Plant Pauses Production

Prime Minister Mark Carney said that Canada had introduced a 25 percent tariff on cars and trucks made in the United States in retaliation for the tariffs that went into effect Thursday morning on Canadian vehicles. Hours before the tariffs imposed by President Trump took effect, the automaker Stellantis told the union representing about 3,600 … Read more

Trump Imposes Tariffs on Remote Islands

President Trump’s tariffs have spared almost no corner of the Earth. Even tiny, sparsely populated islands that export close to nothing. Among the countries and territories listed on sheets of paper that were distributed to reporters in the White House Rose Garden on Wednesday were Heard Island and McDonald Islands, Australian territories near Antarctica where … Read more

How Much Will Trump’s Tariffs Cost U.S. Importers?

Source: Trade Partnership Worldwide analysis of Census Bureau trade data Note: Figures are rounded and may not add up exactly to the total tally. The figures provided for China, Mexico and Canada are for the announced tariffs that target those countries specifically; they are also subject to tariffs on autos, steel and aluminum. The New … Read more

Trump’s Tariffs Hit Garment Makers in Bangladesh and Sri Lanka Hard

Through Covid, political chaos, and economic disarray, Sri Lanka and Bangladesh kept one industry central to their hopes of prosperity afloat: the manufacturing of ready-made garments, with the United States as their main market. Then came President Trump’s tariffs. The two countries are reeling after Sri Lanka was hit with 44 percent tariffs and Bangladesh … Read more

More Penguins Than People: Trump Imposes Tariffs on Remote Islands

President Trump’s tariffs have spared almost no corner of the Earth. Even tiny, sparsely populated islands that export close to nothing. Among the countries and territories listed on sheets of paper that were distributed to reporters in the White House Rose Garden on Wednesday were Heard Island and McDonald Islands, Australian territories near Antarctica where … Read more