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President Trump unveiled sweeping tariffs that included actions on dozens of countries at very high levels.
China was among the hardest hit with a 54% tariff, which has since vowed to retaliate as did Canada and the European Union.
Mr. Trump has referred to his April 2 tariff announcement as "the big one ... there is no reason to set up shop in the U.S.," Grabow explained. "Part of the logic is premised on prices going ...
Since taking office just months ago, Trump has proven to be aggressive with tariff threats, all while creating a sense of whiplash through on-again, off-again trade actions. And it’s possible ...
DETROIT (AP) — President Donald Trump’s 25% tariffs on autos not made in the U.S. and certain auto parts are sending more tremors through an industry already being pummeled by steel and ...