US EditionCustoms Duties: Behind Donald Trump's Threats, Real Damage to the Economy
13 Articles
13 Articles
So far, the customs dispute has probably brought the US government some $47 billion of additional revenue, which is also due to the fact that most states have been holding back on countermeasures so far.
One American city, more than any other, is at risk of suffering from the 35% tariff that Donald Trump wants to impose on Canada.
What game is Donald Trump playing at? Are you really convinced that you can relaunch the American industry by suffocating imports? Do you just want to cash in to cover the huge extra deficit created by the "Big Beautiful Bill"? Or are you just raising your mail to force Europe and other countries to treat quickly, from positions of weakness? From the outside, the strategy of letters sent in recent days to trading partners to threaten them with m…
The booty of tariffs to finance at least part of the tax cuts. But the risk of boomerang on consumption and US companies is high
If customs duties of 30 % on the European Union do not appear credible, even a 16 % increase, compared with 3 % at present, would be painful, especially in the car industry.
The new customs duties pose serious problems for car brands. Volvo does not hide: the new ES90s and EX90s are under pressure. Their profitability could even be affected by the current geopolitical situation. Read more The new electric Volvo victims of the war on tariffs appeared first on Automobile Clean.
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