US EditionTrinity University professor calls President Donald Trump’s tariff implementation ‘economic malpractice’
- U.S. President Donald Trump announced new 25% tariffs on cars from overseas, stating, "We will defend our workers, we will defend our companies, we will defend our country and we will defend it together."
- The announcement faced backlash from EU officials and Canadian Prime Minister Mark Carney, who called it a "direct attack" on Canadian workers.
- Taiwan's Finance Minister Chuang Tsui-yun stated that Taiwan would assist affected industries as they clarify the details of the tariffs on auto-related exports.
- European Commission President Ursula von der Leyen described the tariffs as "bad for businesses, worse for consumers.
22 Articles
22 Articles
Trinity University professor calls President Donald Trump’s tariff implementation ‘economic malpractice’
U.S. President Donald Trump recently announced a 25% tariff on imported cars and certain auto parts from other countries. A tariff is like a tax but specifically on goods imported from another country. The added tax is expected to be collected on April 3 but no later than May 3.Trinity University Economics Professor Dr. David Macpherson refers to the current implementation of tariffs as “economic malpractice.”“The last time we had this amount of…
Trump slaps 25% tariffs on imported cars, sparking global fallout
Major U.S. trading partners are reeling from Donald Trump's latest trade move—a 25% tariff on imported vehicles set to take effect on April 3. Critics warn that the policy will drive up car prices for consumers, but in a surprising political shift, Trump
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