Trump looking at tariff exemptions ‘to help some of the car companies’
- President Donald Trump suggested he might temporarily exempt the auto industry from tariffs to allow carmakers time to adjust their supply chains.
- Trump's hints at tariff reversals have raised concerns among Wall Street economists about a possible recession due to his import taxes.
- Carl Tannenbaum, chief economist for Northern Trust, warned that damage to consumer, business, and market confidence may be irreversible.
- During a White House meeting, Trump claimed that China and Vietnam were conspiring against the U.S. on economic matters.
377 Articles
377 Articles
U.S. President Donald Trump suggested that he could temporarily exempt the automotive industry from the tariffs he imposed on the industry, to give manufacturers time to adjust their supply chains.
Trump administration tariffs could impact RI electric vehicle adoption, sustainability goals
Rhode Island has previously set objectives to stop sales of gas-fueled cars by 2035 and shared goals to reach net-zero carbon emissions by 2050. But with the Trump administration's recent swath of tariffs, these goals may now be under threat.Several environmental experts told The Herald that the tariffs will raise the costs of electric vehicles, leading to decreased demand and impacting the state's emission goals.Transportation makes up 36.6% of…
If the president of the United States is ready for his parish, he has to wonder about the reasons for an invasion of foreign and, of course, Asian brands.
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