Trump, tariff
Digest more
Japan, trade agreement
Digest more
Commerce Secretary Howard Lutnick reminded us of an important but little-discussed part of trade negotiations with Canada and Mexico -- "virtually 75%" of trade between the U.S. and its two neighbors is "already tariff free" because of the USMCA agreement.
President Trump has threatened to increase Mexico’s tariff rate to 30 percent starting Aug. 1, claiming the country hasn’t sufficiently tackled drug cartels.
President Donald Trump announced new trade deals with Japan and the Philippines this week, bringing the total number of deals to five. However, several major trading partners still haven’t reached trade agreements with the U.S. ahead of the Aug. 1 deadlines.
President Donald Trump's confused messaging depresses business and consumer confidence, slows growth and imposes recession risks.
The action came after the Commerce Department ended a six-year agreement favored by U.S. distributors and importers.
Recent news of Mexico's decision to levy tariffs on textile and apparel products-and institute new restrictions on its Manufacturing, Maquiladora and Export Services Industry (IMMEX) program-have ...