Trump, tariff and the trade war
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steel, Trump
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President Donald Trump is using his love of tariffs to threaten high-profile American companies. Over the past month, Trump has said he’d like to target two specific and very different companies – Apple and Mattel – with tariffs aimed at their key products over comments by their CEOs.
2hon MSN
American manufacturers were among the first U.S. businesses to show damage from President Trump’s trade wars. And they are still showing lots of stress even after the White House relaxed most tariffs.
Pantry staples are in line for a hit from President Trump’s tariffs. Soup and snack giant Campbell’s said that it is navigating tariffs on three fronts: retaliatory tariffs on soup it ships to Canada,
The White House's efforts to foster an agreement between Russia and Ukraine are also expected to continue this week, with a direct meeting expected on Monday in Turkey.
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And that means President Donald Trump’s tariffs are top-of-mind. A $6,400 piece of odor control equipment was in transit from Canada when tariffs went into place, and the wastewater district paid a $1,550 tariff on it, Luers said.
The impact from U.S. President Donald Trump's plan to increase tariffs on steel and aluminium products is likely to be "minor" as India does not export steel to the U.S. "in a big way", federal steel minister HD Kumaraswamy said on Monday.
President Trump would invoke other tariff authorities if his appeal of a trade court's ruling isn't successful, Commerce Secretary Lutnick said.
The so-called TACO trade will be tested as markets wait to see if Trump will actually follow through with his latest threat or if he will put it on hold soon.