An expert in the automotive industry says factories may shut down in days as costs skyrocket and President Trump disrupts decades of economic integration with steep tariffs.
Tag: Smoot-Hawley Tariff Act (1930)
When the U.S. Hit Canada With Steep Tariffs Before, Canada Had a Plan B
But economic, political and technological changes have left Canada with few ways to handle trade restrictions now.
Trump’s Vast Tariffs Would Rock Global Businesses and Shake Alliances
Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.
Trump’s Vast Tariffs Would Rock Global Businesses and Shake Alliances
Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.
What Across-the-Board Tariffs Could Mean for the Global Economy
Donald J. Trump, the Republican presidential nominee, has floated the idea of a 10 percent tariff on all U.S. imports, a plan that economists say could badly damage trade.