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GM and other US automakers would take big hit from Trump tariffs

Trump’s tariffs could raise SUV and pickup truck prices for U.S. consumers Tariffs seen by some analysts as negotiating tactic linked to immigration and drug issues Mexican President Sheinbaum warns tariffs could worsen inflation, kill jobs By Cassandra Garrison, David Shepardson, Ben Klayman MEXICO CITY/DETROIT, – U.S. President-elect Donald Trump’s plan to slap a 25% […]

Global Markets Rattled After Trump Tariffs Threat

Global markets were jolted Tuesday after President-elect Donald Trump said he would impose extra tariffs on products entering the U.S. from China, Canada and Mexico. On Monday, Trump announced in two posts on his social media platform Truth Social that he would impose an additional 10 percent tariff on products from China entering America, and […]

Why Trump’s Tariffs Matter

Conservative economist Oren Cass, the founder of the increasingly influential think tank American Compass, argues that tariffs are a price correction to incentivize domestic production. “The way we have to understand tariffs is as a recognition that making things does matter,” he explains. Conservative economist Oren Cass, the founder of the increasingly influential think tank […]

The Case for Trump’s Tariffs

U.S. President-elect Donald Trump has called tariffs “the most beautiful word in the dictionary.” That is not how other world leaders and CEOs see it. If Trump follows through on his proposal to impose 60 percent tariffs on China and 20 percent on other countries, the potential for disruption and chaos is significant. But beyond […]

Ranked: The World’s 30 Largest Exporters

Ranked: The World’s 30 Largest Exporters This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. As protectionism continues to rise around the world, global trade flows are adapting. Despite facing a wave of tariffs, China’s goods […]

Trump chooses billionaire and key transition advisor Howard Lutnick for commerce secretary

Washington, President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he’d have a key role in carrying out Trump’s plans to raise and enforce tariffs. Lutnick is a co-chair of Trump’s transition team, along with […]