When I returned to Windsor, Ontario, the day before President Trump was set to impose potentially devastating tariffs on exports from Canada, fear was the city’s prevailing mood. A week later, following Mr. Trump’s suspension of a 25 percent tariff on most exports and 10 percent on oil, the mood has shifted more toward anger … Read more
President Trump announced sweeping tariffs on foreign steel and aluminum on Monday, re-upping a policy from his first term that pleased domestic metal makers but hurt other American industries and ignited trade wars on multiple fronts. The president signed two official proclamations that would impose a 25 percent tariff on steel and aluminum from all … Read more
The largest refinery in the Midwest will have an unpalatable choice if President Trump imposes tariffs on Canadian oil: Pay more for the crude that it transforms into gasoline and diesel, or slash production. Both options threaten to increase prices at the pump, albeit modestly if Mr. Trump sticks with the 10 percent rate he … Read more
Nations targeted by President Trump’s tariffs on steel and aluminum decried the measures as unfair Tuesday and threatened to retaliate in a growing trade dispute that threatens to further roil economic markets and strain the United States’ relations with major allies. Prime Minister Justin Trudeau of Canada, the United States’ biggest supplier of both metals, … Read more
Ford Motor could be forced to lay off employees if the Trump administration ends subsidies and other financial support for electric vehicle manufacturing, the company’s chief executive said on Tuesday. Ford has invested heavily in factories to produce batteries and electric vehicles in Ohio, Michigan, Kentucky and Tennessee, Jim Farley, the Ford chief executive, said … Read more