U.S. stocks shot up Tuesday morning after multiple reports have indicated overseas trading partners are now rushing to negotiate with President Donald Trump over his “reciprocal” tariffs.
Read More U.S. Stocks Rise As Global Trade Partners Seek Tariff Talks With TrumpTag: steel
EU Caves To Trump, Calling For A ‘Zero-For-Zero’ Tariff Resolution: ‘We Stand Ready To Negotiate’
The European Union (EU) has seemingly conceded to President Donald Trump’s demands following his introduction of retaliatory tariffs — offering a “zero-for-zero” tariff resolution on all industrial goods.
Read More EU Caves To Trump, Calling For A ‘Zero-For-Zero’ Tariff Resolution: ‘We Stand Ready To Negotiate’Hyundai Announces $20B U.S. Investment, Including Louisiana Steel Plant, Amid Tariff Concerns
Car manufacturer Hyundai plans to invest $20 billion in the United States, including into a new steel plant in Louisiana, adding to the list of major foreign businesses set to move more of its operations to America in order to avoid tariffs.
Read More Hyundai Announces $20B U.S. Investment, Including Louisiana Steel Plant, Amid Tariff ConcernsCanadian Furniture Maker Closes B.C. Plant, Moves Operations To North Carolina Amid Trump Tariffs
Unifor, Canada’s largest private sector union, announced that Canadian furniture maker Prepac is closing down its manufacturing plant in Delta, British Columbia (B.C.), moving all production to its other manufacturing plant in North Carolina — which first opened in 2021.
Read More Canadian Furniture Maker Closes B.C. Plant, Moves Operations To North Carolina Amid Trump TariffsTrump Threatens 200% Tariff On European Wines And Champagnes Amid Escalating Trade Tensions
President Donald Trump on Thursday morning threatened to put a massive 200% tariff on wine and champagne that is shipped from Europe if the European Union (EU) does not remove a tariff on whisky.
Read More Trump Threatens 200% Tariff On European Wines And Champagnes Amid Escalating Trade TensionsTrump Highlights ‘Massive’ Trade Imbalance In Talks With Irish PM, Praises Strong Bilateral Ties
Irish Prime Minister Micheál Martin met with President Donald Trump on Wednesday for an annual St. Patrick’s Day celebration, leading Trump to discuss the “massive” trade imbalance between the two nations.
Read More Trump Highlights ‘Massive’ Trade Imbalance In Talks With Irish PM, Praises Strong Bilateral Ties