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President Donald Trump threatened new tariffs on goods from the European Union in retaliation for a $1 billion fine of Google.
Imports from 60 trading partners will be subject to either a 10% or 12.5% tariff, effective Friday, the same day Section 122 levies will expire.
President Trump is proceeding with new tariffs on dozens of trading partners just as the clock runs out on stopgap levies he imposed after a Supreme Court loss.
More climbs for oil prices have come after the continued attacks between the U.S. and Iran. Brent crude, the international standard, rose 3.3% to $94 a barrel.
This week in Borderlands Mexico: Port of Brownsville completes $295M ship channel project; Palmer Holland expands into Mexico; and TexAmericas Center in line for proposed $500M battery-materials project. The post Borderlands Mexico: Port of Brownsville completes $295M ship channel deepening project
FedEx reported profit that beat Wall Street’s expectations as the courier navigated tumultuous trade policies and rising costs that have buffeted its business.
President Trump is happy with Canada’s arrangement to allow a capped number of Chinese EVs to be imported at a low tariff rate, Prime Minister Mark Carney said.
Brent crude, the international standard, fell 5.1% to settle at $78.96, down sharply from its $100-plus level of a few weeks ago.
The White House’s investigation, frequently used as a precurser to tariffs, will evaluate the country’s intellectual property acts, policies and practices.
U.S. tariffs pushed by President Donald Trump and supply chain disruptions are eroding Mexico’s gains as a manufacturing hub.
Brent crude, the international standard, rose 1.4% to $110.80per barrel.
This week in Borderlands Mexico: Cross-border trade tops $84B in March as USMCA talks heat up; United Foods International opens facility in Phoenix; and Chinese manufacturer to open electronics factory in Torreón. The post Borderlands Mexico: Cross-border trade tops $84B in March as USMCA talks heat