America First: Trump declares tariff war on other countries
WASHINGTON: US President Donald Trump declared tariff war by promising to impose taxes on foreign countries to boost US revenue. He vowed to avoid extra taxes on Americans. Trump also announced plans to “take back” the Panama Canal but gave no details during his inaugural address as the 47th president.
US-China EV trade war threatens Biden’s clean-car agenda
DETROIT (Reuters) – The Biden administration’s plan to impose heavy new tariffs on Chinese electric vehicles (EVs) and batteries aims to protect U.S. auto jobs but may hinder efforts to accelerate the adoption of EVs in the United States, impacting climate change initiatives. Immediate Impact on Consumers Currently, few Chinese-made