Tag: Trade

Border Backups Follow Trump’s Closure Threat

Far away from most American cities, and unbeknownst to most consumers, a transportation bottleneck is stemming the flow of goods from Mexico to the United States. Major border backups plagued Mexico-U.S. crossings this week, the result of threats made last week by President Donald Trump. While the president eventually backed off after suggesting the U.S. […]

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How Seriously Should We Take Trump’s Mexican Auto Tariff Threat?

<img data-attachment-id="1668584" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_486345745-1-e1554409497278.jpg" data-orig-size="2800,1886" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="mexico us border" data-image-description=" Chess Ocampo/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_486345745-1-450×303.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_486345745-1-610×411.jpg” class=”aligncenter size-large wp-image-1668584″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_486345745-1-610×411.jpg” alt width=”610″ height=”411″> On Thursday, President Donald Trump threatened to impose tariffs on cars entering the United States from Mexico if the nation doesn’t assist Washington in dealing with the migrant situation at its southern […]

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The Media’s Dumb Avocado Hysteria

America would run out of avocados in three weeks if President Donald Trump were to make good on his recent threat to close the border with Mexico. If you hadn’t heard that by now, congratulations. You successfully avoided the week’s biggest news story. It’s been a veritable guacamole-gate since Monday, when the president of the […]

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U.S. Trade Head to Meet With UAW This Week Over New Trade Deal

U.S. Trade Representative Robert Lighthizer will be in Michigan this week to meet with union leaders from United Auto Workers in a bit to gain their approval for the Trump administration’s new North American free trade deal. Lighthizer is scheduled to meet with union officials in Dearborn on Tuesday to answer questions about the United States-Mexico-Canada […]

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Trump to EU: Expect Auto Tariffs Without Trade Deal

Earlier this week, the European Union warned that if the United States imposes any new tariffs on European-built vehicles, it can expect similar levies on American products. However, armed with the Commerce Department’s confidential report on automotive imports, President Donald Trump doesn’t appear remotely interested in backing down. While Trump previously agreed not to impose additional […]

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Don’t Think We Won’t Fire Back, EU Warns U.S. After White House Receives Key Auto Import Report

The showdown between the European Union and United States over auto tariffs reminds this viewer of Charles Bronson and Henry Fonda in Once Upon a Time in the West, and with good reason. Both players appear ready to reach for their Colt Single Action Army in a bid to do maximum damage to the other. […]

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Ford Threatens to Pull Out of the United Kingdom

Ford Motor Company has reportedly informed British Prime Minister Theresa May of its tentative plan to move out of the United Kingdom. The automaker explained the situation to May during a private call with business leaders tasked with assessing how Brexit might impact the economy. Ford said it was already preparing to move its facilities — […]

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Trade War Watch: Congress Tries a New Tactic to Block Auto Tariffs

With the United States’ government shutdown now over, lawmakers have an opportunity to work together as promised. Interestingly, one of the first pieces of bipartisan legislation to emerge after the federal bureaucracy resumed operations involves a plan to severely limit presidential authority to impose tariffs for national security reasons. The Bicameral Congressional Trade Authority Act, […]

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Automakers Understandably Freaking Out Over ‘No Deal’ Brexit

With Britain’s parliament rejecting Prime Minister Theresa May’s latest Brexit deal, European automakers stand to face some strong headwinds in the near future. As of now, no clear path lies ahead. Many believe the European Union will continue playing hardball, punishing Britain for leaving. But, even if it doesn’t, loads of regulatory and trade issues must […]

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Rapide Attempts To Vanquish Brexit: Aston Martin Stockpiling Cars in Germany

Brits have now been grappling with their Brexit situation for what now seems like an interminable amount of time, with no shortage of digital ink and political hot air spilled about the subject. Looking past all the posturing, however, a disorderly departure from the EU could contain serious ramifications for companies making products in Britain, […]

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Trade War Watch: China to Temporarily Suspend U.S. Auto Tariffs

China announced Friday its intent to reduce tariffs on imports of American-made cars as it tries to negotiate a trade deal with the United States. As you’ll recall, the People’s Republic imposed additional punitive tariffs on U.S. cars and auto parts earlier this year after promising it would lower the trade barriers on a global […]

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The Art of the Underwhelming Deal

Nine months ago, President Donald Trump brushed off growing criticism of his escalating trade war with China and a host of traditional American allies. “When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with,” he tweeted, “trade wars are good, and easy to win.” In […]

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The Biggest Question Mark for the New Congress

The 116th Congress won’t begin for another month or so, but we already know the session’s most important vote. It won’t be about health care or the environment or the technology industry, although it will affect all of those things. It will set the course of U.S. policy, foreign and domestic, for several years, if […]

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Moral Holiday Shopping Is Harder Than You Think

Back in 2012, Julie Keith was pulling out decorations for a Halloween-themed birthday party in Damascus, Oregon, when a handwritten letter dropped out of the box containing a fake tomb stone kit. It read: “Sir, If you occassionally buy this product, please kindly send this letter to the World Human Right Organization. Thousands people here […]

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Europe Will Punch Back Against Any U.S. Car Tariff: EU Trade Commissioner

It’s been a trade-heavy week. Earlier, the White House decided to postpone any major tariff decisions following a discussion with the Commerce Department over a draft report on the impact of auto imports, giving trade representatives from the United States and European Union room to talk. Unfortunately, things don’t appear to have gone swimmingly. European Trade […]

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Trade War Watch: Trump Reportedly Delaying Auto Tariffs, Clock Still Ticking

The Trump administration was supposed to make an announcement Tuesday as to whether or not imported automobiles pose a national security risk, following discussions with trade representatives. While it wasn’t presumed that the White House would say anything truly definitive or hold a formal press conference on the issue, it was assumed that the president […]

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Trade War Watch: Were the Auto Tariffs Ever Supposed to Be More Than a Threat?

The U.S. Commerce Department has submitted draft recommendations to the White House on its investigation into whether it’s prudent to impose tariffs of up to 25 percent on imported automobiles and parts, based on the premise that they’re a threat to national security. The possibility has the industry in a tizzy, with both foreign and […]

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Trade War Watch: Ford Blames Trump for Sky-high Steel Prices

Ford Motor Co. is blaming Donald Trump’s commodity tariffs for elevating U.S. steel prices higher than any other market on the planet. Regardless of your opinion on the president’s policies (the economy is reportedly booming), it’s a little hard to rebuff Ford’s criticisms on this one. The automaker’s now going straight to the source in […]

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Amid Cross-border Feud, a Pricier Dodge Challenger Looks More Likely Than Ever

Man, if you live south of the 49th parallel, you missed quite a hubbub yesterday evening. Actually, Americans likely caught a whiff of it, as U.S. President Donald Trump’s lengthy post-UN press conference Wednesday covered a lot of topics, including the one that had Canucks up in arms. Up here in the Great White North, […]

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Trade War Watch: Canada Says It’ll Take Its Time Reaching a Deal; Japan’s Up for Talks

Canadian Prime Minister Justin Trudeau ignored mounting pressure from the United States to quickly agree to a new NAFTA deal on Wednesday. Trudeau indicated it was possible for the three nations to maintain a trilateral agreement, but noted his priorities would always align with what’s best for Canada. The nation now seems fine with ditching […]

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