Quotes
This is something he believes strongly in, and it’s very simple logic as to why the President wants to impose reciprocal tariffs.”
Leavitt echoed Trump’s message on Wednesday, saying Tariffs on building materials raise the cost of housing, and consumers end up paying for the tariffs in the form of higher home prices,
the NAHB warned on its website Many products exported by the US are made using imported raw materials. Tariffs would make the imports more expensive, which in turn would push up the prices of US exports, weakening the competitiveness of US products in global markets,
However, these new measures — like the tariffs introduced by the first Trump administration — are neither well-founded nor do they do any good for the US,
said Yao Yang, director of the China Center for Economic Research at Peking University We're not looking to go ahead of the United States,
Finance Minister Dominic LeBlanc said Wednesday during a visit to Washington I'll have second thoughts about that
he told AFP on the warehouse floor of North York Iron, a family-owned steel distribution business in Toronto started by his great-uncle more than 60 years ago It's going to be very disruptive,
The burden will be felt almost immediately because the US does not have the domestic capacity to be able to support its entire needs,
They're like brothers to us,
he said of US steel firms Mexico made a ton of sense six months ago,
said the CEO of Husco, a producer of hydraulic components used in automotive and off-road equipment like bulldozers But that hasn’t materialized at retail yet,
Most of these companies have a pretty good order backlog,
We’ve seen how things can change, ... so it’s really debilitating to make a decision."
There are (iPhone) components that are manufactured in South Korea, these components are shipped from South Korea to China, where the stuff is assembled,
The dollar is at the top of the pile,
said Elvire Fabry, a senior researcher in trade geopolitics at the Jacques Delors Institute, in Brussels If the United States can't export more American car brands, it's because they don't suit European consumption, ... where smaller
Politicians are obsessed with the material nature of physical goods,
said Niclas Poitiers, a research fellow at Brussels' think tank Bruegel We have deficits with almost every country -- not every country, but almost -- and we're going to change it,
Trump vowed at the beginning of February, while announcing he would imposed fresh tariffs on Canada, Mexico and China Bilateral trade deficits are not really meaningful,
said Poitiers, taking the example of the way iPhones are manufactured There is nothing so international and so ambitious in scope,
he said, as Pillar Two's underfunded profits rule, and there was a big gap between the Biden administration and Congress on the issue, with Biden's team more or less accepting the premise of the tax policy
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