Tag: Trade

USA

Trump’s Tariffs Could Deal a Blow to Mexico’s Car Factories

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Trump’s Tariffs Could Deal a Blow to Mexico’s Car Factories

The Trump administration’s proposed tariffs on imported cars and auto parts could have a significant impact on Mexico’s car industry. This is because Mexico is a major exporter of cars and auto parts to the United States. In 2017, Mexico exported over $100 billion worth of cars and auto parts to the United States. If the Trump administration’s tariffs are implemented, it could make Mexican cars and auto parts more expensive for U.S. consumers. This could lead to a decrease in demand for Mexican cars and auto parts, which could in turn lead to job losses in Mexico’s car industry.

USA

Trump’s Win Shows Limits of Biden’s Industrial Policy

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Trump’s surprising victory in the Wisconsin presidential election exposes industrial policy’s severe boundaries. Insisting on jobs can benefit a candidate’s appeal to voters, but it falls short of guaranteeing electoral victories. Broader economic concerns, such as the pace of the recovery, may take precedence over policies aimed at specific sectors. The election also underscores the challenge of promoting industrial policy in a highly globalized economy, with manufacturing subject to complex global supply chains. Trump successfully tapped into voters’ dissatisfaction with economic globalization and their concerns about job losses, but the efficacy of his industrial policy remains an open question.

USA

With Trump Tariffs Looming, Businesses Try to ‘Run From a Moving Target’

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U.S. businesses are scrambling to adjust to the Trump administration’s tariffs, which are set to take effect in just days. The tariffs, which target $200 billion worth of Chinese goods, have created uncertainty for companies that rely on imports from China. Some companies are trying to find alternative suppliers, while others are raising prices to offset the cost of the tariffs. The tariffs are also having a ripple effect on the global economy, as other countries are retaliating with tariffs of their own.

USA

The Other Trump Trade That Worries Markets

Posted on by itoffice2.com@gmail.com

In the midst of the US-China trade standoff, another looming threat worries investors: the little-discussed US-South Korea trade imbalance. The asymmetry has grown significantly since the early 2000s and continues to widen, despite the Trump administration’s efforts to address it. Unless resolved, this trade spat could lead to protectionist measures, tariff increases, and further market volatility. As the geopolitical landscape remains fraught with uncertainty, investors should keep a watchful eye on this underreported trade dynamic.