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China is cutting tariffs on vehicles from the U.S. and other countries after President Trump railed against the imbalance in trade tariffs. The cuts could help German automakers as well as Tesla.
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The Trump administration had faced a midnight deadline to suspend or impose tariffs on imported steel and aluminum from a number of friendly countries.
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The steel and aluminum tariffs are based on the idea that these homegrown industries are critical for national security purposes. But global supply chains make it tough for the U.S. to go it alone.
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The administration's plan to impose a 25 percent tariff on steel imports and 10 percent on aluminum has been met by near universal criticism from around the globe.
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Ohio's two U.S. Senators say President Trump's plan to impose tariffs on aluminum and steel imports is broader than they would prefer. Republican Rob…
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U.S. steel producers have seen their market share erode since China began ramping up production. President Trump sees tariffs on imports as a way to protect domestic producers.
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Senior congressional leaders are urging President Trump to reverse his decision to levy tariffs on steel and aluminum imports.
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President Trump is embracing the potential for a trade war after announcing his intent to place tariffs on imported steel and aluminum. The president…
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Michigan-based Whirlpool says it is adding 200 jobs at it's plant in Clyde, Ohio. The move follows President Trump's decision this week to place tariffs…