Jennifer A. Dlouhy

One recent study found that tariffs on Canada, Mexico, and China would raise the cost to produce a crossover vehicle by about $4,000, while a U.S.-made EV would jump by about $12,000.

The EU’s countermeasures will apply to U.S. goods exports worth up to €26 billion (US$28.4 billion)—matching the economic scope of the U.S. tariffs.

He downplayed the risk that he might cause a recession through the shifting and unpredictable nature of the current, on-again, off-again trade war.

Trump delays by another month his tariffs on all Canadian and Mexican goods covered by the USMCA.

Targeted countries vow to hit back, and analysts predict “a significant supply shock” to the U.S. economy resulting in 1.2% lower GDP and 0.7% higher inflation.

He expects companies to take immediate action to improve capacity as soaring gas prices fuel record inflation.

Solar installers argue that the climate change benefits of solar power generation should be considered alongside any unfair trade practices of Chinese solar manufacturers. Experts think success with this argument would inevitably "open the door to a thousand other requests."