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President Trump Sends Tariff Letters to Canada, Mexico and the EU
President Trump issued more tariff letters late last week, warning major U.S. trading partners of the tariffs that will go into effect if negotiations do not lead to agreements by Aug. 1. Tariffs on Canadian imports will be assessed at 35%, while Mexican and European Union imports will see new tariffs of 30%. Canada: The …
President Trump Sends More Country Tariff Letters, Signals Section 232 Tariffs
President Trump signed more individual country letters this week, following his extension to Aug. 1 of the pause on “reciprocal” tariffs over 10%. A quick recap: The president had delayed tariffs on individual countries, which had been announced on April 2, until July 9. He imposed a flat 10% tariff until then on all countries …
Port Operators Ask for Delay of Tariffs on Port Equipment
Operators of U.S. ports say that the Trump administration’s proposed tariffs on port equipment would add tens of millions of dollars in costs to much-needed upgrades (
DOE: U.S. Must Build Out Power Generation Capabilities—or Lose AI Race
The U.S. will lose the race for leadership in artificial intelligence unless it ramps up baseload power generation, the Energy Department said in a report issued Monday (
