US waives tariffs on Japanese aluminum for Tesla battery cells

Tesla will be purchased: Scott Galloway NYU Stern Professor Scott Galloway on concerns over the outlook for Tesla and Facebook’s plans for a cryptocurrency. WASHINGTON (Reuters) – The U.S. Commerce Department has agreed to Tesla Inc's request to waive 10 percent tariffs on imported aluminum from Japan used in the manufacture of battery cells at Tesla's Nevada Gigafactory, government documents […]

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China reportedly holds backdoor talks with tech companies ahead of G20 meeting with US

The Chinese government reportedly met with several top American technology companies that it urged to not cooperate with President Donald Trump’s ban on American technology sales to the country. The New York Times reported that the meeting was held with companies the country had labeled “unreliable” as a response to Trump’s blacklist of Chinese technology giant Huawei. News of the […]

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Trump, who has repeatedly misstated who pays tariffs, says senators 'have no idea what they're talking about' when it comes to tariffs

President Donald Trump said Thursday that most senators have “absolutely no idea what they’re talking about” when it comes to tariffs, despite Trump spreading misinformation about who will shoulder the cost. Trump is currently facing strong backlash from members of his own party in the US Senate over his threats to levy a 5% tariff on Mexico beginning on June […]

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Trump's Mexico tariffs could raise US car prices by more than $1K

Trump: Mexico you know wants to make a deal President Trump on talks with Mexico and the potential tariffs. As the White House weighs imposing 5 percent tariffs on imports from Mexico, experts are warning consumers to brace for higher car prices, a lot higher. Continue Reading Below While tariffs would start at 5 percent, the president has said they could […]

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RBC: Mexico and China Tariffs Could Send Markets Down 10% Or More

This article was originally published on ETFTrends.com. In an escalated trade war with China and now Mexico, U.S. equities may fall 10% from their recent highs, Lori Calvasina of RBC Capital Markets, the firm’s head of U.S. equity strategy, said in a note to clients Monday. “The potential for tariffs on Mexico make it even more likely that the S&P 500 will […]

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China Raises Tariffs On $60 Billion Worth Of U.S. Goods

Shrugging off a warning from U.S. President Donald Trump, China has announced plans to raise tariffs on $60 billion worth of U.S. goods. The move by China comes in retaliation to Trump’s recent decision to raise tariffs on approximately $200 billion worth of Chinese goods to 25 percent from 10 percent. China said increased tariffs on a total of 5,140 […]

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