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#imports

10 messages9 participants1 message aujourd’hui
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Nonilex

#Trump: "We'll be dealing with them [#EU]. We are dealing with them currently, so that'll cover, pretty much the rest of it. But this [#UK deal] was separate, because of #Brexit in particular, you know, this was a separate, a separate deal."

Earlier, the #EuropeanCommission proposed countermeasures on up to 95 billion euros ($107.2 billion) of US #imports if negotiations w/Washington fail to remove the series of #tariffs applied by Trump.

#economy#trade#inflation
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Nonilex

Following weeks of pushback from the #auto industry, #Trump softened his #tariffs on foreign auto parts #imports to give #carmakers credits for what is produced in the #UnitedStates & to avoid #DoubleTariffs on raw materials used in auto production. However, the White House has not rescinded a 25% #tariff on the 8 million vehicles the US imports annually.

Analysts have said US auto #sales could drop by >1 million vehicles a year if tariffs remain in place.

#economy#inflation#recession
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beSpacific

As of 12:01 am ET today, most #auto part #imports will come with a 25% import tax. Not a single one of the 10 million #cars turned out by US plants last year was built without some imported parts. The #tariffs on parts will mean tens of billions of #dollars in new #costs to American #car buyers and owners. cnn.com/2025/05/03/business/au #economy #inflation #recession #transportation

CNN · Another round of auto tariffs just went into effect. They could change the industry foreverPar Chris Isidore
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Alo Japan

alojapan.com/1259391/japan-sto Japan Stocks Rise on Tariff Calm, Toyota Surges on Buyout Report #AkioToyoda #CSuite #DonaldJohnTrump #imports #Japan #JapanNews #JapaneseYenSpot #markets #news #NIKKEI225 #stocks #TOYOTAINDUSTRIESCORP #ToyotaMotorCorp Japan’s shares rose to levels not seen since before Donald Trump’s so-called reciprocal tariff announcement, as progress in trade talks and a slightly weaker yen fueled risk appetite. Gains in Toyota Motor Corp. and its group c…

Japan Stocks Rise on Tariff Calm, Toyota Surges on Buyout Report
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