An escalating trade fight between the United States and Canada could drive up prices for Michigan consumers, disrupt the state’s auto industry, and weaken North America’s ability to compete with China, Detroit Regional Chamber President and CEO Sandy Baruah said Wednesday.
Michigan businesses are watching the escalating trade fight between the United States and Canada as new tariffs take effect and President Donald Trump threatens additional increases.
Trump is expected to pay a visit to the GM Proving Ground in Milford, one of the nation’s most expansive testing sites for new vehicle models.
Canada is easing trade tensions with the United States, announcing Friday it will lift most of its retaliatory tariffs on American goods.
The impact of President Donald Trump’s tariffs will soon be felt by many. As of June 4, U.S. tariffs on steel and aluminum have doubled to 50%. While some praise the action, others worry about its impact on household budgets.
Canadian traffic at the border crossing in Port Huron has dropped sharply as mounting trade tensions and tariffs drive away visitors who once filled local restaurants and shops.
While UAW President Shawn Fain has long criticized President Donald Trump, he does support some of the administration’s tariff actions.
President Donald Trump’s latest tariff on Chinese products may impact the most American holiday of all, the Fourth of July.
The temporary layoffs will impact workers at the Warren and Sterling Heights stamping plants.
President Donald Trump says his tariff announcements slated for Wednesday will amount to a “Liberation Day” for the United States.
A longtime ally of the U.S. is now on defense after the Trump administration threatened tariffs before hitting the pause button. In Ontario, Canada, some Windsorites say the pause offers some sort of relief.
The recent decision to pause tariffs on trade with Mexico for a month has given the auto industry some breathing room, but uncertainty still looms over both short and long-term impacts.
A new wave of tariffs imposed by President Donald Trump will officially go into effect at midnight, raising costs on a range of imported goods.
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Its the latest development in a new trade feud sparked by President Donald Trumps decision to reimpose aluminum duties on the U.S. ally. Trade groups believe the decision to reimpose the aluminum duties puts Michigan manufacturing at a disadvantage. Trump announced hes renewing tariffs on imported metal -- 10% on aluminum and 25% on steel. The decision has riled trade groups including those that represent major automakers who warned the White House the move would put American manufacturing at a disadvantage. Kildee disagreesThats not a policy, Kildee said.
