Trump Tariffs

Auto giants rally as China considers Nexperia chip export exemptions– www.cnbc.com

pgnewser November 5, 2025 0

Blurb:

Shares of Europe’s biggest carmakers rose Monday as fears over an industry shortage of semiconductors appeared to recede.

China on Saturday said it would consider some exemptions for Nexperia chip exports. It had previously blocked Nexperia semiconductors from leaving the country after the Dutch government seized control of Nexperia, owned by the Chinese company Wingtech.

The standoff between the Netherlands and China had prompted automotive groups to raise the alarm over a worsening chip shortage.

Trump Announces Canada Tariff Increase over Reagan Ad ‘Fraud’– gellerreport.com

pgnewser October 28, 2025 0

Blurb:

In a stunning act of political miscalculation, Canada aired a deceptive tariff ad featuring President Reagan to taunt Donald Trump — prompting Trump to retaliate by raising tariffs on Canadian goods. To call it “stupid” is far too generous; it was a reckless act of self-sabotage.

The person responsible for this misleading ad is Doug Ford; the premier of the province of Ontario. Ford thought that this attack ad would scare President Trump into retreating from his tariff policy. Ford was dead wrong. In response to this attack ad, President Trump has suspended trade negotiations with Canada, and has also increased tariff’s on Canada by an additional 10 percent. Doug Ford is a clown.

The Trump Tariffs Are Helping the GOP – RedState– redstate.com

pgnewser October 28, 2025 0

Blurb:

Recently, in an unprecedented move, Ontario’s provincial government intruded in American politics by trying to divide the Republican Party regarding tariff policy.  They did this knowing that there are two strands of GOP thought on tariffs: a pro-free trade belief, and a pro-tariff belief, which the Canadians hope to exploit in their ongoing trade battles with the U.S.

Which brings me neatly back to the issue of higher tariffs.  Once again, I am analyzing this as a political issue, and not as an economic one.

The historical GOP was a big fan of tariffs.  Abraham Lincoln brought them over from the “American System” of the Whig party, of which he was a prominent proponent.  In 1896, the GOP doubled down on them under William McKinley, whom President Trump has praised.

China state oil majors suspend Russian oil buys due to sanctions: Sources– www.channelnewsasia.com

pgnewser October 23, 2025 0

Blurb:

SINGAPORE: Chinese state oil majors have suspended purchases of seaborne Russian oil after the United States imposed sanctions on Rosneft and Lukoil, Moscow’s two biggest oil companies, multiple trade sources said on Thursday (Oct 23).

The move comes as refiners in India, the largest buyer of seaborne Russian oil, are set to sharply cut their crude imports from Moscow to comply with the US sanctions imposed over the Kremlin’s invasion of Ukraine.

A sharp drop in oil demand from Russia’s two largest customers will put a strain on Moscow’s oil revenues and force the world’s top importers to seek alternative supplies and push up global prices.

Trump Admin Urges World Bank, IMF to Crack Down on China Amid Trade War– slaynews.com

pgnewser October 22, 2025 0

Blurb:

As trade tensions between the United States and Communist China intensify, President Donald Trump’s administration has called on the International Monetary Fund (IMF) and World Bank to take a tougher stance against Beijing’s economic manipulation and preferential treatment within global financial institutions.

The move marks a new front in the U.S.–China standoff, shifting from tariffs to a broader confrontation over global trade rules and institutional influence, as both nations vie for dominance in the post-pandemic economy.

India, U.S. near trade deal with major tariff cuts, reduced Russian oil purchases– www.cnbc.com

pgnewser October 22, 2025 0

Blurb:

US President Donald Trump and Indian Prime Minister Narendra Modi arrive to hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025.

The U.S. could substantially slash tariffs on Indian exports as the two countries near a trade deal that could see New Delhi cutting oil purchases from Russia, Indian media outlet Mint reported Wednesday.

As part of the trade deal, Washington could slash tariffs on Indian exports to 15%-16% from the current 50%, Mint reported citing three unnamed sources aware of the matter.

Trump Signs Critical Minerals Agreement With Australia– legalinsurrection.com

pgnewser October 21, 2025 0

Blurb:

President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical minerals agreement to counter China, which is holding tight to its own rare earth metals.

According to Bloomberg, Australia “holds the world’s fourth-largest deposits of rare earths.”

With China trying to control the rare earths and critical minerals market, Australia hopes to become “a viable alternative” for countries.

Australia has these key elements:

  • Neodymium and praseodymium: needed for high-strength magnets for electric vehicles and wind turbines
  • Dysprosium and terbium: needed for magnets used in high temperatures
  • Lanthanum and cerium: used in catalytic converters and batteries
  • Europium and gadolinium: needed for phosphors used in screens and medical imaging
  • Samarium: used in high-temperature permanent magnets and lasers

 

China takes steps against US-linked units of S.Korea shipbuilder Hanwha – Reuters– news.google.com

pgnewser October 14, 2025 0

Blurb:

  1. China takes steps against US-linked units of S.Korea shipbuilder Hanwha  Reuters
  2. China targets five U.S. subsidiaries of South Korea’s Hanwha Ocean, sending shares down 8%  CNBC
  3. China Escalates US Trade Fight With Some Curbs on Shipping  Bloomberg.com
  4. Trump tariffs live updates: China hits back at Trump on shipping with curbs on US units of Hanwha Ocean  Yahoo Finance
  5. China probes US maritime investigation’s impact on shipping industry  Reuters

DJI fights U.S. government classification as ‘Chinese military company,’ appeals ruling– mashable.com

pgnewser October 14, 2025 0

Blurb:

DJI is continuing to fight the U.S. government’s classification of it as a “Chinese military company,” filing an appeal in its unsuccessful lawsuit against the Department of Defense (DoD, recently renamed the Department of War).

In a ruling against DJI last month, a U.S. district court allowed the DoD’s designation of the Chinese drone manufacturer as a “Chinese military company” to stand. Despite disagreeing with the DoD’s allegation that DJI is “indirectly owned by the Chinese Communist Party,” the judge determined that there is evidence that the company does contribute to the “Chinese defence industrial base,” as drones are of substantial use in military contexts.

Trump’s lowered 15% tariff on cars from Japan to take effect Tuesday– japantoday.com

pgnewser September 17, 2025 0

Trump’s lowered 15% tariff on cars from Japan to take effect Tuesday– japantoday.com
Source Link
Excerpt:

U.S. President Donald Trump’s lowered tariff of 15 percent on automobiles from Japan will take effect Tuesday, the Commerce Department said, about four months after his aggressive trade agenda started damaging the industrial backbone of one of Washington’s key allies.

The department announced the timing of the adjustment on Monday. The U.S. tariff rate for foreign-origin cars rose to 27.5 percent after Trump imposed in April an additional auto tariff on national security grounds, squeezing the margins of Japanese automakers and other manufacturers.

The reduced tariff is part of a trade deal the Trump administration struck on July 22 with Japan, which in return has committed to investing heavily in the United States and increasing imports of American agricultural products during the president’s nonconsecutive second term.

Trump signed an executive order on Sept. 4 formally implementing the trade agreement, which also granted Japan special treatment on what he calls “reciprocal” tariffs.

The department’s notice to be published Tuesday said that as agreed by the two countries, Trump’s additional 25 percent tariff imposed in May on major auto parts, including engines and transmissions, will also be cut to 15 percent for those coming from Japan.

House of Representatives | Definition, History, & Facts | Britannica

House GOP leaders move to extend block on tariff termination votes– www.politico.com

pgnewser September 16, 2025 0

House of Representatives | Definition, History, & Facts | Britannica

House GOP leaders move to extend block on tariff termination votes– www.politico.com
Source Link
Excerpt:

House Republican leaders are moving to again head off votes trying to cancel much of President Donald Trump’s sweeping tariff regime.

A procedural measure Republicans on the Rules Committee advanced Monday night would extend until March 31 a block on efforts by Democrats and several Republicans to end the national emergencies underlying Trump’s sweeping tariffs — including on Mexico, Canada, Brazil and his “liberation day” levies from April.

It would also block “resolutions of inquiry,” measures that can be used by the House to compel the release of information from the executive branch.

The House is set to vote Tuesday on the measure, which also tees up several D.C. crime- and governance-related bills for floor debate.

GOP leaders have struggled to keep their ranks in line on tariff-related votes. On Monday, their bid to strangle a Democratic-led effort to end Trump’s Brazil levies succeeded only narrowly, 200-198.