• Trump's looming auto trade battle is staggeringly pointless - but there's a good chance he'll win it

    4 monthes ago - By Business Insider

    Trump has drawn the auto industry into a trade war that it doesn't want.
    In the past, Detroit has been willing to deal with Trump, but now it finds itself in an awkward position.
    The best outcome might be for Trump to win his trade war and declare victory, while essentially nothing changes for the car business.
    A few months after Donald Trump was elected President in 2016, I was at the Detroit Auto Show, and I gauged the car business' reaction to the man.
    The big three - Ford, GM, and FCA - were delighted; the foreign brands were confused.
    In short order, the Detroit automakers launched an...
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  • Trump's trade war is getting serious - here's why it started, what it means for the US economy, and how it could hit you

    Trump's trade war is getting serious - here's why it started, what it means for the US economy, and how it could hit you

    4 monthes ago - By Business Insider

    President Donald Trump has been on a nearly six-month long tariff spree, kicking off trade wars with several countries.
    Trump has placed tariffs on everything from steel to chicken incubators.
    Trading partners including China, Canada, the European Union, and Mexico have hit the US with retaliatory tariffs.
    Here's a breakdown of how we got here and what the tariffs mean for the economy.
    President Donald Trump declared on March 2 via Twitter: "When a country is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to...
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