Trump’s Tariffs

1 week ago | plus.econvue.com | Lyric Hale |Trump’s Tariffs

As a tidal wave of tariffs rolls in around the world, weak consumer confidence numbers have sparked fears of a coming recession, driven by fears of falling consumption. At least in the US however, this is not historically true. Americans are born and bred to consume, and paradoxically, anxiety only seems to increase their propensity to spend. The interplay between financial conditions and consumer behavior is complex.

2 weeks ago | forbes.com | Trump’s Tariffs |Rachel Wells

Tariffs were intended to protect the jobs of U.S. professionals, Americans were told. But the reality portrays a starkly different story: instead of protecting American jobs, tariffs might lead to repercussions which do the exact opposite. More than 5.6 million jobs could be at risk due to Trump’s latest economic policies, particularly the trade war with tariffs imposed on Canada and China, a recent story from the Washington Post reported.

2 weeks ago | forbes.com | Trump’s Tariffs |Jim Gorzelany

If there’s one thing that’s for certain about President Trump’s twisted labyrinth of international trade tariffs, it’s that U.S. consumers will pay more in the months ahead for a new car, truck or SUV. As it stands so far, a 25% tariff on all cars and light-duty trucks imported into the U.S., along with major components like engines, transmissions, powertrain parts and electrical components went into effect on April 2.

3 weeks ago | carscoops.com | Trump’s Tariffs |Brad Anderson |John Halas

The Tesla Model 3 Performance has 87.5% domestic content, positioning it above the Model Y. Other Tesla models to rank highly on the list include the Cybertruck, Model S, and Model X. However, Tesla still uses many Chinese parts for its EVs and could be hit by potential Trump tariffs.