U.S. raises tariffs significantly on EVs, other goods from China

The U.S. plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment — an election-year move that’s likely to increase friction between the world’s two largest economies. The tariffs are unlikely to have much of an inflationary impact because of how they’re structured. Administration officials said they … Read more

U.S. ‘beginning’ internal discussions about renewing North American trade pact

For anyone with lingering night terrors from the last renegotiation of NAFTA, the notion of reopening the pact might evoke the trailer for a classic horror movie sequel: It’s baaaaa-aaaack.  But this time is different, says the U.S. envoy to Canada. In an interview with CBC News, Ambassador David Cohen said officials in his country have … Read more