Trump: We are going to put a 25% tariff on every car from the European Union

Editor’s note. The latest on potential auto tariffs.  President Donald Trump said Tuesday night that the U.S. would slap a 25 percent tariff on cars coming from the European Union [Mike Calia | August 21, 2018 | MSN] The president’s statement came hours after The Wall Street Journal reported that Commerce Secretary Wilbur Ross said he had postponed an August timeline to publish…

Details

Senator Wants to Give Customers a $3,500 Discount for Buying American-Made Vehicles

Editor’s note. This is an interesting idea. Probably WTO illegal but worth it.  Sen. Sherrod Brown’s legislation also seeks to remove a tax incentive for offshoring auto jobs. [ ELIZABETH BROTHERTON-BUNCH |, AUGUST 21, 2018 | Alliance for American Manufacturing ] Earlier this summer, General Motors announced it is cutting a shift at its plant in Lordstown, Ohio,…

Details

CPA Op-ed: How a ‘strong dollar’ causes low ag prices and how to fix it

In recent months, President Donald Trump has imposed much-needed tariffs to address China’s 24-year trade war and commercial espionage campaign targeting America. Instead of changing course, China has imposed tariffs on fairly traded goods from the United States. While President Trump’s moves are aimed at helping U.S. manufacturers, we need additional strategies to help farmers…

Details