The Daily Chase: Trump tariffs still in the spotlight [BNN Bloomberg (Canada)]
Gold.com, Inc. (GOLD)
Last gold.com, inc. earnings: 2/12 07:00 am
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Source: BNN Bloomberg
Shares of U.S.-based automakers jumped yesterday after U.S. President Donald Trump suggested he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains. Trump announced a 25 per cent tariff on imported vehicles on March 27. Details of a tariff pause for the sector have not been announced. In other tariff-related news, Bloomberg is reporting that China has ordered its airlines not to take any further deliveries of Boeing jets as part of that country's trade war with the U.S. Honda mulls shifting auto production away from Canada & Mexico: Global automotive companies are considering steps to respond to the original U.S. tariff plan. Japan's Nikkei news service is reporting that Honda is considering switching some car production from Mexico and Canada to the United States , aiming for 90 per cent of cars sold in the country to be made locally. Honda declined to comment. The report says the company
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