Markets continue to downplay the threat of new tariffs on U.S. imports, potentially reading the decision not to nominate Lighthizer, known as a hardline protectionist, as evidence that the threat of tariffs will be used as a negotiating tool rather than as permanent administration policy.

Donald Trump looks set to reignite his tariff war with China when he returns to the White House. But a different and friendlier region will become collateral damage. Europe may well be faced with its own Trump tariffs but it’s those aimed at Beijing that could be more detrimental for the region.

General Motors, Ford and Stellantis shares slid Tuesday after President-elect Trump threatened 25% tariffs on all imports from Canada and Mexico. The move by the new administration would likely stop American car demand in its tracks,

Michael Silver is CEO of the advanced materials manufacturer American Elements. Presidential candidate Donald Trump called tariffs “the most beautiful word in the dictionary.” Now incoming president Trump says he’s planning 10% tariffs on Chinese goods on day one of his new administration.

Since Trump began hiking tariffs on China in 2018, the average effective tariff rate on Chinese imports has jumped from around 3% to roughly 11%, according to Trade Partnership Wo