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tariffs

Updated at 7:22 p.m. ET

President Trump tweeted that talks with Mexican officials would continue Thursday, raising hopes they may be able to reach an agreement to avert potentially crippling tariffs on Mexican imports.

The possibility of a deal comes amid great pressure from the Mexican government and top Republican leaders who warned of potentially disastrous consequences.

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Today on Stateside, Michigan bean farmers send a lot of exports to Mexico. So, what happens to those farmers if President Trump follows through on his threats to add tariffs to Mexican goods? Plus, we hear about a tricked out bicycle with accordion and percussion instruments that blends classical music and public art. 

Brent Hofacker / Adobe Stock

U.S. and Mexican officials are still trying to find a solution to avoid President Donald Trump’s threatened tariffs. Trump says a 5% tariff on all goods from Mexico is in retaliation for migrants crossing the border into the U.S.

Joe Cramer is the executive director of the Michigan Bean Commission. He says after the U.S., Mexico is the bean industry’s biggest trading partner.

Standing next to his mud-splattered red pickup in Central Arkansas, a tired Robert Stobaugh watches an osprey soar over a field of flooded rice. If anything can survive flooding, he says, it's rice.

"But even rice doesn't like this," he says, looking at the swamp of rust-brown water in front of him.

Bob Best enthusiastically supports President Trump's tough policies against China and other countries.

"I'm not a big tariff guy. I'm a free trade guy," says Best, who manages a heating and air conditioning company in Kennesaw, Ga.

"But sometimes when the bully just doesn't listen, you've got to punch him in the mouth. And that's what he's doing."

Trump Delays Auto Tariffs For 6 Months

May 17, 2019

Updated at 11:34 a.m. ET

The Trump administration will delay tariffs on cars and auto parts imports for six months while it negotiates trade deals with Japan and the European Union, the White House announced Friday.

Updated at 3 p.m. ET

The Trump administration has reached a deal to lift tariffs on steel and aluminum imports from Canada and Mexico, in a move that could put the three nations a step closer to ratifying the USMCA trade deal that would replace NAFTA.

The tariffs will be lifted within two days, according to a joint U.S.-Canada statement posted by Canada's foreign ministry.

steve carmody / Michigan Radio

Gov. Gretchen Whitmer is concerned that escalating tariffs on Chinese goods may end up hurting Michigan’s economy.

Whitmer worries that Michigan’s exporting industries could be affected.

“Our international trade policy needs to be thoughtful… Not capricious and punitive,” says Whitmer. “I’m very concerned about what it’s going to mean for Michiganders and our ability to strengthen our economy.”

Ben LaCross of Leelenau Fruit Company prunes young cherry trees.
MAX JOHNSTON / INTERLOCHEN PUBLIC RADIO

For the past decade, Americans have been buying tart cherries from Turkey for cheap. Tart cherry farmers in Michigan say that’s hurting their bottom line. Now they’re hoping a new bill in Washington will balance the scales.


steve carmody / Michigan Radio

Michigan’s auto industry is bracing for potential tariffs on imported auto parts.

The U.S. Commerce Department delivered a report on Sunday to the White House on the national security implications of imported vehicle and auto parts. The “Section 232” national security report could potentially create the grounds for the president to impose a 25% tariff on imported vehicles and auto parts.

Student using 3-D Printer
Rylie Kostreva / Michigan Tech

It's been a tense few months between the United States and many of its big trading partners. President Donald Trump's tariffs have targeted China, Canada, the European Union, and Mexico.

Those have, in many cases, triggered retaliatory tariffs, and American consumers are hearing: "we are going to wind up paying."

soybean harvest
United Soybean Board / FLICKR - http://bit.ly/1xMszCg

President Trump fired another salvo in the escalating trade war with a Tuesday morning tweet.

Midwestern farmers are finding themselves caught in the crosshairs of this trade war. That's especially true for soybean farmers.

Lester Graham / Michigan Radio

New tariffs are putting some Michigan newspapers and printers at risk of going out of business.

There’s more than a little irony in the fact that a state which built paper mills all over, no longer makes the kind of paper that newspapers use.

steel bars
Pixabay

 


On Friday, President Trump's first tariffs hit $34 billion worth of Chinese imports.

Beijing quickly responded with its own tariffs on equal amounts of American-made goods. Many believe that this back-and-forth between China and U.S. is the start of a trade war.

Imported steel and aluminum are one of the main targets of Trump’s latest tariffs. 

Dan Cooper is an assistant professor of mechanical engineering at the University of Michigan. He sat down with Stateside's Cynthia Canty to discuss why these tariffs would have minimal effect on the U.S. if the country did a better job recycling its scrap metal. 

Daniel Howes / Detroit News

By this time, the long-running auto boom was supposed to be coming to an end.

Quick, someone tell that to the truck and SUV buyers who powered the annual selling rate last month to 17.5 million vehicles. That’s according to a Morgan Stanley estimate. If that’s evidence of a slowdown, Detroit and its foreign-owned rivals would like more of the same, please.

My Buy Canadian page Beth Mouratidis / Facebook

Canadians are unhappy. 

President Trump's tariffs on Canadian-made steel and aluminum exported to the US has fired up many Canadian leaders and consumers.

On Sunday, Canada slapped tariffs on $12.63 billion dollars worth of American-made goods in retaliation.  There's been a growing movement among Canadian consumers to boycott US-made products and services. Hashtags like #IShopCanada, #BuyCanadian, and #BoycottUSA are taking off across social media in Canada. 

Daniel Howes / Detroit News

The automakers found their proverbial spines this week. After months of President Donald Trump’s haranguing about tariffs on finished vehicles and auto parts, the industry presented the country with a bill. Realizing the president’s protectionist dream would not come cheaply. The average cost of a vehicle would increase $5,800, says the Alliance of Automobile Manufacturers.

Sarah Hulett / Michigan Radio

General Motors is warning that President Trump’s threatened tariffs on car imports could shrink the company and cost U.S. jobs.

Auto Manufacturers
Fiat Chrysler Automobiles

 


Earlier this month, President Trump announced new tariffs on steel and aluminum imported from the European Union, Canada, and Mexico. 

American automakers have indicated that these tariffs could be detrimental to the industry, estimating that just under 200,000 jobs will be lost in the first one to three years. 

Daniel Howes is a business columnist with the Detroit News. He sat down with Stateside’s Lester Graham to discuss how automakers are confronting the Trump administration. 

Ambassador Bridge
J. Stephen Conn / FLICKR - HTTP://J.MP/1SPGCl0

 


Last week, Canada’s Minister of International Trade made an official visit to Detroit to meet with auto industry officials and other business leaders. 

Francois-Philippe Champagne sat down with Stateside to discuss the future of trade relations between the U.S. and Canada and the impact that relationship has on Michigan.

steve carmody / Michigan Radio

Economists are making dire predictions about the potential effect of a trade war on the domestic auto industry.

U.S. Secretary of State Mike Pompeo at the Detroit Economic Club.
U.S. State Department / via Twitter

The United States is taking a “really hard line on foreign practices that harm America,” U.S. Secretary of State Mike Pompeo told the Detroit Economic Club today.

An image of the highway sign for the bridge to Canada in Detroit
Ken Lund / Flickr - http://bit.ly/1xMszCg

Things got worse for trade between the U.S. and Canada as our neighbors to the north announced retaliatory tariffs in response to the Trump administration's tariffs on steel and aluminum from Canada and other U.S. allies.

President Trump is taking it personally, expressing his outrage and insulting Canadian Prime Minister Justin Trudeau on Twitter. 

A steel plant
Rebecca Williams / Michigan Radio

 


This week, President Donald Trump announced he will move ahead with tariffs on aluminum and steel imports, including imports from the European Union, Mexico, and Canada. Effective today, steel imports will be taxed at 25 percent and aluminum at 10 percent. 

So how will this affect the huge amount of automotive parts that go back and forth from plants in Ontario and Michigan?

Daniel Howes / Detroit News

President Trump says America needs tariffs on foreign-made cars and trucks to safeguard our “national security.”

Really? How many pickups do the Russians sell in the United States? Zero.

How many cars do the industrious North Koreans and Iranians ship here? Zero.

And how many Chinese-brand cars sit in U.S. showrooms? Essentially zero.

multicolored shipping containers in a ship yard with imported goods
Jan Buchholtz / Flickr - http://bit.ly/1xMszCg

President Trump is considering tariffs on imported cars, trucks, and parts.

That word came after a Wednesday morning tweet from the president, promising "big news coming soon for our great American Autoworkers."

USDAgov / CREATIVE COMMONS - HTTP://MICHRAD.IO/1LXRDJM

The U.S. Senate is taking up net neutrality today. A bill that would protect net neutrality rules from repeal by the Federal Communications Commission passed a procedural hurdle earlier this afternoon.

These Obama-era rules prevented internet service providers like Verizon and Comcast, for example, from speeding up or slowing down traffic from certain apps and websites. Barring changes made by Congress and signed by the President, the FCC's repeal of these rules is set to go into effect on June 11.

Trump delivers a speech at a CPAC conference. Auto supply CEO claims his tariffs are hurting American companies
Michael Vadon / FLICKR - HTTP//J.MP/1SPGCL0

President Trump's steel and aluminum tariffs continue to worry Michigan companies, particularly companies whose supply chains stretch to China.

One such company is Auburn Hills-based auto supplier, Lucerne International.

Daniel Howes / Detroit News

The Chinese say they’re willing to change the rules that protect their precious auto industry. That’d be the industry companies like General Motors have spent a generation building with Chinese partners because, over there, he who controls the government rules.

From the Collections of The Henry Ford / Benson Ford Research Center

As President Trump and Chinese leaders swap threats of trade tariffs, we've heard a lot of talk about what a 25 percent Chinese tariff might mean to soybean farmers in the U.S. and specifically in Michigan, one of the top soybean-producing states.

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