tradewardaily

The White House stated the United States is lifting tariffs on some Canadian goods ¹. White House reports indicate that trade talks between the United States and Canada are advancing toward a final deal ³⁶.

Senator Susan Collins stated she worked with the White House on the tariff relief ¹.

Donald Trump reiterated a claim that he told India and Pakistan he would put 250% tariffs on their goods to achieve a ceasefire ³.

NewsNation reported that El-Sayed characterized Trump's cuts to Canada tariffs as an "arbitrary" midterms ploy ⁴. Yahoo reported that El-Sayed called the changes to Canada's tariffs a "last-minute gambit" to assist Rogers ⁵.

Audi will spend $4 billion to build its first factory in the United States in Georgia ¹. The investment is expected to create 4,500 jobs ¹.

Audi chief executive Gernot Döllner joined Donald Trump on stage at a campaign rally ¹. The South China Morning Post reported the investment comes as Volkswagen struggles with the impact of steep tariffs imposed by Donald Trump ¹. Audi faces intense Chinese competition and a costly shift towards EVs ¹.

The Department of Agriculture supports higher pork import tariffs to help hog raisers ¹. The Department of Agriculture plans to restore the tariff on imported pork and suspend the issuance of clearances ⁵.

The Trump administration authorized $43 billion in subsidies to farmers ⁶. Critics argue the administration would not have had to consider these funds if not for the war with Iran and the imposition of tariffs ⁶.

Audi is defending plans for a $4 billion Georgia plant during Volkswagen restructuring and tariffs ¹. The Volkswagen division imports all of its cars from Europe or Mexico ¹.

BYD will build new factories in Europe to address trade barriers targeting Chinese electric vehicles ². BYD is the world's largest electric vehicle maker ². Vice-president Liu Xueliang stated that Europe is a very important regional market and the company will not let tariff increases affect local consumers' choice of BYD ².

The United States modified Canada tariffs by adding carpets and removing packaging ³.

Kavout reported that Hasbro beat estimates by $1.04 a share and rose 19% in a week ⁴. Kavout attributed this performance to tariff refunds and an early Magic shipment ⁴.

Tech-insider.org reported that tariff refunds lifted Tesla's $5.49B gross profit ⁵.

The Globe and Mail reported that Barack Obama criticized the Trump administration's tariff war with Canada at U.S. midterm rallies ³. Civic Media reported that candidates in the 7th Congressional District discussed tariffs and the future of family farms at a town hall ².

The flooring industry faces the potential loss of thousands of jobs ¹. Small businesses are struggling with inflation amid Trump tariffs ahead of midterms ².

Saudi Energy announced an electricity service tariff adjustment starting January 1, 2027 ⁴. Joe Saddi told L'Orient Today that EDL must immediately adopt tariffs that reflect fuel prices ⁶.