Trump’s attacks on Canada’s economy and threats to make it the 51st state have infuriated Canadians, who are canceling trips to the U.S. in big numbers.
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Arellano: Trump threatened Vietnam with a huge tariff. How’s that going over in Little Saigon?
In Little Saigon, enmity for the Vietnamese government thrives among the older generation, many of whom arrived in the U.S. as refugees after the fall of Saigon. Some are even willing to pay higher prices if it means the Communist regime will suffer.
American tech firms grappled with more uncertainty Monday, left to decipher whether they could rely on a tariff exemption for businesses key to the U.S. economy.
Apple, Nvidia and other tech company stocks rebounded on Monday, after the Trump administration said tariffs affecting the electronics industry on products like smartphones are coming later.
Like few other places in the U.S., the economy and culture of Los Angeles have been forged by globalization. Merchants across the region last week expressed profound uncertainty over what threats of a looming trade war could do to the economy.
While President Trump paused import taxes this week for other countries, he raised tariffs on China and they now total 145%.