“Increased import tariffs could lead to a smaller GM, a reduced presence at home and abroad for this iconic American company, and risk less -- not more -- U.S. jobs,” the nation’s largest automaker said.
“We will not escalate, and we will not back down,” said Foreign Minister Chrystia Freeland, who also said that the U.S. measures are “illegal” and America has a trade surplus with Canada on iron and steel.
The underlying trend in business investment remains firm in the face of uncertainty related to U.S. tariffs.
Economic conditions are ripe for maximizing your enterprise or equity value, but they won't last.
Brown-Forman Corp., maker of Jack Daniel's, was singled out for tariffs by the EU in retaliation for US tariffs and has warned investors that this will have a tangible effect on their business.
The lawsuit alleges Section 232 violates the constitutional prohibition against Congress delegating its legislative powers to the president.