Washington
Trump threatens tariffs up to 300% on foreign firms skipping US plants
Donald Trump threatened 150% to 300% tariffs on foreign companies on October 3 unless they build U.S. plants within about a year and a half. He cited South Korea, China, Japan and Canada while arguing tariffs draw manufacturing investment.
How we got here
- Trump threatened tariffs of 150% to 300% on foreign companies failing to build plants in the United States. Kr
What's likely next
- South Korea's review of whether, and how much, to invest in the Alaska LNG project remains unresolved; no decision date was reported.
- Trump executive action imposing new or increased tariffs effectiveToss-up51%▼ from 83% yesterday
All coverage
The coverage
- Trump Threatens 300% Tariffs on Firms That Skip U.S. PlantsSedaily · Oct 4
- 'Handful' of G20 countries reject U.S. stance on industrial capacityCNBC · Oct 3
- Trump threatens tariffs of up to 300% as Korea faces pressure over US investmentKoreaherald
- Trump in Battleground State: "Up to 300% Tariffs If They Don't Build Plants in US"Kr
- Trump’s tariffs are back in courtCNN · Sep 30
Analysis & opinion
- Tracking Trump’s Tariffs Across the Global EconomyBloomberg · Sep 30
- Five Checks For … What Supply Chain Leaders Should Rethink in the Trump Tariff Environment 2.0Foley & Lardner LLP · Oct 2
- US-China Relations in the Trump 2.0 Era: A TimelineChina Briefing · Sep 25
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