Donald Trump’s tariff threats on Canada, Mexico, and China unsettle U.S. firms, raising costs and supply risks. Many affected companies are led by Democratic-leaning executives, fuelling political tensions.
U.S. President Donald Trump has warned of sweeping 25% tariffs on Canada and Mexico and 10% duties on China, with potential action against the EU. The move, framed as a crackdown on trade imbalances and national security risks, has left industries on edge, with business leaders calling for de-escalation.
While the tariffs are temporarily paused for 30 days for Mexico, uncertainty looms over businesses heavily reliant on international trade. Key sectors facing disruption include technology, retail, energy, finance, and manufacturing.
Trump’s tariffs disproportionately impact industries led by Democratic donors, particularly technology and retail:
✅ Tim Cook (Apple) – Apple relies on China for production, making tariffs a major threat.
✅ Satya Nadella (Microsoft) – A proponent of free trade, opposed Trump’s tariffs on Chinese imports.
✅ Doug McMillon (Walmart), Brian Cornell (Target) – Large retailers relying on imported goods will see higher costs.
✅ Jamie Dimon (JPMorgan) – Wall Street is wary of trade instability affecting global markets.
🟥 Right-Leaning CEOs (Republican Supporters) – Hurt, but Less So
✅ Elon Musk (Tesla) – Has expressed past support for Trump but opposes tariffs due to China’s key role in Tesla’s market.
✅ Darren Woods (Exxon), Mike Wirth (Chevron) – Oil industry could take a hit, but domestic fracking firms may gain.
✅ David Calhoun (Boeing), James Taiclet (Lockheed Martin) – If the EU retaliates, the defense sector could be affected.
🔹 Technology & Retail (Democratic-leaning sectors) are most vulnerable as they rely heavily on global supply chains.
🔹 Energy & Defense (Republican-leaning industries) will feel the impact but have domestic alternatives.
🔹 The month-long pause on Mexico tariffs temporarily eases pressure on automakers and energy firms, but China tariffs still threaten tech and retail.
With potential EU tariffs looming, Trump’s trade war is widening economic and political divides, intensifying uncertainty for U.S. businesses.
As the world shifts toward clean energy at an ever-accelerating pace, large economies are scrambling to secure reliable supply chains for rare earth minerals. These minerals, once seen as mere industrial components, have become a political tool in the global power struggle
U.S. National Security Advisor Mike Waltz admitted on Tuesday that he created the Signal chat where sensitive details about U.S. strikes on Yemen were shared — and called the episode “embarrassing.”
Thai Prime Minister Paetongtarn Shinawatra will face a no-confidence vote in parliament on Wednesday, marking an early test of the strength and unity of her ruling coalition after two days of fierce opposition scrutiny.
Signal president Meredith Whittaker has defended the platform’s security after senior Trump administration officials mistakenly included a journalist in a private Signal group chat discussing U.S. military action against Yemen’s Houthis.
At least 15 people have died as wildfires continue to ravage South Korea’s southeastern region, Yonhap News Agency reported on Wednesday.
As the world shifts toward clean energy at an ever-accelerating pace, large economies are scrambling to secure reliable supply chains for rare earth minerals. These minerals, once seen as mere industrial components, have become a political tool in the global power struggle
Kabul, Afghanistan - Climate change has become a critical destabilizing factor in Afghanistan, worsening the country's already severe economic and social instability.
U.S. National Security Advisor Mike Waltz admitted on Tuesday that he created the Signal chat where sensitive details about U.S. strikes on Yemen were shared — and called the episode “embarrassing.”
Thai Prime Minister Paetongtarn Shinawatra will face a no-confidence vote in parliament on Wednesday, marking an early test of the strength and unity of her ruling coalition after two days of fierce opposition scrutiny.
Signal president Meredith Whittaker has defended the platform’s security after senior Trump administration officials mistakenly included a journalist in a private Signal group chat discussing U.S. military action against Yemen’s Houthis.
Sweden’s Prime Minister Ulf Kristersson stated on Thursday that purchasing U.S. weapons does not pose a security risk for his country, but emphasized the need for Europe to reduce its reliance on American defense systems. His comments come amid growing discussions within Europe.
NASA astronauts Butch Wilmore and Suni Williams completed an unexpectedly long 286-day mission on the ISS, returning to Earth aboard a SpaceX capsule after delays caused by technical issues with Boeing’s Starliner.
Mexican forces have dismantled a massive meth lab in Zacatecas, dealing a blow to a Sinaloa Cartel faction.
Royal Australian Air Force (RAAF) pilots, monitoring a Chinese navy warship as it navigated Australian waters, were alerted to a live-fire exercise via a civilian radio broadcast, defense officials revealed on Tuesday.
Serbia’s parliament has officially accepted the resignation of Prime Minister Milos Vucevic, setting a 30-day deadline for the formation of a new government or the calling of snap elections.
Kabul, Afghanistan - Climate change has become a critical destabilizing factor in Afghanistan, worsening the country's already severe economic and social instability.
U.S. National Security Advisor Mike Waltz admitted on Tuesday that he created the Signal chat where sensitive details about U.S. strikes on Yemen were shared — and called the episode “embarrassing.”
Thai Prime Minister Paetongtarn Shinawatra will face a no-confidence vote in parliament on Wednesday, marking an early test of the strength and unity of her ruling coalition after two days of fierce opposition scrutiny.
Signal president Meredith Whittaker has defended the platform’s security after senior Trump administration officials mistakenly included a journalist in a private Signal group chat discussing U.S. military action against Yemen’s Houthis.
Russia and Ukraine have agreed to suspend attacks on key energy infrastructure for 30 days, according to a statement published by the Kremlin on Tuesday.
As the world shifts toward clean energy at an ever-accelerating pace, large economies are scrambling to secure reliable supply chains for rare earth minerals. These minerals, once seen as mere industrial components, have become a political tool in the global power struggle
Kabul, Afghanistan - Climate change has become a critical destabilizing factor in Afghanistan, worsening the country's already severe economic and social instability.
U.S. National Security Advisor Mike Waltz admitted on Tuesday that he created the Signal chat where sensitive details about U.S. strikes on Yemen were shared — and called the episode “embarrassing.”
Thai Prime Minister Paetongtarn Shinawatra will face a no-confidence vote in parliament on Wednesday, marking an early test of the strength and unity of her ruling coalition after two days of fierce opposition scrutiny.
Signal president Meredith Whittaker has defended the platform’s security after senior Trump administration officials mistakenly included a journalist in a private Signal group chat discussing U.S. military action against Yemen’s Houthis.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment