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Donald Trump says he’s coming to Tuscaloosa, again. The President announced on his social media site that he’ll be delivering the commencement address at the University of Alabama in early May, as well as at West Point.
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Huntsville defense contractor Teledyne Brown is on a list of twelve U.S. companies under an export ban from China. The communist nation is cutting off customers who are considered “dual use.” In other words, China components that could be used for either civilian or military purposes.
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China has announced countermeasures by raising tariffs on U.S. goods from 84% to 125% starting Saturday. This may further worsen the situation for Alabama exports to the communist nation. The U.S China Business Council says Alabama sent $4 billion in consumer products to Beijing in 2024. That doesn’t count $4 million in exported Alabama services that may soon face tariffs as well.
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Alabama exports to China may almost double in price soon. The communist nation is vowing to impose an eighty four percent tax on U.S. imports in retaliation to Donald Trump’s fifty percent tariff. The U.S. China Business Council says Alabama exported four billion dollars in products to China last year.
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Alabama exports to China could become more expensive by Thursday. The communist nation says it will impose a thirty four percent tax on all U.S. imports this week. That could hit Alabama hard. The U.S. China Business Council says the state sent over four billion dollars worth of exports to China in 2024. A billion of that was in the form of automobiles and car parts.
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Major trade partners swiftly hit back at President Donald Trump's increased tariffs on aluminum and steel imports, imposing stiff new taxes on U.S products from textiles and water heaters to beef and bourbon. Alabama may be impacted by actions Canada is taking on products that the state exports north of the border.
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Wall Street is having another tough day amid anxiety over President Donald Trump's often-changing tariff proposals. Trump delayed most tariffs on Mexican goods after talking with their president. But Canada's prime minister said retaliatory Canadian tariffs will remain as long as Trump leaves any U.S. tariffs in place. Alabama may get a momentary reprieve based on the “fine print” in Trump’s latest action on tariffs.
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Donald Trump’s tariffs against Mexico and Canada are set to go back into effect this coming Tuesday (3/4.) The Port of Mobile, and Alabama’s Port Authority, are watching to see whether this could help or hurt.
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An economics expert from Auburn University at Montgomery warns that Alabamians may soon face higher prices at the grocery store and gas pump. This comes as the White House moves to impose tariffs on U.S. imports from Canada, Mexico, China and, more recently, stricter tariffs on steel and aluminum.
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The Port of Mobile is bracing for Donald Trump’s tariffs against Canada and Mexico which could resume as soon as March. Automakers told CBS News that new car prices could jump by six thousand dollars each if the trade war starts up again. That could hit the Port of Mobile which handles automobile shipments with Mexico.