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WASHINGTON (AP) — President Donald Trump’s long-threatened tariffs against Canada and Mexico went into effect Tuesday, putting global markets on edge and setting up costly retaliations by the United States’ North American allies. Starting just past midnight, imports from Canada and Mexico are now to be taxed at 25%, with Canadian energy products subject to […]
Washington — The United States imposed 25% tariffs on nearly all goods imported from Mexico and Canada Tuesday, after taking a month for aides to negotiate a potential reprieve. Duties of 10% were put in place on Canadian energy products. The tariffs went into effect at 12:01 a.m., hours before President Trump’s first address to […]
CNN — President Donald Trump’s blanket 25% tariffs on Mexico and Canada took effect on Tuesday, an extraordinary action aimed at bringing America’s top trading partners to heel. But it threatens to weaken the North American economy, including that of the United States, at a time of significant stress. Trump also doubled the tariff on […]
Trump says Mexico and Canada tariffs will go into effect next week Donald Trump said his administration would move forward with imposing tariffs on Mexico and Canada next week, a policy that could cause prices to rise in the US. In a post on Truth Social, Trump blamed Mexico and Canada for allowing illegal drugs […]
China’s tit-for-tat import taxes on some American goods are set to come into effect on Monday, as the trade war between the world’s two biggest economies escalates and US President Donald Trump threatens to hit more countries with tariffs. Beijing announced the plan on 4 February, minutes after new US levies of 10% on all […]
A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide array of products, from the ultra-cheap apparel sold on online shopping platforms to toys and electronic devices such as computers and cellphones. An additional 10% tariff on all Chinese goods took effect a […]
Europe, you’re next. That’s the latest message from President Trump, who has repeatedly said in recent days that he would slap punitive tariffs on the 27 members of the European Union. Tariffs “will definitely happen with the European Union,” Mr. Trump told the BBC Sunday evening, and they are coming “pretty soon.” He doubled down […]
China said Tuesday it would counter President Trump’s tariffs on Chinese products with tariffs of its own on multiple U.S. imports. It also announced an antitrust investigation into Google and other trade measures aimed at the U.S. China said it would implement a 15% tariff on coal and liquefied natural gas products as well as […]
Hong Kong CNN — Beijing announced a broad package of economic measures targeting the United States on Tuesday, hitting back after US President Donald Trump imposed 10% tariffs on Chinese imports. The fresh duties, announced by China’s Ministry of Finance, levy a 15% tax on certain types of coal and liquefied natural gas and a […]
China retaliates within minutes of US tariffs taking effect More now on China’s response to US tariffs taking effect, via Reuters: China on Tuesday slapped tariffs on US imports in a rapid response to new US duties on Chinese goods, renewing a trade war between the world’s top two economies as President Donald Trump sought […]