Trade
Elon Musk’s Tesla has warned that Donald Trump’s trade war could expose the electric carmaker to retaliatory tariffs that would also impact other automotive manufacturers in the US. In an unsigned letter to Jamieson Greer, the US trade representative, Tesla said that it “supports fair trade” but that the US administration should ensure that it […]
President Trump has made a number of inaccurate claims about Canada in the past week as he imposed new tariff hikes on the country and touted his plans for more. On Wednesday morning, Mr. Trump imposed a blanket 25% tariff on foreign steel and aluminum, significantly impacting Canada, the largest foreign supplier of these metals […]
Senate Democrats will meet at lunch today to discuss how they will proceed on the House-passed funding bill, with many still unable to decide whether to vote for the measure that keeps the government funded through Sept. 30 or risk a shutdown starting Saturday. “We’re never convinced that the House is gonna do anything until […]
President Trump declined in an interview aired Sunday to rule out the possibility that his economic policies, including aggressive tariffs against America’s trade partners, would cause a recession. In the interview with Maria Bartiromo, the host of “Sunday Morning Futures” on Fox News, Mr. Trump also said that he was considering increasing tariffs against Mexico […]
US President Donald Trump has refused to say whether the US economy is facing a recession or price rises in the wake of his administration’s flip-flopping on tariff threats against some of its closest trading partners. Asked if he was expecting a recession this year, Trump said there was a “period of transition” taking place. […]
Donald Trump on Sunday refused to rule out the possibility that the US economy will head into recession this year and that inflation will rise, as his chaotic trade tariffs policy cause uncertainty and market turbulence. The US president predicted that his economic goals would take time and a period of transition to bear fruit. […]
TORONTO (AP) — Prime Minister Justin Trudeau said Thursday he welcomed indications that the U.S. would delay substantial tariffs on Canadian products for a month, but said Canada’s retaliatory tariffs would remain in place for now. U.S. President Donald Trump said Thursday that he has postponed 25% tariffs on most goods from Mexico for a […]
China’s ministry of foreign affairs has promised that China will “fight to the end” with the US in a “tariff war, trade war or any other war”, marking China’s strongest rhetoric on US president Donald Trump since he entered the White House. On Tuesday, in response to Trump imposing an extra 10% tariff on Chinese […]
Home News China discovers JACKPOT amid trade war with US, unearths ‘black gold’ worth Rs… The crucial discovery comes at a time when the US and China are standing at the brink of a full-blown trade war, after US President imposed an additional 10% tariff on Chinese goods. Representational Image In a major boost for […]
Trump tariffs live: Mexico warns US it could seek ‘other trade partners’ Al Jazeera English Source link