In a recent statement, former President Trump suggested that tariffs on Mexico and Canada could potentially increase, indirectly acknowledging the economic uncertainties ahead. He refrained from dismissing the possibility of a recession, raising concerns among analysts.
Canada has stated it will not eliminate its tariffs unless the United States removes all levies, according to a government official. This stance underscores ongoing trade tensions and highlights the complexities of bilateral negotiations.
India and the European Union have set a year-end deadline to finalize a free trade agreement, aiming to strengthen economic ties amid rising tariff threats from the U.S. under the Trump administration. This pact could enhance mutual trade benefits significantly.
European Commission President Ursula von der Leyen has announced that the EU and India aim to finalize a comprehensive free-trade agreement by the end of this year. This pact seeks to enhance economic ties and boost trade between the two regions.
India is reassessing its tariff data in preparation for upcoming trade talks with the US, aiming to address discrepancies in bilateral trade figures. This initiative highlights India’s commitment to transparency in negotiations and trade relations.
In a recent statement, former President Donald Trump reaffirmed his commitment to implementing tariffs on Canada and Mexico, asserting that these measures will proceed despite previous negotiations. This move underscores ongoing tensions in U.S.-Canada-Mexico trade relations.
