President Trump has unleashed a bombshell threat to slap an eye-popping 35% tariff on Canadian goods-potentially doubling the fees compared to other countries-and intensifying the trade showdown between the U.S. and Canada, CNN reports
Browsing: trade tariffs
Former President Trump has thrown his weight behind a Russia sanctions bill that could impose an eye-popping 500% tariff on India, boldly declaring, “It’s totally my option.” This daring move is igniting new fears of escalating trade tensions between the U.S. and India
US-Brazil tensions are escalating as former US President Trump throws his full support behind Bolsonaro and threatens to impose new trade tariffs, igniting concerns over the future of bilateral relations and economic stability, BNamericas reports
The BRICS summit has launched in Brazil amid rising tensions sparked by Trump’s tariff policies and intensifying conflicts in the Middle East, casting a powerful shadow over this pivotal gathering of emerging economic powerhouses
Washington Watch shines a spotlight on China’s shipbuilding industry as it braces for new U.S. tariffs. Industry leaders and shippers are rallying together, devising innovative strategies to overcome obstacles and safeguard trade and production in the face of escalating tensions over maritime commerce policies
TACO trade” is a memorable Trump-era term for tariffs aimed at turbocharging American manufacturing and protecting domestic jobs. This bold trade strategy sparked spirited debates about its impact on the economy and global relations throughout his administration
In a bold move to safeguard its domestic steel industry, Brazil has reintroduced tariffs and quotas on steel products. This strategic decision comes in response to the ever-changing global market landscape, aiming to empower local manufacturers. As trade tensions simmer and challenges persist within the sector, Brazil is taking decisive steps to ensure its steel industry remains resilient and competitive.
Japan’s Prime Minister Shigeru Ishiba urged U.S. President Donald Trump to reconsider his tariff policies during their recent discussions. Ishiba emphasized the need for a collaborative approach, highlighting concerns over potential trade tensions between the two nations.
Germany’s Chancellor Olaf Scholz has announced the EU’s readiness to respond to potential U.S. trade tariffs, emphasizing the bloc’s commitment to uphold fair trade practices. The statement signals a unified approach to address transatlantic trade tensions.
France has identified digital services as a key target in the EU’s tariff response to U.S. trade policies. This move reflects rising tensions over tax structures and digital market regulations, signaling a strategic shift in Europe’s trade negotiations.