Tag #Tariffs

dailymail.co.uk
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UK Leaders Express Concern Over Potential US Tariffs Under Trump

UK Prime Minister and Labour leader Keir Starmer voiced concerns today about potential US tariffs under a second Trump presidency, which include a 10–20 percent levy on all imported goods, threatening UK trade and necessitating efforts to maintain strong US trade relations while mitigating tariff ri...

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theglobeandmail.com
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Canada Announces $1.3 Billion Border Security Plan to Avert U.S. Tariffs

Canada unveiled a $1.3 billion border security plan, including an aerial intelligence task force and fentanyl-curbing measures, to potentially avoid U.S. tariffs, following increased border encounters and discussions with U.S. officials.

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spanish.china.org.cn
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Trump's Trade War Threats: China's Economic Countermeasures

Increased US inflation (2021-23) potentially aided Trump's election; his threatened trade wars risk harming global trade and US-China ties, but China's economic countermeasures, including fiscal stimulus and policy shifts, aim to mitigate negative impacts, leveraging innovation and reduced reliance ...

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forbes.com
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Trump's Tariff Threat: US-Mexico Energy Trade at Risk

President Trump's potential second term plans include a 25% tariff on all Mexican and Canadian imports, including crude oil and natural gas, potentially disrupting the nearly $70 billion US-Mexico energy trade in 2023, a sharp departure from past trade practices.

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theglobeandmail.com
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Canada Allocates $1.3 Billion for Enhanced Border Security Amidst U.S. Pressure

Facing tariffs threats from President-elect Trump, Canada allocates $1.3 billion over six years to enhance border security by increasing resources for the RCMP, border agents, and cyberspies to combat illegal migration and fentanyl smuggling, with $81 million allocated immediately.

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Peace, Justice, and Strong Institutions
english.elpais.com
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Trump's Tariff Threat Shakes US-Mexico Trade

Donald Trump's threat to impose 25% tariffs on Mexican imports if the Mexican government doesn't curb migration and drug trafficking puts pressure on Mexico's economy and businesses, jeopardizing the $424 billion (Jan-Oct 2024) in exports to the US and potentially harming the USMCA trade agreement.

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theglobeandmail.com
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Ford's Mixed Trade Strategy Amidst Trump's Tariff Threats

Facing Trump's threatened 25% tariffs on Canadian imports, Ontario Premier Doug Ford's proposed countermeasures include both economically sound and risky strategies, potentially impacting trade relations and energy supplies between Canada and the US.

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abcnews.go.com
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Ford Warns Trump Tariffs Would Be 'Disaster,' Prepares Border Security

Ontario Premier Doug Ford called President-elect Trump's plan to impose 25% tariffs on Canadian goods a "disaster," threatening to restrict energy exports to the US if the tariffs are imposed; he also voiced concern over a mass deportation plan, stating that hundreds of police officers are ready to ...

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cnbc.com
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US New Vehicle Sales to Hit 2019 Highs in 2025

U.S. new light vehicle sales are expected to reach 16.3 million in 2025, exceeding 2024 projections of 15.9-16 million and marking the highest level since 2019, due to lower interest rates, increased affordability, and normalized inventories; however, potential tariffs and decreased automaker pricin...

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africa.chinadaily.com.cn
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Trump's Tariffs, China's Countermoves: A New Era of Economic Competition

President-elect Trump's threat to impose 100 percent tariffs on BRICS countries and other nations if they create an alternative currency to the US dollar, coupled with his planned additional tariffs, could negatively impact the global economy, particularly China, although China's stimulus packages a...

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cnn.com
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Trump Tariffs Risk Triggering US Stagflation

President-elect Trump's planned tariffs on Mexican, Canadian, and Chinese imports risk triggering stagflation in the US, increasing inflation and potentially slowing economic growth, a scenario economists believe is more likely given the election results.

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elpais.com
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Spanish Farmers Protest EU-Mercosur Trade Deal, Citing Risks to Food Safety and Livelihoods

Spanish farmers and ranchers protested in Madrid on Monday against the recently signed EU-Mercosur trade agreement, fearing the impact of cheaper imports on their livelihoods, particularly regarding food safety and quality, while the deal promises to create the world's largest free trade area saving...

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