Tag #Tariffs

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theglobeandmail.com
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Trump's Trade War Fuels Market Uncertainty, Recession Fears

President Trump's refusal to rule out a recession amid escalating trade tensions sent shockwaves through the stock market, causing significant declines in the S&P 500 and Nasdaq, while the price of copper remains surprisingly strong despite the negative economic outlook and despite Trump's trade pol...

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bbc.com
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Ontario Retaliates Against US Tariffs with 25% Electricity Tax

Ontario Premier Doug Ford imposed a 25% tariff on electricity exports to the US, impacting 1.5 million consumers in New York, Michigan, and Minnesota, in retaliation for US tariffs; this adds \$10 per megawatt and funds aid for businesses hurt by US tariffs, amidst concerns of a US recession.

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usa.chinadaily.com.cn
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China Imposes Tariffs on Canadian Goods Amid Trade Dispute

China imposed new tariffs on Canadian imports, including rapeseed oil and pork, effective March 20th, in response to what it deems discriminatory Canadian trade practices, escalating trade tensions between the two nations.

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Partnerships for the Goals
smh.com.au
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Australia's Unexpected Trade Surplus with U.S. Challenges Tariff Argument

Australia recorded its first-ever monthly trade surplus with the U.S. in January 2018, reaching \$1.7 billion, primarily due to a 92-fold increase in gold exports to \$4.6 billion, challenging Australia's argument against U.S. steel and aluminum tariffs.

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german.china.org.cn
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China Imposes Retaliatory Tariffs on Canadian Goods

In response to Canada imposing tariffs on Chinese goods in October 2023, China announced retaliatory tariffs of 25-100% on select Canadian imports, effective March 20, 2024, citing an anti-discrimination investigation under its Foreign Trade Law and WTO principles.

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liberation.fr
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Trump Doubles Tariffs on Canadian Goods After Ontario Surtax

President Trump doubled tariffs on Canadian steel and aluminum to 50% in response to Ontario's surtax on electricity exports to the US, impacting 1.5 million households and businesses; he also threatened further tariffs on Canadian cars.

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abcnews.go.com
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US Recession Risk Rises to 35% Amidst Intensifying Trade War

Multiple financial institutions, including Goldman Sachs and Moody's Analytics, have significantly raised their recession probability estimates to 20% and 35%, respectively, primarily due to the Trump administration's recent tariffs and subsequent retaliatory measures from China and Canada.

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dailymail.co.uk
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Global Markets Tumble on Trump Trade War Fears

Global stock markets plummeted yesterday, with the FTSE 100 down 0.9 percent and the Nasdaq falling around 4 percent, amid mounting fears that President Trump's trade war will trigger a US recession; investors expressed 'absolute despair', while former Bank of England governor Mark Carney condemned ...

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cbsnews.com
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Trump's Trade War: Texas to Lose 370,000 Jobs, \$47 Billion Annually

President Trump's trade war will cost Texas an estimated 370,000 jobs and \$46-47 billion annually due to its strong trade relationships with Mexico and Canada, impacting multiple sectors and causing inflation.

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smh.com.au
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Trump Reconsiders Tariffs Amid Market Turmoil

Faced with market turmoil and Republican backlash, President Trump is reconsidering 25% tariffs on steel and aluminum imports from Australia and other allies, after previously pausing and modifying similar tariffs on Mexico and Canada, leading to significant stock market declines and retaliatory tar...

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edition.cnn.com
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Trump's Contradictory Tariff Plan: Economic Promises and Uncertain Realities

President Trump's plan to impose tariffs on foreign goods aims to boost American manufacturing, generate revenue, and pressure other countries to address issues like fentanyl smuggling and illegal immigration; however, these goals are largely contradictory, and the long-term economic consequences ar...

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es.euronews.com
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Japan Fails to Secure US Tariff Exemption

Japanese Trade Minister Yoji Muto failed to secure a US tariff exemption for Japanese steel, aluminum, and potentially auto exports despite ongoing negotiations in Washington, D.C., on March 26, 2018, increasing trade tensions between the two nations.

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Showing 2,245 to 2,256 of 3,380 results