Tag #Tariffs

theglobeandmail.com
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Trump Delays Tariffs, but Service Trade Retaliation Looms

President Trump's delay of tariffs on Canadian imports, prompted by Canada's planned retaliatory tariffs targeting Republican states, may be temporary due to his focus on reducing the US trade deficit and funding tax cuts, but a coordinated response from allies targeting US services trade surpluses ...

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theglobeandmail.com
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Trump's Reciprocal Tariffs Fuel Global Trade War Fears

President Trump's administration is finalizing plans for reciprocal tariffs on countries that impose duties on U.S. imports, prompting fears of a wider global trade war; the EU is preparing a response, and U.S. businesses warn of rising costs and supply chain disruptions.

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kathimerini.gr
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EU-US Trade Tensions Rise Amidst Tariffs and Regulatory Disputes

Following US tariffs on European aluminum and steel, the EU President and US Vice President met in Paris, with the EU promising retaliatory measures and the US urging regulatory easing. Discussions also covered AI regulations and future cooperation, including potential US support for Ukraine.

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apnews.com
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Modi Seeks to Navigate Trade Tensions During Washington Visit

Prime Minister Narendra Modi's visit to Washington aims to strengthen ties with President Trump despite trade tensions and concerns over tariffs; India has already made concessions, lowering tariffs on some U.S. products and facilitating the return of migrants, while also seeking to increase defense...

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german.china.org.cn
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Trump's Steel and Aluminum Tariffs Spark Global Backlash

President Trump implemented a 25% tariff increase on all steel and aluminum imports, prompting international condemnation and threats of retaliatory measures from Canada, the EU, India, and China, who argue the move will harm consumers and businesses globally.

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cnbc.com
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Trump Tariffs Could Hike Average New Car Price by $5,790

President Trump's proposed 25% tariffs on vehicles and parts from Mexico and Canada could increase the average new car price by $5,790 to over $54,500, impacting American consumers significantly, based on an analysis showing over 22% of U.S. auto sales and 40% of parts originate from these countries...

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theguardian.com
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Modi Seeks to Avert Trade War with US During Washington Visit

Indian Prime Minister Narendra Modi is visiting Washington to prevent a trade war with the US, with India considering tariff cuts on at least a dozen sectors to avoid US tariffs amid a slowing economy; the meeting will test the relationship between Modi and Trump, and also cover defense deals, energ...

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politico.eu
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EU to Decide on Response to Trump's Imminent Tariffs

Facing President Trump's 25% tariffs on steel and aluminum imports, set to take effect March 12th, the EU will hold emergency talks on Wednesday to determine its response, weighing the need for retaliation against the risks of provoking further action from the unpredictable U.S. leader.

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bbc.com
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Trump's Tariffs: Economic Harm Despite Claims of Benefit

Donald Trump's tariff policies, contrary to his claims, are widely considered by economists to harm the US economy, based on historical examples and the principles of free trade, while benefiting only a few African nations.

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theglobeandmail.com
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Trump Tariffs Force Canada to Re-evaluate Digital and Cultural Policies

President Trump's threatened tariffs on Canadian goods, excluding energy, signal a potential trade war, forcing Canada to re-evaluate its interprovincial trade barriers, explore new markets, and potentially overhaul its long-standing digital and cultural policies, including mandated payments for str...

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theglobeandmail.com
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Modi Seeks to Strengthen US-India Ties Amidst Tariff Concerns

Indian Prime Minister Narendra Modi visits Washington to discuss trade and security with President Trump amid concerns over potential tariffs and the ongoing trade imbalance; India has already taken some steps to address these concerns, including tariff reductions and migrant repatriation.

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theglobeandmail.com
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Surprise Inflation Surge Dashes Rate Cut Hopes, Spurs Market Volatility

Higher-than-expected U.S. inflation in January, exceeding forecasts, fueled by President Trump's tariffs, has dampened expectations of Federal Reserve interest rate cuts, leading to a surge in Treasury yields and a drop in the stock market.

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