Tag #Trade War

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theglobeandmail.com
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Canada's Trade War Response: Relief Package Showdown

Canadian political leaders disagree on how to handle the potential economic fallout of a trade war with the U.S., with Premier Doug Ford advocating for large-scale relief packages while federal Conservative Leader Pierre Poilievre prefers targeted worker relief and tax cuts, using the revenue from c...

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theglobeandmail.com
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US Tariffs Threaten to Shut Down North American Auto Industry

US President Trump's 25% tariffs on Canadian and Mexican auto parts, coupled with impending metal tariffs, threaten to cost the industry billions and cause widespread plant closures, prompting concerns from Linamar Corp. executive chair Linda Hasenfratz and industry leaders.

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60% Bias Score

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nbcnews.com
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Retaliatory Tariffs Result in Removal of U.S. Liquor from Canadian Stores

In response to the Trump administration's 25% tariffs on Canadian and Mexican goods, Canada and Mexico retaliated with their own tariffs, leading to the removal of U.S. liquor from Canadian stores and impacting U.S. businesses and potentially 31,000 American jobs according to the Distilled Spirits C...

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theglobeandmail.com
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Trump's Tariffs Hit Kansas Farmers Hard

President Trump's 25% tariffs on Canadian and Mexican goods, imposed on April 2nd, have caused significant economic distress for Kansas farmers due to increased costs for supplies like fertilizer and farm equipment; Canada and Mexico retaliated with tariffs on U.S. goods, creating uncertainty and hi...

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english.kyodonews.net
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Trump Grants One-Month Tariff Reprieve to US Automakers

President Trump temporarily exempted Ford, GM, and Stellantis from new 25 percent tariffs on Canadian and Mexican auto imports for one month due to concerns about supply chain disruptions and increased costs, though the tariffs remain in place based on claims of drug smuggling.

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npr.org
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Canadian Tourism Boycott Threatens U.S. Economy

President Trump's trade policies targeting Canada have prompted a significant backlash among Canadian travelers, resulting in widespread cancellation of U.S. trips and causing concern within the American tourism industry, which relies heavily on Canadian visitors who spent \$20.5 billion in the U.S....

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theglobeandmail.com
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Canada Delays Aid Amidst US Tariffs Uncertainty

Facing 25% US tariffs on most goods, Canada delays aid to affected workers and businesses due to uncertainty over President Trump's trade policies, while economists warn of a potential recession and unemployment rise to 8% if tariffs persist for a year, prompting Quebec and Ontario to prepare indepe...

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usa.chinadaily.com.cn
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Trump Grants One-Month Tariff Exemption to US Automakers

President Trump granted a one-month tariff exemption to Ford, General Motors, and Stellantis on auto imports from Mexico and Canada, despite the March 4th implementation of a 25% tariff under the USMCA; reciprocal tariffs will resume April 2nd, potentially impacting jobs and GDP.

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aljazeera.com
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Trump Imposes Tariffs on Canada, Citing Fentanyl; Canada Retaliates

President Trump imposed 25% tariffs on Canadian and Mexican goods on Tuesday, citing insufficient action on fentanyl trafficking; Canada responded with retaliatory tariffs, filing a WTO complaint, and asserting the tariffs violate the USMCA.

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politico.eu
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Trump Tariffs Hit Volkswagen: 44% of US Sales from Mexico Face 25% Duty

President Trump's 25 percent tariff on Canadian and Mexican goods severely impacts Volkswagen, which produced 44 percent of its U.S. cars in Mexico in 2023; this trade action follows the unraveling of free trade agreements and adds to existing challenges in China, threatening the German automaker's ...

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gr.euronews.com
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Trump Grants One-Month Tariff Exemption to Automakers

President Trump granted a one-month tariff exemption to Mexican and Canadian automakers until April 2, temporarily suspending a 25% tariff on imported vehicles to avoid economic hardship, following negotiations with Stellantis, Ford, and General Motors; however, he hinted at potential future exempti...

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cnn.com
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Trump's Tariffs Risk Trade War, Lowering US GDP Growth Forecast

President Trump's new tariffs on the US's three largest trading partners, impacting 43% of US imports, risk immediate economic harm and a potential trade war; economists predict supply chain disruptions, shortages, price increases, and financial market volatility, lowering the US GDP growth forecast...

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Showing 2,857 to 2,868 of 3,850 results