Tag #Trade War

politico.eu
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EU to activate 'trade bazooka' against Trump's tariffs

The European Union will activate its Anti-Coercion Instrument to retaliate against President Trump's threatened 25% tariffs on EU goods, marking an escalation of trade tensions stemming from Trump's accusations that the EU was formed to harm the U.S. and his plans to reinstate steel and aluminum tar...

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theglobeandmail.com
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Alberta Faces $5.2 Billion Deficit Amidst US Trade War Fears

Facing a potential trade war with the U.S. and lower energy prices, Alberta projects a $5.2-billion deficit for 2025-2026, despite introducing a $1.2-billion tax cut, increasing its contingency fund to $4 billion to offset potential tariff impacts.

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elpais.com
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Trump's Unreliable Tariff Threats Fuel Global Economic Uncertainty

President Trump's fluctuating tariff threats, particularly towards Mexico, Canada, and China, are causing significant economic uncertainty, with increased inflation and investor concern; implementation dates remain unclear.

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elpais.com
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Ford Wins Third Term as Ontario Premier Amidst US Trade Tensions

Doug Ford won a third consecutive term as Ontario's premier on Thursday, securing 80 out of 124 seats amid concerns over US trade tariffs which he argued threatened 450,000 jobs in the province.

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theglobeandmail.com
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Canada's Q4 GDP Surges, but US Tariffs Pose Threat

Canada's real GDP rose 2.6 percent annualized in Q4 2024, exceeding expectations due to a surge in household spending, particularly on vehicles and retail goods, but potential US tariffs threaten future growth.

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t24.com.tr
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Putin, Trump Talks Raise Ukraine Invasion Fears; Trump Threatens EU Tariffs

On February 27, 2025, UK Prime Minister Starmer warned of potential Russian invasion of Ukraine if the US doesn't guarantee its security, following Putin's talks with President Trump who also threatened 25% tariffs on EU imports and praised a deal to exploit Ukraine's minerals. Meanwhile, Hamas anno...

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kathimerini.gr
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Bitcoin Plunges Below \$80,000 Amid Trade War Fears

Bitcoin dropped below \$80,000 on March 1st, down 25% in six weeks, due to investor concerns over trade wars and the recent \$1.5 billion Bybit hack, reversing the initial price surge caused by President Trump's pro-crypto policies.

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theglobeandmail.com
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Canadian Provinces Face Varying Risks from Potential US Tariffs

Canadian provinces face varying levels of economic risk from potential US tariffs, with Ontario, Quebec, Alberta, and Saskatchewan most vulnerable due to high US export dependence and/or weak financial positions; Alberta projects a C$5.2 billion deficit in 2025/26 if tariffs materialize.

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nos.nl
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Trump Reinstates Tariffs on Mexico, Canada; Threatens China and Europe

President Trump will impose 25% tariffs on Mexican and Canadian goods starting March 4th due to insufficient drug smuggling prevention, despite a recent month-long delay and Mexico's extradition of 29 drug cartel members. He also threatens 10% tariffs on China, potentially impacting the US economy a...

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kathimerini.gr
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Trump's Tariff Threat Shakes European Markets

European stock markets fell yesterday afternoon following President Trump's announcement of potential tariffs on European goods, with the STOXX 600 index down 0.65%; however, retail stocks performed well, while technology and food and beverage stocks underperformed; the EuroStoxx 50 volatility index...

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theglobeandmail.com
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Canadian Banks Report Strong Profits Amidst Trade War Concerns

Canada's six largest banks reported better-than-expected first-quarter profits, but warned that a potential trade war with the U.S. could further pressure the country's slowing economic growth, prompting businesses to delay investments and borrowing decisions; several CEOs called for government acti...

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us.cnn.com
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Trump Announces Tariffs on Mexico, Canada, and China, Sparking Trade War Fears

President Trump announced 25% tariffs on Mexican and Canadian goods and an additional 10% on Chinese imports, effective March 4th, citing high drug levels entering the US, potentially sparking retaliatory tariffs and impacting consumer prices.

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