US EditionTrump vows to impose 25% tariffs on imports from the European Union
- President Donald Trump defended new tariffs on goods from Canada and Mexico to address trade imbalances, stating on Truth Social, 'If companies move to the United States, there are no tariffs!!!'
- Canadian Prime Minister Justin Trudeau announced a 25% retaliatory tariff on $155 billion of U.S. goods, starting with $30 billion after midnight Tuesday.
- Mexico's President Claudia Sheinbaum declared that her country will impose its own retaliatory tariffs on U.S. goods in response to Trump's actions.
- China's Foreign Ministry spokesperson Lin Jian stated that China is prepared to respond to U.S. tariffs, calling them a 'flimsy excuse' for higher import costs.
207 Articles
207 Articles
Tariffs Explained: How Costs Might Rise and What It Means for You
President Donald Trump's tariff plans have been messy and uncertain and have caused widespread market volatility. And a lot more things than you might expect could be getting more expensive soon.
The trade war unleashed by the tariffs decided by President Donald Trump to some of his main trading partners deepens with the entry into force of taxes on Tuesday, and the retaliations announced by China, Canada and Mexico.
He wasn’t bluffing: Trump’s trade war sparks broad backlash
It’s dawning on the world — and some Republicans on Capitol Hill — that sometimes President Donald Trump should be taken literally after all. Trump levied sweeping tariffs on key trading partners Mexico, Canada and China early Tuesday morning, sparking retaliation from Beijing and Ottawa, sending the stock market into a tailspin, and alarming government officials around the globe as they brace for potentially the worst trade war in a century. Ca…
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