US EditionTrump's tariffs on China, Canada and Mexico take effect
- Donald Trump imposed a 10 percent tariff on Chinese imports, effective at 12:01 AM on Tuesday, doubling the earlier tariff to 20 percent.
- Imports from Canada and Mexico are now taxed at 25 percent, with Canadian energy products taxed at 10 percent.
- Trump stated the tariffs aim to address drug trafficking and illegal immigration, despite progress made by both countries.
- Claudia Sheinbaum, the President of Mexico, and Justin Trudeau, the Prime Minister of Canada, threatened to increase their own tariffs on U.S. Exports in response to Trump's actions.
601 Articles
601 Articles
'Never experienced tariffs like this': Area auto dealers anticipate rising prices due to trade war with Canada, Mexico, and China
The United States trade war with Canada, Mexico and China is expected to drive up the costs of things like food, electronics, cars and car parts. Area auto dealers are
Dollar falls hard and copper shoots after commercial war
The dollar continues to lose ground in the face of the Chilean peso, while copper rises sharply, after a session marked by the beginning of the trade war initiated by Donald Trump after applying tariffs to China, Mexico and Canada.The US currency is $930, which means a decrease of $15 compared to the end of this Tuesday.“In a context of weakening the international dollar against emerging currencies, this movement is due to the growing uncertaint…
Trump's tariffs become effective, but new compromise expected
The United States implemented tariffs on imports from Mexico, Canada, and China, triggering responses from these nations and causing a market meltdown. The tariffs include a 25% levy on imports from Mexico and Canada and an increase from 10% to 20% on goods from China. The move seeking to address fentanyl trafficking and border security has failed to meet expectations.
The stock exchanges for today, March 4. Tariffs scare the markets, Europe is in the red and Milan closes at -3.4%
Now that the tariffs on Canada (25%), Mexico (25%) and China (20%) have been confirmed, investors have become decidedly more risk-averse. Gold shines, the safe haven par excellence. Curb Bitcoin
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