Just a day ago, Donald Trump was threatening a multi-front trade war with Canada, Mexico and China that would take the global economy into uncharted territory. Twenty-four hours later, we’re in a rather different place with the tariffs – or taxes – against America’s closest neighbours and trading partners on hold for 30 days. But…
China has announced retaliatory tariffs against the US after President Donald Trump imposed a 10% tax on all Chinese imports. The counter-measures include a 15% tax on coal and liquefied natural gas imports from the US, while crude oil, agricultural machinery, pickup trucks and large-engine cars will face a 10% tariff. These are expected to…
Meituan Dianping application icons are displayed on an Apple Inc. iPhone in Hong Kong, China, on Friday, March 23, 2018. Justin Chin | Bloomberg | Getty Images Asian tech stocks rose Tuesday, following news that U.S. president Donald Trump had paused tariffs on Mexico for a month, while also postponing tariffs on Canadian exports. Gains…
Watch: ‘I’m getting angry and anti-American’ – Canadians decry tariff threat President Donald Trump has agreed to hold off imposing 25% tariffs on Canada and Mexico for 30 days, pulling the North American neighbours back from the brink of a potentially damaging trade war. After last-minute calls with Trump, Canadian Prime Minister Justin Trudeau agreed…
Canada’s Prime Minister Justin Trudeau looks on during a press conference while responding to U.S. President Donald Trump’s orders to impose 25% tariffs on Canadian imports, in Ottawa, Ontario, Canada February 1, 2025. Patrick Doyle | Reuters President Donald Trump on Monday agreed to pause the implementation of planned U.S. tariffs on imports from Canada…
Russian President Vladimir Putin smiles during his meeting with workers, while visiting the AvtoVAZ automobile plant, January 28, 2025, in Togliatti, Russia. Contributor | Getty Images News | Getty Images Russia’s Vladimir Putin warned Europe will quickly “stand at the feet of the master” after U.S. President Donald Trump imposed tariffs on Canada, Mexico and…
A truck carrying vehicles drives into the United States at the Otay Mesa Port of Entry, on the U.S.-Mexico border on February 1, 2025 in San Diego, California. Apu Gomes | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything…
Oil field, Alberta, Canada Norm Betts | Bloomberg | Getty Images Oil prices are likely to fall in the longer run after the initial jump following President Donald Trump’s implementation of hefty tariffs on Canada, Mexico and China, said industry watchers. Over the weekend, Trump followed through on his long-threatened 25% tariffs on imports from…
An aerial view shows stored containers at the Balboa Port, operated by Panama Ports Company, as U.S. President Donald Trump plans to regain control of the Canal, in Panama City, Panama, February 1, 2025. Enea Lebrun | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors…
Shein and Temu icons are seen displayed on a phone screen in this illustration photo taken in Krakow, Poland on August 27, 2024. Jakub Porzycki | Nurphoto | Getty Images President Donald Trump’s tariffs against China, Canada and Mexico target a trade provision that helped fuel the explosive growth of budget online retailers, including Temu…
