Doug Price Donald Trump’s talk of applying new tariffs to goods from America’s biggest trade partners has sparked months of uncertainty for business owners. On Saturday, the president made good on his threats, ordering a new 25% tax on shipments from Mexico and Canada and raising existing tariffs on goods from China by 10%. But…
US President Donald Trump has announced sweeping new tariffs on all goods imported from America’s three largest trading partners, China, Mexico and Canada. Trump said the US would impose tariffs of 25% on Canada and Mexico, and 10% on China. Canadian energy faces a lower 10% tariff. He had threatened to impose the import taxes…
It was not a bluff, the tariffs are here – and this is just the opening salvo from the Oval Office. The world trading system has not been here before. A slide towards a wider trade conflict is very much on the cards, as President Trump prepares similar tariffs firstly against Europe, and then at…
U.S. President Donald Trump signs executive orders in the Oval Office at the White House in Washington, U.S., Jan. 30, 2025. Elizabeth Frantz | Reuters In an apparent ending to weeks of intense speculation, the White House confirmed Friday that President Donald Trump will be leveling aggressive tariffs this weekend on major U.S. trading partners….
U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024. Brandon Bell | Via Reuters President Donald Trump campaigned on a promise to slap tariffs on goods from many top trading partners. Elon Musk’s electric vehicle company may…
The possibility of a trade war erupted on Sunday between the United States and Colombia that could make coffee, flowers and raw materials more expensive for Americans, while U.S. corn growers and chemical companies could find billions of dollars in sales at risk. Relations between the two countries quickly deteriorated after the South American country…
Reuters Colombian President Gustavo Petro says migrants are not criminals and should be treated with “dignity” US President Donald Trump has said he will impose 25% tariffs and sanctions on Colombia after its president barred two US military planes carrying deported migrants from landing in the country. Trump said the emergency tariffs “on all goods”…
(The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a video above at that time.) WASHINGTON — President Donald Trump addressed the World Economic Forum in Davos, Switzerland, virtually on Thursday, his first major appearance at an international event since he returned to the White House…
Jamie Dimon, JPMorgan Chase’s chief executive, repeatedly warned about tariffs during President Trump’s first term. They were a threat to the economy, he said several times in 2018, and “wouldn’t be a positive,” he said in 2019. Now, two days into Mr. Trump’s second term, Mr. Dimon has called tariffs a valuable “economic weapon.” “If…
A trade war is not in the interest of the European Union or the U.S., Spain’s prime minister told CNBC Wednesday. “We share a strong transatlantic bond … our economies are very interlinked and I believe a trade war is not in the interest [of either party], neither for the U.S., neither for the European…
