Trump's tariffs on Canada, Mexico and China could mean higher inflation and economic disruption

Trump’s tariffs on Canada, Mexico and China could mean higher inflation and economic disruption

PALM BEACH, Fla. (AP) — New trade penalties against Canada, Mexico and China that President Donald Trump plans to impose Saturday represent an aggressive early move against America’s three largest trading partners, but at the risk of higher inflation and possible disruptions to the global economy. In Trump’s view, the 25% tariffs against the two…

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Will Chinese President Xi Jinping attend inauguration at Trump’s invitation?

Will Chinese President Xi Jinping attend inauguration at Trump’s invitation?

There is no record of any Chinese heads of state joining a US presidential transition ceremony. Since becoming China’s paramount leader, Xi has never attended such events personally in foreign countries, instead sending a special representative or envoy. Meanwhile, it would generally take rounds of preparation for a Chinese president to visit the United States,…

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Canada's Trudeau says he had an 'excellent conversation' with Trump in Florida after tariffs threat

Canada’s Trudeau says he had an ‘excellent conversation’ with Trump in Florida after tariffs threat

WEST PALM BEACH, Fla. – Canadian Prime Minister Justin Trudeau said Saturday he had an “excellent conversation” with Donald Trump at his Mar-a-Lago club after the president-elect’s threat to impose significant tariffs on two of America’s leading trade partners raised alarms in Ottawa and Mexico City. It was unclear, as Trudeau headed back to Canada…

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Canada examining tariffs on certain US items following Trump's tariff threat

Canada examining tariffs on certain US items following Trump’s tariff threat

TORONTO (AP) — Canada is already examining possible retaliatory tariffs on certain items from the United States should President-elect Donald Trump follow through on his threat to impose sweeping tariffs on Canadian products, a senior official said Wednesday. Trump has threatened to impose tariffs on products from Canada and Mexico if the countries don’t stop…

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Mexico to renew food price control measures

Mexico to renew food price control measures

MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum said on Monday that she would renew an agreement with food producers and retailers to keep the price of a set of basic groceries affordable for consumers. The measure had been rolled out by her predecessor, former President Andres Manuel Lopez Obrador, in 2022 as inflation was the…

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