Hours after US President Donald Trump signed an executive order imposing 25 per cent tariffs on almost everything the US imports from Canada, outgoing Canadian Prime Minister Justin Trudeau said he has no choice but to impose countermeasures. Canada’s PM Justin Trudeau looks on during a press conference while responding to US President Donald Trump’s…
President Donald Trump will implement tariffs Saturday on the three largest US trading partners — Canada, Mexico and China — saying there was nothing they could do to forestall him while vowing further levies on various industries. Trump has reiterated his plans for 25 percent tariffs on imports from neighboring Canada and Mexico, saying they…
Newly appointed US president Donald Trump announced plans to impose 25 percent tariffs on imports from the two major US trading partners, Canada and Mexico starting from February 1.He accused the two nations for not failing to tackle illegal immigration and the flow of narcotics into the United States, and pledged to use tariffs extensively…
There is no chance that BRICS will replace the US Dollar in International Trade, said Trump (File) US President-elect Donald Trump on Saturday demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar or face 100% tariffs. “We require a commitment from…
U.S. shares joined the global market frenzy on Friday, setting the stage for Wall Street’s largest monthly gain in a year. Investors are hopeful amid post-election growth prospects, even as thin trading followed the Thanksgiving holiday with early closures on Wall Street and Treasury markets. The S&P 500 and Nasdaq Composite showed promising gains,…
Topline Chinese Embassy officials in the U.S. warned Monday that a trade war between the two countries would have no winners, after President-elect Donald Trump reiterated his plans to impose additional tariffs on Chinese imports. U.S. President-elect Donald Trump speaks at a House Republicans Conference meeting at the Hyatt … [+] Regency on Capitol Hill…
With U.S. President-elect Donald Trump’s promise of a massive 60% tariff on Chinese imports, Taiwan’s government braces to support its firms as they consider leaving China. Taiwan’s Economics Minister Kuo Jyh-huei outlines plans to help companies shift production and minimize impact on Taiwan’s critical tech and electronics sectors. As Trump targets Chinese-made goods with hefty…