US President Donald Trump has said his administration will “soon” impose reciprocal tariffs on countries such as India and China, reiterating what he had said during Prime Minister Narendra Modi’s recent visit to the US capital. Trump was speaking at the swearing-in of Commerce Secretary Howard Lutnick on Friday (local time) when he made the…
Inflation figures released on Feb. 12, 2025, will come as a disappointment to Americans who hoped President Donald Trump would be true to his word on bringing down prices “on Day One.” It will also put pressure on the new administration to be wary of policies that may heat up inflation – and that includes…
Trump announced an extra 10 per cent tariff on Chinese goods last week. He threatened more duties if Beijing retaliated. But Xi remained undeterred and unveiled extra 10-15 per cent duties on US energy exports and farm equipment read more The risk of another full-blown trade war between China and the US seems just a…
US President Donald Trump has imposed tariffs of 25 percent on Canadian and Mexican imports as well as an additional 10% tax on Chinese goods would come into force on Tuesday. Canadian energy faces a lower 10% tariff. Canada, Mexico and China have vowed to respond to sweeping new tariffs to their exports to the…
U.S. President Donald Trump’s sweeping tariffs — 25% on imports from Canada and Mexico, and an additional 10% on goods from China — are set to roil supply chains for products ranging from automobiles to avocados — with industries girding for cost increases. U.S. imports from Canada and Mexico covered nearly $900 billion in goods…
US President Donald Trump US President Donald Trump announced sweeping new tariffs on imports from Mexico and China, a move that has triggered sharp reactions from global leaders and financial markets. The tariffs, which Trump says are aimed at protecting American workers and industries, have sparked fears of economic retaliation from affected countries.Stock markets responded…
On Saturday, US President Donald Trump imposed 25% tariffs on imports from Canada and Mexico, and 10% on goods from China. The move risks triggering a new trade war, which economists warn could hamper global growth and fuel inflation. Also Read: Donald Trump’s ‘sales pitch for Canada to join’ US as 51st state: ‘Big tax…
US President Donald Trump will slap 25% tariffs on Mexico, 25% on Canada, and 10% on China, declared the White House. The duties will into effect on Saturday, February 1. Canadian Prime Minister Justin Trudeau admitted that Trump tariffs would cause hardships for Canadian businesses and consumers in the future.(AFP / Jim Watson) Trump, on…
The global economy is bracing for impact as US President Donald Trump’s deadline to impose sweeping tariffs on the three largest US trading partners — Canada, Mexico and China — draws near. Trump said shortly after taking office that he planned to introduce 25 percent tariffs on neighbors Canada and Mexico on February 1, unless…
In This Story President Donald Trump is set to slap Mexico and Canada, two of the U.S.’s top three trade partners, with 25% tariffs on all imports as soon as Saturday. But he’s eyeing a carve-out for one of his favorite products: oil. What DeepSeek’s AI breakthrough means for Meta, OpenAI, and Nvidia “Oil is…