US President Donald Trump reportedly urged European Union officials on Tuesday to hit China with tariffs of up to 100% in a bid to pressure Russian President Vladimir Putin, said a US official and an EU diplomat. According to Reuters,Trump also encouraged the European Union to slap India with similarly expansive tariffs, said the official,…
China has pushed back against US President Donald Trump’s threat to impose an additional 10 percent tariff on Brics nations, saying the bloc is not seeking confrontation and warning that tariff measures serve no constructive purpose.Responding to Trump’s remarks, the Chinese foreign ministry said on Monday, “The use of tariffs serves no one,” and reiterated…
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…