Tag: Canada

Donald Trump gestures at Turning Point USA's AmericaFest in Phoenix, Arizona, U.S.
DISPUTES

Trump prepares to implement reciprocal tariffs amid escalating concerns over a trade war

Donald Trump’s trade advisors were finalizing plans on Wednesday for the reciprocal tariffs that the U.S. president has pledged to implement against any country imposing duties on American imports, escalating concerns about a potential global trade conflict. In a separate development, trade ministers from the 27-member European Union were scheduled to convene later via videoconference to discuss their strategy in response to European Commission President … Continue reading Trump prepares to implement reciprocal tariffs amid escalating concerns over a trade war

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U.S. President Donald Trump looks on as he signs an executive order in the Oval Office at the White House in Washington,.
DISPUTES

EU, Canada, and Mexico disapprove of Trump’s steel and aluminum tariff increase

Mexico, Canada, and the European Union expressed their disapproval on Tuesday regarding U.S. President Donald Trump‘s announcement to implement tariffs on all steel and aluminum imports starting next month, a decision that has heightened concerns about a potential trade conflict. On Monday, Trump signed proclamations that increased the U.S. tariff on aluminum from 10% to 25%, while also removing country-specific exemptions and quota agreements, along … Continue reading EU, Canada, and Mexico disapprove of Trump’s steel and aluminum tariff increase

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Commercial trucks cross the Lewiston-Queenston Bridge border crossing into the United States.
TOP STORIES

There is a strategic rationale behind Trump’s approach to tariffs

Many individuals find themselves perplexed by President Donald Trump’s tariff strategy. Trump and his economic advisors have issued numerous conflicting statements regarding the justification for these tariffs, leaving American multinational corporations uncertain in their planning and foreign nations unsure of how to engage in negotiations. He imposed significant import taxes on Canada and Mexico, only to delay their implementation for a month in exchange for … Continue reading There is a strategic rationale behind Trump’s approach to tariffs

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U.S. President Donald Trump speaks to reporters before signing a proclamation renaming the Gulf of Mexico to the Gulf of America, while flying over the gulf aboard Air Force One en route to New Orleans to attend the Super Bowl.
TOP STORIES

Trump is set to declare a 25% tariff on steel and aluminum as part of the latest escalation in trade tensions

U.S. President Donald Trump announced on Sunday his intention to implement new tariffs of 25% on all steel and aluminum imports into the United States, in addition to the existing duties on metals, marking a significant escalation in his trade policy reforms. While en route to the NFL Super Bowl in New Orleans, Trump addressed reporters aboard Air Force One, stating that he would unveil … Continue reading Trump is set to declare a 25% tariff on steel and aluminum as part of the latest escalation in trade tensions

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TOP STORIES

Trudeau informs business leaders that Trump’s proposal to annex Canada is a genuine concern

Canadian Prime Minister Justin Trudeau addressed a business conference on Friday, stating that US President Donald Trump’s suggestion of annexing Canada “is a real thing,” as confirmed by two Canadian business leaders present at the event to CNN. Trudeau’s remarks, initially reported by the Toronto Star, were inadvertently captured by an open microphone when he assumed the media had exited the venue. “Mr. Trump seems … Continue reading Trudeau informs business leaders that Trump’s proposal to annex Canada is a genuine concern

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Chinese President Xi Jinping
TOP STORIES

Trump is not rushing to engage in discussions with Xi as a new tariff conflict unfolds

U.S. President Donald Trump stated on Tuesday that he is not rushing to engage in discussions with Chinese President Xi Jinping regarding the escalating trade tensions between the two largest economies, which have been triggered by his broad 10% tariffs on all imports from China. In response, China implemented targeted tariffs on U.S. goods and issued warnings to several companies, including Google, regarding potential sanctions, … Continue reading Trump is not rushing to engage in discussions with Xi as a new tariff conflict unfolds

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TOP STORIES

Trump’s backtrack on tariffs offers important insights

There are two key considerations to keep in mind when evaluating Donald Trump’s presidencies. Firstly, the image of a strong commander in chief is paramount. Secondly, appearances can be deceiving. Trump’s signature political strategy is evident in his second term, shedding light on the perplexing turmoil, brinkmanship, and theatrics surrounding his tariff conflict with Canada and Mexico. The implementation of 25% tariffs on imports from … Continue reading Trump’s backtrack on tariffs offers important insights

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TOP STORIES

China retaliates by imposing tariffs on American products following Trump’s introduction of new levies

On Tuesday, China implemented tariffs on certain U.S. imports in a rapid reaction to the newly imposed U.S. duties on Chinese products, reigniting a trade conflict between the two largest economies. This development occurred even as President Donald Trump extended temporary relief to Mexico and Canada. A new 10% tariff on all Chinese imports entering the U.S. took effect at 12:01 a.m. ET on Tuesday … Continue reading China retaliates by imposing tariffs on American products following Trump’s introduction of new levies

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President-elect Donald Trump speaks at Turning Point USA's AmericaFest in Phoenix, Arizona, U.S.
TOP STORIES

U.S. tariffs on Mexico will be suspended for one month, according to President Trump

U.S. President Donald Trump announced a one-month suspension of new tariffs on Mexico after the country agreed to deploy 10,000 National Guard members to its northern border to combat the influx of illegal drugs, particularly fentanyl. This information was shared by Trump on social media on Monday. Mexican President Claudia Sheinbaum noted that the agreement also entails a commitment from the U.S. to take measures … Continue reading U.S. tariffs on Mexico will be suspended for one month, according to President Trump

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Danish Prime Minister Mette Frederiksen
DIPLOMACY

Danish Prime Minister urged the EU to respond decisively to potential U.S. tariffs on its exports

The European Union will have to take decisive action if the United States enacts tariffs on its exports, Danish Prime Minister Mette Frederiksen cautioned on Monday. US President Donald Trump has threatened to impose tariffs on the EU unless the bloc significantly reduces its trade deficit by increasing its imports of American oil and gas. On Friday, Trump reiterated his stance, asserting that he is … Continue reading Danish Prime Minister urged the EU to respond decisively to potential U.S. tariffs on its exports

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