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EU flags flutter in front of European Central Bank (ECB) headquarters in Frankfurt, Germany July 18, 2024. Jana Rodenbusch | Reuters European leaders are gathering Monday to discuss how to finance huge investments in defense — but the latest moves by U.S. President Donald Trump will loom large over the meeting. Over the weekend, Trump…
Markets around the world braced for volatile trading on Monday as investors began to assess the potential fallout from President Trump’s announcement of tariffs on Mexico, Canada and China. On Monday, markets in Japan and South Korea were more than 2 percent lower. The Taiwan Stock Exchange weighted index slumped around 4 percent. Overnight trading…
The United States and its biggest trading partners were hurtling on Sunday into a new era of protectionism as Canada, Mexico and China said they would adopt countermeasures against new tariffs levied by President Trump. From honey to tomatoes, and from clothes to toilet bowls, a wide range of American goods that cross the border…
Almost all automakers are going to feel a pinch from the new tariffs imposed by President Trump on Saturday on goods imported from Canada, Mexico and China. Auto manufacturers ship tens of billions of dollars worth of finished automobiles, engines, transmissions and other components each week across the U.S. borders with Canada and Mexico. Billions…
Canadian, Mexican and Chinese flags. Nurphoto | Nurphoto | Getty Images U.S. President Donald Trump on Saturday imposed long-threatened tariffs on imports from Canada, Mexico and China — and it didn’t take long for the countries to respond. Trump signed an order slapping 25% tariffs on goods from Mexico and Canada, and a 10% duty…
US President Donald Trump on Saturday ordered 25 per cent tariffs on Canadian and Mexican imports and 10 per cent on goods from China, citing a “major threat” by “illegal aliens” and drugs, a move that invited retaliation from Ottawa and Mexico City. Top Points On Donald Trump’s Tariffs: Donald Trump signed three separate executive…
A car carrier trailer waits in line next to the border wall before crossing to the United States at Otay commercial port in Tijuana, Baja California state, Mexico, on Jan. 22, 2025. Guillermo Arias | AFP | Getty Images DETROIT — Tariffs announced Saturday by the Trump administration of 25% on goods from Canada and Mexico as…
President Trump on Saturday signed executive orders imposing sweeping tariffs on the country’s three largest trading partners, a move that risks unleashing a damaging trade war. Trade wars were a feature of Mr. Trump’s first term in the White House, too. But his latest tariffs on Canada, Mexico and China, which are set to take…
Mexico’s pitch to companies considering the American market was simple. Worried about vulnerable supply chains? Need to reduce your reliance on China? Want an inexpensive spot close to the United States with favorable trade rules? Try Mexico. Thousands of companies, from family enterprises to powerhouse brands, in Asia, Europe and elsewhere have done just that…
President Trump on Saturday ordered 25 percent tariffs on all Mexican exports to the United States and a similar levy on all Canadian goods, except for a 10 percent tariff on Canadian energy. His move sent shock waves through both nations, whose leaders have warned that the tariffs will harm all three countries and disrupt…
