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President Trump’s sweeping tariffs on foreign steel and aluminum went into effect on Wednesday, inviting immediate retaliation from the European Union and escalating tensions with other trading partners reeling from his on-and-off approach to steep trade penalties. Mr. Trump’s tariffs of 25 percent hit metal imports from every country that sells steel and aluminum to…
European Union leaders have been clear that they want to negotiate with the United States on trade to avoid a full-blown conflict. But with no deal in sight, officials announced a plan on Wednesday that is meant to hit back hard as steel and aluminum tariffs come into effect. President Trump has imposed 25 percent…
President Trump’s sweeping tariffs on foreign steel and aluminum went into effect on Wednesday, escalating America’s trade spats with global competitors, including close allies already reeling from his on-and-off approach to trade penalties. Mr. Trump’s tariffs of 25 percent on the metals hit imports that enter the United States from any country in the world….
Fears over the future health of the global economy are continuing to rattle markets around the world, as President Trump’s resolute commitment to hold the line on tariffs fueled investor concerns about inflation and a pullback in consumer spending. After the S&P 500 suffered its worst day of the year on Monday, the sell-off continued…
Mark Carney, Canada’s soon-to-be prime minister, weathered two era-defining implosions in his career as a central banker: the 2008 global financial crisis and Brexit. He has dealt with political chaos, societal upheaval and economic meltdown. Now he faces what is arguably the challenge of a lifetime: Donald J. Trump. Can Mr. Carney negotiate with Mr….
Mark Carney, a former central banker, swept to the leadership of Canada’s Liberal Party on Sunday and will become prime minister at a critical moment for the country, which is facing threats to its economy and sovereignty from President Trump. Mr. Carney, who has never been elected to public office, was governor of the Bank…
Beijing began imposing tariffs on Monday on many farm products from the United States, for which China is the largest overseas market. It is the latest escalation of a trade fight between the world’s two largest economies. The Chinese government announced the tariffs last week, shortly after President Trump raised tariffs on Chinese products for…
Amid a generational crisis in Canada’s relationship with the United States, the Liberal Party of Canada on Sunday chose an unelected technocrat with deep experience in financial markets to replace Justin Trudeau as party leader and the country’s prime minister, and to take on President Trump. Mark Carney, 59, who steered the Bank of Canada…
Two friends from Alberta, both with strong careers overseas and similar backgrounds — Harvard and Oxford graduates, members of the liberal global elite — are vying to replace Justin Trudeau as leader of the Liberal Party and of the country just as Canada faces a generational crisis because of the Trump administration’s tariffs and sovereignty…
China announced tariffs of up to 100 percent on canola, pork and other foods from Canada on Saturday, in retaliation for Canada’s decision last August to collect steep taxes on imports of Chinese electric vehicles, steel and aluminum. The Chinese tariffs, which take effect on March 20, were also a clear warning to Canada —…
