The European Union released a lengthy list Wednesday of U.S. goods, from Kentucky bourbon to household appliances, slated for retaliatory tariffs in response to President Donald Trump’s taxes on steel and aluminum imports that went into effect overnight. The 27-nation bloc announced late Tuesday it plans to impose the countermeasures …
Read More »Trump Defends Tariff Plans Amid Business Concerns and Recession Risks
President Donald Trump is brushing off concerns from business leaders over his planned tariffs on major U.S. trading partners, dismissing fears of economic uncertainty and the potential for a recession. Despite market turmoil and warnings from economists, Trump remains firm on his approach, asserting that the policy will ultimately benefit …
Read More »Trump Walks Back Tariffs On Some Products From Mexico and Canada
President Donald Trump has granted temporary exemptions to sweeping tariffs imposed earlier this week on goods coming from Mexico and Canada, the White House announced Thursday. The decision comes after intense pushback from businesses and investors concerned about the economic impact of the new trade measures. The exemptions apply to …
Read More »Trump Grants U.S. Automakers One-Month Tariff Exemption
In a move to alleviate pressure on American automakers, President Donald Trump has granted a one-month exemption from the latest round of trade tariffs, White House press secretary Karoline Leavitt announced Wednesday. The decision follows discussions between Trump and executives from Ford, General Motors, and Stellantis, collectively known as the …
Read More »Trump Imposes Sweeping Tariffs on Canada, Mexico, and China
President Donald Trump has moved forward with sweeping tariffs on nearly all imports from Canada and Mexico, marking a major escalation in global trade tensions. The U.S. will begin collecting a 25% tariff on most goods and a 10% levy on Canadian energy products, while also increasing tariffs on Chinese …
Read More »Trump Imposes 25% Tariffs on Steel and Aluminum Imports
President Donald Trump signed an executive order Monday imposing 25% tariffs on all steel and aluminum imports into the United States, marking a significant escalation in his administration’s trade policy. “This is a big deal, the beginning of making America rich again,” Trump declared during the signing ceremony in the …
Read More »Trump Pauses Tariffs on Mexico and Canada for 30 Days Amid Border Security Negotiations
President Donald Trump announced Monday that he will pause planned tariffs on imports from Mexico and Canada for 30 days, as both nations take steps to address his concerns over illegal immigration and drug trafficking. The decision follows a tense few days of economic uncertainty, with investors, businesses, and political …
Read More »Trump Pauses Tariffs on Mexico for One Month After Talks with Sheinbaum
The Trump administration’s planned tariffs on Mexico have been put on hold for one month, Mexican President Claudia Sheinbaum announced Monday after a phone call with President Donald Trump. The agreement comes as Mexico commits to deploying 10,000 National Guard troops to the U.S.-Mexico border to curb illegal migration and fentanyl …
Read More »Trump’s New Tariffs on Mexico, Canada, and China: What It Means for U.S. Consumers and Businesses
President Donald Trump has announced a new wave of tariffs on America’s three largest trading partners—Mexico, Canada, and China—raising concerns about inflation, economic growth, and international trade relations. What Are Trump’s New Tariffs? ✅ 25% tariff on Mexican imports ✅ 25% tariff on Canadian imports ✅ 10% tariff on Chinese …
Read More »Trump’s Tariffs on Canada, Mexico, and China Spark Retaliation and Economic Uncertainty
Just hours after President Donald Trump signed executive orders imposing tariffs on imports from Canada, Mexico, and China, the three nations fired back with promises of retaliation, signaling a new chapter of economic and diplomatic turbulence. The sweeping tariffs—25% on Mexican and Canadian imports (excluding Canadian energy products, which will …
Read More »Trump to Impose Major Tariffs on Canada, Mexico, and China
President Donald Trump announced Friday that he will impose sweeping tariffs on imports from Canada, Mexico, and China starting Saturday, a move that could significantly impact U.S. consumers and businesses by driving up prices on key goods. The White House confirmed that goods from Canada and Mexico will face a …
Read More »Trudeau Warns Trump: Tariffs on Canada Will Hurt U.S. Economy
Canadian Prime Minister Justin Trudeau has warned President-elect Donald Trump that imposing a 25 percent tariff on Canadian imports would hurt not only Canada but also American families, as companies would be forced to raise prices on essential goods. Trudeau made the case during a dinner at Trump’s Mar-a-Lago estate …
Read More »Trump Threatens 100% Tariffs on BRICS Nations in Defense of U.S. Dollar
President-elect Donald Trump issued a stark warning Saturday, threatening 100% tariffs on a bloc of nine nations in the BRICS alliance if they attempt to undermine the U.S. dollar. Trump’s threat comes as BRICS nations—Brazil, Russia, India, China, South Africa, along with Egypt, Ethiopia, Iran, and the UAE—explore alternatives to …
Read More »Trudeau Meets Trump at Mar-a-Lago Amid Tariff Tensions
Canadian Prime Minister Justin Trudeau met with President-elect Donald Trump at his Mar-a-Lago estate Friday night amid heightened tensions over Trump’s proposal to impose sweeping 25% tariffs on Canadian goods. The dinner meeting, arranged by Canadian officials, aimed to ease trade concerns ahead of Trump’s looming executive order. According to …
Read More »Biden Criticizes Trump’s 25% Tariff Plan as “counterproductive”
President Joe Biden on Thursday rebuked President-elect Donald Trump’s announcement of 25% tariffs on imports from Canada and Mexico, calling the move damaging to diplomatic and economic relations. Speaking during a Thanksgiving visit to a fire station in Nantucket, Massachusetts, Biden urged Trump to reconsider. “I hope he rethinks it, …
Read More »