In a bold move, Canada will impose a 25% tariff on US-made vehicles in retaliation against Trump's import taxes. This decision targets non-compliant vehicles under the USMCA, impacting the automotive sector significantly.
A recent survey indicates that a significant majority of Western Europeans support retaliatory tariffs against the US if Trump imposes new import duties. This could escalate into a trade war affecting major sectors like automotive and luxury goods.
A comprehensive analysis reveals the extensive reach of retaliatory tariffs imposed by China, Canada, and the EU, impacting over 4,000 U.S. product categories and thousands of jobs.
Tesla has issued a stark warning to the Trump administration about the potential repercussions of the ongoing trade war, stating that retaliatory tariffs could massively impact EV production costs and competitiveness.
In a strong response to the U.S. tariffs on steel and aluminum, the EU has announced retaliatory measures affecting $28 billion worth of U.S. imports, straining transatlantic relations and raising economic concerns.
In a bold response to Trump's steel and aluminum tariffs, the EU and Canada announced retaliatory measures targeting billions in U.S. exports, including bourbon and motorcycles. Can this trade war be avoided?
In a bold move against U.S. tariffs, Canada is set to announce C$29.8 billion in retaliatory measures. As Prime Minister Trudeau prepares to transition power to Mark Carney, tensions rise in the ongoing trade conflict.
Chinese tariffs up to 15% on US agricultural goods are now in effect, raising concerns about escalating trade tensions between the US and China. What does this mean for farmers and global trade?
Despite President Trump's temporary delay on tariffs, Canada is not backing down. With retaliatory tariffs in place and a looming trade war, tensions between the two nations intensify as both sides prepare for a turbulent economic future.
