In a bold move, President Trump has announced a 30% tariff on the European Union and Mexico starting August 1, marking a significant shift in U.S. trade policy. This decision, part of his 2024 campaign strategy, aims to address long-standing trade deficits and reshape international relations. As both allies and adversaries brace for potential repercussions, experts warn of an impending trade war that could reshape the global economic landscape.
In a bold move, Trump threatens tariffs on goods not complying with USMCA, criticizing Canada for drug smuggling. With deadlines looming, will a new trade deal be reached?
This week marks a critical point in Trump's tariff policy as he pushes back deadlines and imposes steep taxes on imports. Discover how these changes could impact the economy and international trade relations.
A new trade deal allows British carmakers to export 100,000 vehicles to the US at a lower tariff rate than their North American counterparts. This raises concerns among American automakers who fear it could set a precedent for future trade agreements.
In a surprising turn of events, Trump claims he wants to be friends with Canada during his meeting with Prime Minister Mark Carney, who firmly rejects the idea of Canada becoming the 51st state. Will their relationship truly improve or is this just a facade?
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.
In a surprising move, Trump has paused tariffs on auto companies until April 2, igniting debates among industry leaders. While some support the decision, others warn of chaos and costs. What’s next for the UAW and the auto sector?
President Trump hints at escalating tariffs on Canadian and Mexican goods while discussing the potential for a recession in 2025. Will his policies ignite a trade war?
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.
President Trump has expanded his tariff pause on goods from Canada and Mexico, impacting the U.S. markets negatively. With layoffs surging and Bitcoin initiatives underway, what does this mean for the economy?
