Washington, United States: President Donald Trump delayed the start of tariffs on Mexico and Canada for a month Monday after the US neighbors struck last-minute deals to tighten border measures against the flow of migrants and the drug fentanyl. Global stock markets had slumped as Trump’s threat of sweeping 25 percent levies on exports from … Read more
New Delhi: India does not want to give any signal that it is protectionist, the top bureaucrat in the finance ministry said, after slashing import duties on high-end motorcycles, amid US President Donald Trump’s moves on tariffs. Sunday’s remarks came a day after Trump ignited a trade war with sweeping tariffs on Canada, Mexico and … Read more
Ottawa: After US President Donald Trump signed an executive order imposing 25 per cent tariffs on almost everything imported from Canada, outgoing Canadian Prime Minister Justin Trudeau offered a reminder to Americans that his country has been at their side in the “darkest hours” — be it Iran hostage crisis and war in Afghanistan, or … Read more
New Delhi: Canada’s Prime Minister Justin Trudeau and Mexico’s President Claudia Sheinbaum were quick to respond to US President Donald Trump’s tariffs with their own measures, with the tit-for-tat moves likely to impact global supply chains significantly. Trudeau said Canada will impose 25 per cent tariffs on Canadian $155 billion in US imports, adding that … Read more
Braslia: Brazilian President Luiz Inacio Lula da Silva said Thursday that if US counterpart Donald Trump hiked tariffs on Brazilian products, he would reciprocate — but that he would prefer improved relations over a trade war. The Latin American giant is one of the countries that Trump has threatened with higher tariffs. “It’s very simple: … Read more
Washington, United States: When President Donald Trump learned Colombia had pushed back on US deportations, his threat of a massive trade war laid out the stakes: cooperate, or else. Tariffs, just as they were during his first term from 2017 to 2021, are Trump’s weapon of choice on the global stage. While it may be … Read more
New Delhi: Donald Trump on Tuesday denounced India, China, and Brazil as “tremendous tariff-maker(s)” and said his government would not allow the three to continue down this path, declaring, “… we’re not going to let that happen any longer because we’re going to put America first.” Speaking to House Republicans at a Florida retreat, the … Read more
Davos, Switzerland: US President Donald Trump issued a blunt warning to global elites in a video message to the World Economic Forum on Thursday: Make your product in the United States or pay tariffs.Beamed on a giant screen in the Swiss Alpine village of Davos, Trump received a loud round of applause from political and … Read more