Tag: Trump tariff

U.S. President Trump launches ‘reciprocal tariffs’ targeting allies and adversaries

February 13, 2025 admin

US President Donald Trump | Photo Credit: AFP US President Donald Trump announced plans Thursday for sweeping “reciprocal tariffs” hitting both allies and competitors, in a dramatic escalation of an international trade war that economists warn could fuel inflation at home. Speaking in the Oval Office, Trump said he had decided to impose the reciprocal…

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What Are Reciprocal Tariffs And Who Might Be Affected?

February 12, 2025 admin

Washington, United States: US President Donald Trump has threatened to open new fronts in his tariffs war by announcing reciprocal levies on other countries as soon as Tuesday, branding this “the only fair way” to trade. Trump’s fresh salvo could bring a broad tariff hike to emerging market economies like India and take aim at…

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EU slams Trump tariffs, says will ‘respond firmly’ if targeted

February 2, 2025 admin

Brussels had until now indicated it hoped to avoid a trade conflict with Mr. Trump through negotiation. File | Photo Credit: Reuters The European Union on Sunday (February 2, 2025) blasted U.S. President Donald Trump’s sweeping tariffs on Canada, Mexico and China, and said the 27-nation bloc would hit back “firmly” if targeted. Brussels had…

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Canadian PM Trudeau’s Emotional Message To Americans After Trump Tariffs

February 2, 2025 admin

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…

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Canada’s Tit-For-Tat Move, China’s “Countermeasure” Vow After Trump Tariffs

February 2, 2025 admin

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…

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Donald Trump Fires “Tremendous Tariff-Maker” Warning At India, China

January 28, 2025 admin

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…

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Trudeau’s Sharp Retort To Trump’s Idea Of Merging Canada, US

January 8, 2025 admin

Ottawa: Canadian Prime Minister Justin Trudeau on Tuesday hit back at US President-elect Donald Trump’s threat to use “economic force” to absorb Canada into the United States, saying there is no possibility of merging countries. “There isn’t a snowball’s chance in hell that Canada would become part of the United States,” Mr Trudeau wrote on…

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Donald Trump’s Tariff Talk Spurs Global Jitters, Countries May “Retaliate”

November 28, 2024 admin

Donald Trump’s tariff threats have rattled foreign businesses and governments, with many fearing it could signal the opening salvo of an all-out trade war when he returns to the White House next year. The president-elect on Monday placed both allies and rivals on notice, vowing to quickly slap an across-the-board tariff of 25 percent on…

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China As Donald Trump Vows Big Import Tariffs

November 26, 2024 admin

Trump is intending to impose 25% tariffs on goods from Mexico, Canada. Beijing: China warned Tuesday that “no one will win a trade war” after US President-elect Donald Trump vowed to impose sweeping tariffs on goods from China and elsewhere in response to illegal drug trade and immigration. “China believes that China-US economic and trade…

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