US President Donald Trump and Chinese counterpart Xi Jinping are expected to hold direct talks after announcing tit-for-tat tariffs in an escalating trade war, US officials said Tuesday.Beijing said it was imposing levies on imports of US energy, vehicles and equipment in a return salvo minutes after Trump’s threatened tariffs on Chinese goods came into …
Stock markets managed to push higher on Tuesday but investors braced for volatility in the coming weeks as President Donald Trump pressed on with tariffs against China after delaying duties on Mexican and Canadian imports.The hesitant trading came after heavy selling Monday following Trump’s weekend announcement of the tariffs, before later offering a reprieve for …
Stocks recover but US tariff threats keep gains in check Read More »
The trade war may be on hold, but in a Canadian border city where the unhindered flow of auto parts across the bridge to Detroit supports thousands of jobs, the future remains uncertain.When Prime Minister Justin Trudeau announced Monday that punishing US import tariffs threatened by President Donald Trump had been delayed a month, the …
Despite tariff reprieve Canadians worry ‘damage already done’ to US ties Read More »
Stock markets wavered on Tuesday, with investors bracing for volatile trading in the coming weeks as President Donald Trump pressed on with tariffs against China after delaying duties on Mexican and Canadian imports.Oil prices retreated as Beijing announced retaliatory tariffs against US products, including hydrocarbons, shortly after US levies came into force on Tuesday.”Chinese imports …
They’re booing the American national anthem, canceling holidays in the United States, and boycotting American products: Canadians are responding to US President Donald Trump’s tariff threats with anger and patriotic spending.”What Donald Trump is doing to Canada, I find it completely disgusting,” says Huguette Beaudoin.Wandering the aisles of a Montreal supermarket, the 80-year-old stops to …
With boos and boycotts, Canadians voice displeasure with Trump Read More »
After China announced retaliatory tariffs against the United States, walkers along Shanghai’s waterfront were stoic Tuesday in face of both the cold and the prospect of an escalating trade war.The tariffs on US energy, vehicles and equipment were unveiled minutes after additional levies on Chinese goods announced Saturday by US President Donald Trump came into …
Ordinary Chinese stoic in the face of escalating US trade war Read More »
Stock markets mostly rebounded and there strong gains for Mexico’s peso and Canada’s dollar Tuesday after Donald Trump said he would delay tariffs on imports from the US neighbours.It did little to soothe trade war worries, however, as Beijing announced levies on some imports of US goods in retaliation for tariffs on items arriving from …
Stocks rebound, dollar dips as Trump delay tariffs Read More »
China has made good on its threats to retaliate in the escalating trade war with the United States, imposing tariffs on American imports of energy, cars and machinery parts. That came just minutes after a 10 percent tariff hike on Chinese goods, announced by US President Donald Trump on Saturday, came into effect.Here’s the state of …
China said Tuesday it would impose tariffs on imports of US energy, vehicles and equipment, firing a return salvo in an escalating trade war between the world’s two biggest economies.US President Donald Trump on Saturday announced sweeping measures against major trade partners Canada and Mexico, with goods from China hit with an additional 10 percent …
China imposes tariffs on US energy, autos in trade war retaliation Read More »
Asian equities rose with the Mexican peso and Canadian dollar Tuesday after Donald Trump said he would delay the imposition of stiff tariffs on imports from the US neighbours, soothing trade war worries for now.But early euphoria was tempered after China announced levies on some imports of US goods as Washington’s measures kicked in, with …
Asian stocks and peso rise on Trump’s Mexico, Canada tariff delay Read More »
