Try as it might to appease President Donald Trump, Canada remains a prized target in his trade wars and subject to the whiplash of his changes of heart.The giant North American neighbors are rushing to conclude a new trade accord by July 21 but the process is proving painful for Canada.Overnight Thursday, Trump threatened to …
European and US stock markets retreated Friday as US President Donald Trump ramped up his trade offensive, threatening a 35-percent levy on Canada.Trump dampened earlier optimism by firing off more than 20 letters to governments outlining new tariffs if agreements are not reached by August 1.Bitcoin meanwhile pushed on with its climb, reaching an all-time …
Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said in a late-night letter to Prime Minister Mark Carney that upends negotiations between the close allies.The notice was the latest of more than 20 such letters Trump has issued since Monday as he continues to …
Trump threatens Canada with higher tariff, mulls further global levies Read More »
Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said Thursday in a letter to Prime Minister Mark Carney.It was the latest of more than 20 such letters issued by Trump since Monday, as he continues to pursue his trade war threats against dozens of …
Trump threatens Canada with 35 percent tariff rate starting Aug 1 Read More »
China’s economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump’s trade war could cause a sharp slowdown in the final six months.The world’s second-largest economy is fighting a multi-front battle to sustain growth, a challenge made more difficult by …
China’s economy likely grew 5.2% in Q2 despite trade war: AFP poll Read More »
Stocks mostly rose Friday in Asia, tracking records in New York and London, as investors absorbed US President Donald Trump’s latest tariff salvos amid optimism that most countries will strike a deal to avoid the worst of his levies.The US president has ramped up his trade war in the past week by firing off more …
Traders brush off new Trump threats to extend stocks rally Read More »
Fri, 11 Jul 2025 03:07:47 GMT
US President Donald Trump has announced a 50 percent tariff on Brazilian imports as he accused the country’s leftist leadership of orchestrating a “witch hunt” against his right-wing ally, former leader Jair Bolsonaro.In a letter Wednesday to counterpart Luiz Inacio Lula da Silva, Trump insisted that Bolsonaro’s trial — for allegedly plotting a coup to …
As President Donald Trump ramps up tariff threats on US trading partners, his administration is taking aim at a tactic said to be used by Chinese companies to dodge the levies by moving goods through third countries.The issue is “transshipping,” or having products pass through a country to avoid harsher trade barriers elsewhere, a practice …
US targets attempts to dodge Trump tariffs with China in crosshairs Read More »
Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said Thursday in a letter to Prime Minister Mark Carney.It was the latest of more than 20 such letters issued by Trump since Monday, as he continues to pursue his trade war threats against dozens of …
Trump says Canada to face 35 percent tariff rate starting Aug 1 Read More »
