Webjet taken to court by ACCC, ASX hits new record close, Star suffers 'first strike' at AGM — as it happened
1 month, 1 week ago

Webjet taken to court by ACCC, ASX hits new record close, Star suffers 'first strike' at AGM — as it happened

ABC  

Earlier this week, US President-elect Donald Trump said he would impose 25% tariffs on goods imported from Canada and Mexico. According to Reuters news agency: Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if U.S. President-elect Donald Trump followed through with his proposed 25% across-the-board tariff, a move her government warned could kill 400,000 US jobs and drive up prices for US consumers. "If there are US tariffs, Mexico would also raise tariffs," Sheinbaum said during a press conference, in her clearest statement yet that the country was preparing possible retaliatory trade measures against its top trade partner. "It's a shot in the foot," Ebrard said of Trump's proposed tariffs, which appear to violate the USMCA trade deal between Mexico, Canada and the US. In a post on his Truth Social platform, Trump said Sheinbaum "agreed to stop migration through Mexico, and into the United States, effectively closing our Southern Border."

Trade Canada Trump Mexico Tariffs Sheinbaum Tariff Ebrard  ebrard  hits  star  court  strike  suffers  trump  close  migrants  record  sheinbaum  taken  trade  mexico  webjet  tariff  happened  tariffs  trumps  proposed

History of this topic

A battle is brewing over tariffs among Trump’s team
3 days, 18 hours ago

A battle is brewing over tariffs among Trump’s team

CNN  

CNN — President-elect Donald Trump is still pushing for universal tariffs on imports from overseas as his trade advisers are working to craft a strategy to translate his campaign pledges into policy, according to multiple people familiar with the matter. In private discussions, aides are still focused on drawing up plans that hew closely to the blanket tariffs Trump proposed …

Trump tariff threats trigger supply chain ‘freak out’
1 week, 5 days ago

Trump tariff threats trigger supply chain ‘freak out’

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President-elect Donald Trump’s continuing threats of massive tariffs are sparking …

“They better be careful”: Trump repeats tariff threats on EU
2 weeks, 3 days ago

“They better be careful”: Trump repeats tariff threats on EU

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Trump also said he informed Mexico and Canada that …

'Tariffs all the way!!!' Trump threatens allies in late-night comments
2 weeks, 6 days ago

'Tariffs all the way!!!' Trump threatens allies in late-night comments

Raw Story  

Donald Trump threatened to impose tariffs on U.S. allies in an overnight post demanding that the European Union close its trade gap. “I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas," Trump posted on Truth Social shortly after 1 a.m. "Otherwise, it …

Americans rush to buy cars, appliances before Trump's new tariffs
2 weeks, 6 days ago

Americans rush to buy cars, appliances before Trump's new tariffs

China Daily  

Americans are scrambling to stock up on cars, appliances and other big-ticket imports in anticipation of new tariffs from the Donald Trump administration, a spending spree that could reignite the very inflation buyers are hoping to avoid, reported The Washington Post on Thursday. "President-elect Trump has vowed to enact widespread tariffs as soon as he takes office in January, a …

The case for Donald Trump’s tariffs
4 weeks, 2 days ago

The case for Donald Trump’s tariffs

CNN  

New York CNN — President-elect Donald Trump views tariffs as a not-so-secret weapon — one that can be deployed to pressure friends and foes alike to address issues from drug trafficking and illegal immigration to threats to the dominance of the US dollar. Trump once dubbed himself “Tariff Man” and recently celebrated these import taxes as “the greatest thing ever …

Trump tariffs to harm growth: Experts
Trending News
1 month ago

Trump tariffs to harm growth: Experts

China Daily  

The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global impact of Trump's return …

Trump tariffs to harm growth: Experts
Top News
1 month ago

Trump tariffs to harm growth: Experts

China Daily  

US President-elect Donald Trump The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global …

Trump tariffs to harm growth: Experts
Top News
1 month ago

Trump tariffs to harm growth: Experts

China Daily  

US President-elect Donald Trump The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global …

Trump's tariffs signal 'shift to unilateralism'
1 month ago

Trump's tariffs signal 'shift to unilateralism'

China Daily  

FILE PHOTO: President-elect Donald Trump attends a campaign event, in Allentown, Pennsylvania, US, Oct 29, 2024. Since more migrants and drugs enter the US from Mexico than from Canada, "it will be harder for Mexico to meet Trump's conditions to take his tariffs off", Kirton said. "It's a bigger, broader shift to US unilateralism and isolationism than Trump unleashed in …

'Significant consequences': Major bank comes out swinging against Trump’s latest plan
Trending News
1 month, 1 week ago

'Significant consequences': Major bank comes out swinging against Trump’s latest plan

Raw Story  

Critics of President-elect Donald Trump's proposal for aggressive new tariffs were hoping he would back down from that idea — but he announced this week that he plans to move forward as soon as he is sworn into office — and proposed 25% across-the-board tariffs on all goods imported into the United States from Mexico and Canada. "The 25% levy …

Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan, will American wallets suffer?
1 month, 1 week ago

Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan, will American wallets suffer?

Hindustan Times  

Jimmy Kimmel has laid out a potential flaw in president-elect Donald Trump’s plan to impose a 25% tariff on all imports from Canada and Mexico on the day he takes office. Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan However, Kimmel has pointed out that some of Trump's own merchandise was made in these countries. “If you want …

Trump's tariff war could cost Americans more than $3,200 a year, experts claim
1 month, 1 week ago

Trump's tariff war could cost Americans more than $3,200 a year, experts claim

Daily Mail  

American consumers would bear the brunt of Donald Trump's proposed tariffs, new analysis showed on Tuesday night as the world braced for a new era of U.S. protectionist policies. Trump proposed tariffs including the threats made to China, Mexico and Canada on Monday could lead to an increase in costs for every consumer annually, analysis found But even before the …

Trump tariff vow hit
1 month, 1 week ago

Trump tariff vow hit

Live Mint  

By Alden Bentley NEW YORK, - A pledge by President-elect Donald Trump to impose tariffs on products from Canada, Mexico and China sent their currencies lower against the dollar on Tuesday, renewing the specter of trade wars and fanning uncertainty in other currency pairs. But, of course, the peso is vulnerable to falling into those multi-year lows against the U.S. …

US trade partners warn Trump tariffs would harm all involved
1 month, 1 week ago

US trade partners warn Trump tariffs would harm all involved

Hindustan Times  

* US trade partners warn Trump tariffs would harm all involved Mexico president plans letter to Trump, will seek a call * Bank of Canada sees clear impact on both economies * Tariff threat knocks Mexico peso, Canadian dollar, but stocks hold up Nov 26 - Officials from Mexico, Canada and China warned U.S. President-elect Donald Trump's threat of imposing …

'Surely illegal': Paul Krugman pulls the lid off Trump's new economic scheme
1 month, 2 weeks ago

'Surely illegal': Paul Krugman pulls the lid off Trump's new economic scheme

Raw Story  

Nobel Prize-winning economist and New York Times columnist Paul Krugman on Tuesday examined President-elect Donald Trump's new threats to slap tariffs on all Canadian and Mexican products — and concluded that he's likely not bluffing. Writing on his Bluesky account, Krugman downplayed claims that the tariffs are a four-dimensional chess play by Trump to extract new concessions from America's two …

US President-elect Donald Trump vows to impose 25% tariffs on Canadian, Mexican imports over border security concerns
Trending News
1 month, 2 weeks ago

US President-elect Donald Trump vows to impose 25% tariffs on Canadian, Mexican imports over border security concerns

Live Mint  

President-elect Donald Trump has announced plans to impose a 25% tariff on all products imported from Canada and Mexico as one of his first actions after assuming office on January 20. He added, “On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL …

Trump tries to force other countries to negotiating table on immigration and trade with promise to hike tariffs
1 month, 2 weeks ago

Trump tries to force other countries to negotiating table on immigration and trade with promise to hike tariffs

CNN  

CNN — President-elect Donald Trump’s pledge to impose massive tariffs was an early warning shot to try to force the hand of allies and adversaries to come to the negotiating table on immigration and trade issues, a transition official told CNN. “We know what works.” Trump’s posts Monday on Truth Social appeared to be the opening act in a long-promised …

Donald Trump vows to slap 25 per cent tariffs on Mexico, Canada, China
1 month, 2 weeks ago

Donald Trump vows to slap 25 per cent tariffs on Mexico, Canada, China

New Indian Express  

WASHINGTON: US President-elect Donald Trump said Monday he intends to impose a 25 percent tariff on goods from Mexico and Canada, along with a 10 percent tariff on imports from China in response to the illegal drug trade and immigration. In a series of posts to his Truth Social social media account, Trump vowed to hit some of the United …

Ditch Brexit trade barriers, Starmer told amid fears over impact of Trump tariffs
2 months ago

Ditch Brexit trade barriers, Starmer told amid fears over impact of Trump tariffs

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mr …

Trump has vowed sweeping tariffs: What comes next?
2 months ago

Trump has vowed sweeping tariffs: What comes next?

Raw Story  

U.S. president-elect Donald Trump says "tariff" is the most beautiful word in the dictionary -- and the Republican's second term promises sweeping measures on all $3 trillion worth of US imported goods. - When Washington slapped tariffs on 6.4 billion euros worth of European steel and aluminum exports in 2018, the EU retaliated with "rebalancing tariffs" on US exports -- …

Trump win could disrupt International trade, Dutch logistics association warns
2 months ago

Trump win could disrupt International trade, Dutch logistics association warns

NL Times  

Donald Trump's recent election victory could lead to major disruptions in international trade and logistics, says Bart Jan Koopman, director of the Dutch trade association Evofenedex. Trump has consistently criticized large trade deals, favoring instead a system where each nation trading with the U.S. would face individual tariffs. Evofenedex also noted that Dutch exports to the U.S., which include key …

Donald Trump’s tariff talk is leverage, suggests billionaire
2 months, 1 week ago

Donald Trump’s tariff talk is leverage, suggests billionaire

The Telegraph  

Last month, Trump raised the stakes when he said John Deere, the machinery manufacturer, could be hit with a punitive tariff of 200 per cent if it went ahead with plans to shift some production to Mexico and then tried to export any goods back to the US. But Mr Paulson, a hedge fund billionaire who has been widely touted …

EU Readies Measures Against Possible Trump Tariffs
2 months, 3 weeks ago

EU Readies Measures Against Possible Trump Tariffs

Bloomberg  

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. The EU wants to avoid a trade conflict with the US, but it will be ready to respond if Donald Trump wins the election and acts on his threat to hit Europe with punitive trade measures. The bloc has prepared a …

Donald Trump heaps more tariffs on China, still no deal in sight
5 years, 4 months ago

Donald Trump heaps more tariffs on China, still no deal in sight

Live Mint  

Washington, Columbus: The Trump administration slapped tariffs on roughly $110 billion in Chinese imports on Sunday, marking the latest escalation in a trade war that’s inflicting damage across the world economy. Face-to-face talks between Chinese and American trade negotiators scheduled for Washington in September are still happening “as of now,” Trump told reporters Friday before going to Camp David, the …

Trump hits China with more tariffs, global markets sink
5 years, 5 months ago

Trump hits China with more tariffs, global markets sink

Al Jazeera  

US to impose 10 percent levy on an additional $300bn of Chinese goods, as Trump says tariff rate may increase further. United States President Donald Trump said he plans to impose a 10 percent tariff on $300bn of Chinese imports from September 1 and could raise tariffs further if China’s President Xi Jinping fails to move more quickly to strike …

Donald Trump announces 5% tariff on Mexican imports in bid to curb illegal immigration; move could compromise major USMCA trade deal
5 years, 7 months ago

Donald Trump announces 5% tariff on Mexican imports in bid to curb illegal immigration; move could compromise major USMCA trade deal

Firstpost  

In a surprise announcement that could compromise a major trade deal, President Donald Trump announced on Thursday that he is slapping a 5 percent tariff on all Mexican imports, effective 10 June Washington: In a surprise announcement that could compromise a major trade deal, President Donald Trump announced on Thursday that he is slapping a 5 percent tariff on all …

Jamie Dimon: Trump’s strategy on tariffs might have worked
5 years, 9 months ago

Jamie Dimon: Trump’s strategy on tariffs might have worked

CNN  

New York CNN Business — Jamie Dimon is no fan of tariffs. Former White House economist Gary Cohn, who was once second in command at Goldman Sachs, flatly said last week that “tariffs don’t work.” If anything, Cohn told the Freakonomics podcast, tariffs “hurt the economy.” Dimon said he agrees with Cohn that tariffs “don’t work technically” because they cause …

Discover Related