Trump’s tariff onslaught is coming faster than his team can carry out
1 month ago

Trump’s tariff onslaught is coming faster than his team can carry out

Live Mint  

The Trump administration is moving at warp speed to announce new tariffs. That is also the planned date for the announcement of Trump’s levies on reciprocal trade, which will seek to equalize U.S. tariffs with the duties and nontariff barriers imposed by other nations. Trump has spoken about his reciprocal trade action broadly affecting U.S. trading partners writ large, but the actual notice of action from the U.S. Trade Representative’s office is narrower, directing commenters to focus on G-20 nations and those with persistent trade deficits with the U.S., including Australia, Brazil, Canada, China, the European Union, India, Japan, South Korea, Mexico, Russia, Vietnam and more. Privately, some administration officials are indicating that the reciprocal trade action likely won’t result in huge tariff increases on most nations—partially because many of those nations have relatively low tariffs, and because trading partners will try to negotiate them downward. Once in office, administration members decided that combining reciprocal trade action with sectoral tariffs would be more legally defensible than a universal tariff order, said people with knowledge of discussions, and would incur less collateral damage on U.S. consumers and in the stock market while still covering major swaths of the economy with tariffs.

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History of this topic

Trump announces 25% tariffs on foreign-built vehicles
1 day, 12 hours ago

Trump announces 25% tariffs on foreign-built vehicles

The Hindu  

U.S. President Donald Trump has announced steep tariffs on auto imports and parts, provoking threats of retaliation from trading partners ahead of further promised trade levies next week. Japan's Prime Minister Shigeru Ishiba said Tokyo was "considering all kinds of countermeasures", while Canada's Mark Carney branded Mr. Trump's tariffs a "direct attack" on his country's workers. But Washington's levies appeared …

Donald Trump announced 25% tariffs on auto imports. Who will it impact?
1 day, 13 hours ago

Donald Trump announced 25% tariffs on auto imports. Who will it impact?

Firstpost  

Tariffs are back in the news. US President Donald Trump announced new levies on auto imports ahead of the April 2 deadline: A 25 per cent tariff on vehicle imports to the country. The 25 per cent tariffs also will apply to major automotive parts imports, identified in Trump’s proclamation, which opens a new tab as “engines and engine parts, …

Trump announces 25 percent tariffs on cars, ramping up trade war
Trending News
1 day, 22 hours ago

Trump announces 25 percent tariffs on cars, ramping up trade war

Al Jazeera  

US president’s announcement prompts swift backlash from trading partners, including the European Union, Canada and Japan United States President Donald Trump has announced a 25 percent tariff on imported cars and car parts, his latest salvo in a widening trade war that has stoked tensions with partners and allies. “This is very modest.” Calling the move “exciting”, Trump, who has …

Canadian tariffs to hit US cities in Trump-won states hardest: Report
1 day, 22 hours ago

Canadian tariffs to hit US cities in Trump-won states hardest: Report

India Today  

The US cities most vulnerable to a trade war with Canada turn out to largely be in the states that helped return Donald Trump to the White House — a sign of the possible political risk he's taking with his tariff plans. A new analysis released Thursday by the Canadian Chamber of Commerce detailed the areas most dependent on exports …

Trump threatens 'far larger tariffs' if EU, Canada unite to cause harm to US
Top News
1 day, 22 hours ago

Trump threatens 'far larger tariffs' if EU, Canada unite to cause harm to US

India Today  

US President Donald Trump said on Thursday that larger tariffs could be placed on the European Union and Canada if they both work together "to do economic harm to the USA." "If the European Union works with Canada in order to do economic harm to the USA, large-scale tariffs, far larger than currently planned, will be placed on them both …

Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues
Trending News
2 days ago

Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues

The Hindu  

U.S. President Donald Trump said Wednesday he was placing 25% tariffs on auto imports, a move that the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains. Mr. Trump has long said that tariffs against auto imports would be a defining policy of his presidency, betting that …

Trump’s tariff war forces allies to choose resistance or surrender
2 days, 14 hours ago

Trump’s tariff war forces allies to choose resistance or surrender

Live Mint  

President Trump’s trade war is forcing America’s closest allies to choose between fighting back, or acquiescing. The European Union and Canada have led the charge against Trump’s tariffs, threatening their own duties on tens of billions of dollars of American goods after the U.S. leveled blanket tariffs on steel and aluminum, and on imports in North America. She said the …

Trump has begun another trade war. Here’s a timeline of how we got here
3 days, 3 hours ago

Trump has begun another trade war. Here’s a timeline of how we got here

Associated Press  

NEW YORK — Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a global trade war — all while on-again, off-again new levies continue to escalate uncertainty. On his first day in office, Trump also says he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to immediately flesh out plans …

India, China could be affected as Trump plans tariffs on Venezuelan oil buyers
Top News
3 days, 21 hours ago

India, China could be affected as Trump plans tariffs on Venezuelan oil buyers

Hindustan Times  

US President Donald Trump on Monday announced steep tariffs on imports from countries buying Venezuelan oil and gas, a move that could affect major economies like China and India and add to global trade uncertainty, reported AFP. The latest 25 percent tariffs, targeting direct and indirect buyers of Venezuelan oil, could take effect as early as April 2, according to …

Trump softens stance on ‘reciprocal tariffs’ as April 2 nears, may implement tailored duties: Report
4 days, 14 hours ago

Trump softens stance on ‘reciprocal tariffs’ as April 2 nears, may implement tailored duties: Report

Firstpost  

The shift toward a narrower focus would be a departure from earlier plans to introduce a broader three-tiered tariff framework encompassing high, medium and low categories for virtually all US trading partners Donald Trump has softened his stance on tariffs to be imposed on April 2. AP President Donald Trump is set to implement his so-called reciprocal tariffs on April …

White House Narrows April 2 Tariffs
Trending News
4 days, 17 hours ago

White House Narrows April 2 Tariffs

Hindustan Times  

Cargo ships at the Port of Oakland, Calif., earlier this month. WASHINGTON—The White House is narrowing its approach to tariffs set to take effect on April 2, likely omitting a set of industry-specific tariffs while applying reciprocal levies on a targeted set of nations that account for the bulk of foreign trade with the U.S. President Trump has declared his …

Trump to impose 25-percent tariffs on countries that buy oil from Venezuela
4 days, 22 hours ago

Trump to impose 25-percent tariffs on countries that buy oil from Venezuela

Al Jazeera  

The US president also announced he would seek to launch an ‘External Revenue Agency’ on April 2 to collect tariffs. US President Donald Trump has announced that any country that purchases oil or gas from Venezuela will face a 25-percent tariff in its trade with the United States, starting on April 2. “Therefore, any Country that purchases Oil and/or Gas …

China calls on nations to open markets amid looming Trump tariffs
5 days, 3 hours ago

China calls on nations to open markets amid looming Trump tariffs

Firstpost  

Chinese Premier Li Qiang urged countries to open their markets to combat “rising instability and uncertainty” at a business forum in Beijing on Sunday, as China braces for further U.S. tariffs. Premier Li Qiang said China is prepared for “shocks that exceed expectations” as the world anticipates U.S. President Donald Trump’s announcement of additional tariffs on trading partners next month. …

‘There will be flexibility:’ Trump tones down his reciprocal tariff threat in major shift
1 week ago

‘There will be flexibility:’ Trump tones down his reciprocal tariff threat in major shift

Firstpost  

Trump, who keeps touting April 2 as America’s “liberation day”, has repeatedly lauded his reciprocal tariff plan, which would assign tariff rates to all countries matching their own respective tariffs on US goods US President Donald Trump Friday hinted that there would be “flexibility” on his reciprocal tariff plan, slated to go into effect on April 2. Trump, who keeps …

EU delays retaliatory trade action to mid-April to work out the impact of Trump’s reciprocal tariffs
Trending News
1 week ago

EU delays retaliatory trade action to mid-April to work out the impact of Trump’s reciprocal tariffs

Associated Press  

BRUSSELS — The European Union is delaying until mid-April its retaliatory trade action over the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%, senior officials said Thursday. But U.S. President Donald Trump also plans to impose “reciprocal” tariffs by increasing U.S. duties to match the tax rates that other countries charge on imports “for purposes …

Countries can avoid Trump's April tariffs by cutting trade barriers, Bessent says
1 week, 2 days ago

Countries can avoid Trump's April tariffs by cutting trade barriers, Bessent says

The Hindu  

The Trump administration on April 2 will give trading partner countries a proposed U.S. tariff rate based on their own rates, non-tariff trade barriers and other factors— along with an opportunity to negotiate to avoid a "tariff wall," U.S. Treasury Secretary Scott Bessent said on Tuesday. "On April 2, each country will receive a number that we believe represents their …

Donald Trump adamant on April 2 reciprocal tariff plan, vows ‘liberating day for US’
1 week, 4 days ago

Donald Trump adamant on April 2 reciprocal tariff plan, vows ‘liberating day for US’

Hindustan Times  

Donald Trump said on Sunday that he has no intention to create exemptions on steel and aluminium tariffs and said that reciprocal tariffs on US trade partners will be imposed on April 2 alongside sectoral tariffs. Reciprocal tariffs would mean that the Trump administration would impose tariff rates on imports into the US based a calculation incorporating tariff and non-tariff …

What other countries are taking away from Trump’s battle with Canada
1 week, 5 days ago

What other countries are taking away from Trump’s battle with Canada

Politico  

“There’s the ongoing debate that’s been consistent: Is it better to grovel and kiss the ring or is it better to stand up to the bully?” said William Reinsch, a former Commerce undersecretary now at the Center for Strategic and International Studies. So it’s hard to know in any given circumstance which one is the better tactic.” A senior European …

Tariff roulette: Trump’s zigzag trade policies rattle global markets
Trending News
1 week, 6 days ago

Tariff roulette: Trump’s zigzag trade policies rattle global markets

Firstpost  

In recent weeks, Trump has announced punishing tariffs against allies and adversaries alike, selectively paused and imposed them, doubled and then halved some, and warned late in the week that he’ll tax European wine and spirits a stratospheric 200% if the European Union doesn’t drop a 50% tariff on U.S. whiskey. “If you make him unhappy, he responds unhappy,” he …

Tesla Tells Trump Administration It’s Worried About Tariff Trade Wars
2 weeks ago

Tesla Tells Trump Administration It’s Worried About Tariff Trade Wars

Huff Post  

LOADING ERROR LOADING Electric car company Tesla is asking President Donald Trump’s administration to “consider the downstream impacts” of retaliatory tariffs in Trump’s trade war with multiple countries. The March 11 letter to the U.S. Trade Representative’s Office, which is reportedly unsigned but on the company letterhead, warned that Trump’s tariffs ― including a 25% tariff on all steel and …

Trump has begun another trade war. Here’s a timeline of how we got here
2 weeks, 1 day ago

Trump has begun another trade war. Here’s a timeline of how we got here

Associated Press  

NEW YORK — Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a trade war abroad — all while on-again, off-again new levies continue to escalate uncertainty. On his first day in office, Trump also says he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to immediately flesh out plans …

Trump Vows US Will Respond to Europe’s Metal Tariff Retaliation
2 weeks, 1 day ago

Trump Vows US Will Respond to Europe’s Metal Tariff Retaliation

Live Mint  

Supply Lines is a daily newsletter that tracks global trade.. President Donald Trump’s 25% tariffs on steel and aluminum imports came into force Wednesday, triggering an immediate reprisal from the European Union as the global trade war enters a new and perilous phase. Steel and aluminum levies are part of Trump’s plan to build significant barriers around the US economy, …

U.S. President Donald Trump threatens 200% tariff on wine, champagne from France, other EU countries
2 weeks, 1 day ago

U.S. President Donald Trump threatens 200% tariff on wine, champagne from France, other EU countries

The Hindu  

U.S. President Donald Trump on Thursday threatened to impose 200% tariffs on wine, champagne and other alcoholic products from France and other European Union countries in retaliation against the bloc’s planned levies on U.S.-produced whiskey. Mr. Trump on Thursday renewed his criticism of the bloc, singling out a 50-percent levy on US whiskey as being “nasty.” Trump announces Reciprocal Tariffs …

Trump’s tariff war: Who’s fighting back, who’s not? What about India?
2 weeks, 1 day ago

Trump’s tariff war: Who’s fighting back, who’s not? What about India?

Firstpost  

US President Donald Trump has imposed sweeping tariffs, including a 25 per cent levy on steel and aluminium imports and a 25 per cent tariff on goods from Mexico and Canada, with limited exemptions. Trump’s tariffs on Canada and Mexico On March 4, the Trump administration imposed a 25 per cent import tariff on goods from Canada and Mexico, with …

Trump Threatens To Escalate Global Trade War After EU Announces ‘Counter Measures’ Over Tariffs
Trending News
2 weeks, 1 day ago

Trump Threatens To Escalate Global Trade War After EU Announces ‘Counter Measures’ Over Tariffs

ABP News  

US President Donald Trump threatened to escalate the global trade war with further tariffs on European Union goods if the EU plans to follow through with its planned counter-tariffs up to €26 billion on certain US products next month. Trump said he would impose additional penalties if the EU follows through with its plan to enact counter-tariffs on some US …

US trading partners retaliate after Trump announces blanket tariffs on steel & aluminium imports
2 weeks, 1 day ago

US trading partners retaliate after Trump announces blanket tariffs on steel & aluminium imports

Firstpost  

The steep 25-percent levies contained no exemptions despite countries’ efforts to avert them, marking an expansion from Trump’s recent duties on Canada, Mexico and China since returning to the White House The Trump administration has imposed tariffs on steel and aluminum imports. File image/AP Major US trading partners announced countermeasures Wednesday after Donald Trump’s blanket tariffs on steel and aluminum …

US trading partners retaliate after Trump announces blanket tariffs on steel & aluminium imports
2 weeks, 1 day ago

US trading partners retaliate after Trump announces blanket tariffs on steel & aluminium imports

Firstpost  

The steep 25-percent levies contained no exemptions despite countries’ efforts to avert them, marking an expansion from Trump’s recent duties on Canada, Mexico and China since returning to the White House The Trump administration has imposed tariffs on steel and aluminum imports. File image/AP Major US trading partners announced countermeasures Wednesday after Donald Trump’s blanket tariffs on steel and aluminum …

Global trade war on the cards? Donald Trump warns of more tariffs on EU as trading partners trudge cautiously
2 weeks, 1 day ago

Global trade war on the cards? Donald Trump warns of more tariffs on EU as trading partners trudge cautiously

Live Mint  

US President Donald Trump's push to impose tariffs on trading partners may escalate a global trade war after he warned of slapping further tariffs on European Union goods, Reuters reported. This comes after major US trading partners said they would take retaliatory steps to counter trade barriers already erected by the US. In case EU follows through with its plan …

As global tariff tensions rise, here's the latest on U.S. trade with top partners
2 weeks, 1 day ago

As global tariff tensions rise, here's the latest on U.S. trade with top partners

NPR  

As global tariff tensions rise, here's the latest on U.S. trade with top partners toggle caption Cole Burston/AFP via Getty Images In less than two weeks, President Trump has upended global markets by imposing tariffs on imports from several of America's top trading partners. The United Kingdom Unlike the EU, the U.K. has taken what British Prime Minister Keir Starmer …

Trump’s steel, aluminium tariffs: How are targeted countries responding?
2 weeks, 1 day ago

Trump’s steel, aluminium tariffs: How are targeted countries responding?

Al Jazeera  

Some countries are fighting back with retaliatory tariffs, others are seeking exemptions and are trying to negotiate. President Donald Trump’s tariffs on the imports of steel and aluminium by the United States are sending shockwaves through global markets and escalating tensions with key trading partners, including Canada, Mexico and the European Union. “The US can’t realistically onshore enough of these …

Trump vows to respond to EU's shock new tariffs as trade war intensifies
2 weeks, 2 days ago

Trump vows to respond to EU's shock new tariffs as trade war intensifies

Daily Mail  

President Donald Trump vowed to respond to the European Union's new tariffs on the United States as a transatlantic trade war ramps up. The EU slapped new tariffs on American goods in response to Trump's decision to implement a 25 percent increase in tariffs on incoming steel and aluminum. President Donald Trump vowed to respond to new tariffs from the …

Canada retaliates against Donald Trump, announces tariffs: 'Need to fight nonsense'
Top News
2 weeks, 2 days ago

Canada retaliates against Donald Trump, announces tariffs: 'Need to fight nonsense'

Hindustan Times  

Canada on Wednesday announced new 25% counter-tariffs on about C$30 billion of US-made items after the Donald Trump administration implemented global levies on imports of steel and aluminium. Canadian finance minister Dominic LeBlanc said the retaliatory measures will target US steel and aluminium products as well as consumer items such as computers and sporting goods. Earlier this month, the Canadian …

Canada announces additional tariffs of $29 billion on U.S. goods
2 weeks, 2 days ago

Canada announces additional tariffs of $29 billion on U.S. goods

The Hindu  

Major U.S. trading partners announced countermeasures on Wednesday to President Donald Trump's blanket steel and aluminum tariffs, hours after the levies took effect in a salvo that fueled trade tensions globally. Canada announces additional tariffs of $29 billion on U.S. goods The European Commission swiftly unveiled retaliation starting in April, while Canada announced additional tariffs on US goods and China …

'Following dollar for dollar approach': Canada announces 25% tariffs on nearly $30bn in US imports from Thursday
2 weeks, 2 days ago

'Following dollar for dollar approach': Canada announces 25% tariffs on nearly $30bn in US imports from Thursday

Firstpost  

Hours after President Donald Trump’s sweeping 25% tariffs on all steel and aluminum imported into the US came into effect, Canada on Wednesday retaliated with levies of the same amount on almost $30 billion in imports from the US, according to a report Finance Minister Dominic LeBlanc gestures during a news conference on tariffs in Ottawa on Wednesday. AP Hours …

'Following dollar for dollar approach': Canada announces 25% tariffs on nearly $30bn in US imports from Thursday
2 weeks, 2 days ago

'Following dollar for dollar approach': Canada announces 25% tariffs on nearly $30bn in US imports from Thursday

Firstpost  

Hours after President Donald Trump’s sweeping 25% tariffs on all steel and aluminum imported into the US came into effect, Canada on Wednesday retaliated with levies of the same amount on almost $30 billion in imports from the US, according to a report Finance Minister Dominic LeBlanc gestures during a news conference on tariffs in Ottawa on Wednesday. AP Hours …

Canada to announce counter-tariffs in response to Trump's tax hike on metal imports
2 weeks, 2 days ago

Canada to announce counter-tariffs in response to Trump's tax hike on metal imports

Hindustan Times  

After the Donald Trump administration went ahead with levies on Canadian steel and aluminium imports, Canada will announce counter-tariffs on about C$30 billion of US-made products on Wednesday, reported Bloomberg. Canada PM-elect Mark Carney After Canada's Ontario province announced a surcharge on its electricity imports to the US, Donald Trump doubled tariffs on Canadian metal imports. Meanwhile, US Commerce Secretary …

U.S. President Donald Trump's 25% tariffs on all steel, aluminum imports go into effect
Trending News
2 weeks, 2 days ago

U.S. President Donald Trump's 25% tariffs on all steel, aluminum imports go into effect

The Hindu  

U.S. President Donald Trump officially increased tariffs on all steel and aluminum imports to 25% on Wednesday, promising that the taxes would help create U.S. factory jobs at a time when his seesawing tariff threats are jolting the stock market and raising fears of an economic slowdown. That's a bigger win than the tariffs themselves, but the tariffs are going …

Trump's 25% tariffs on steel, aluminium go into effect
2 weeks, 2 days ago

Trump's 25% tariffs on steel, aluminium go into effect

Firstpost  

Amid market volatility and risk of retaliation, US President Donald Trump has gone ahead with 25% tariffs on all steel and aluminium imports In the latest tranche US President Donald Trump’s tariff war on the world, 25 per cent tariffs on steel and aluminium imports came into effect on Wednesday. Stepping up his territorial and economic aggression on Canada, Trump …

Donald Trump’s 25% tariffs on all steel and aluminium imports go into effect
2 weeks, 2 days ago

Donald Trump’s 25% tariffs on all steel and aluminium imports go into effect

Live Mint  

US President Donald Trump officially increased tariffs on all steel and aluminium imports to 25 per cent on Wednesday. Trump's U-turn Earlier in the day, Trump's threat Tuesday to double his planned tariffs on steel and aluminium from 25 per cent to 50 per cent for Canada led the provincial government of Ontario to suspend its planned surcharges on electricity …

'Cooler heads prevailed': Trump walks back on threat of 50% tariffs on Canadian steel imports
2 weeks, 2 days ago

'Cooler heads prevailed': Trump walks back on threat of 50% tariffs on Canadian steel imports

Firstpost  

Trump decided to press pause on the tariffs after a decision by the Canadian province of Ontario to suspend the new 25 per cent charge on electricity it exports to certain northern states in the United States US President Donald Trump has paused the plan to impose 50% tariffs on Canadian steel and metal imports. Reuters US President Donald Trump …

'Cooler heads prevailed': Trump walks back on threat of 50% tariffs on Canadian steel imports
2 weeks, 2 days ago

'Cooler heads prevailed': Trump walks back on threat of 50% tariffs on Canadian steel imports

Firstpost  

Trump decided to press pause on the tariffs after a decision by the Canadian province of Ontario to suspend the new 25 per cent charge on electricity it exports to certain northern states in the United States US President Donald Trump has paused the plan to impose 50% tariffs on Canadian steel and metal imports. Reuters US President Donald Trump …

Donald Trump makes a U-turn on tariffs for Canadian steel and aluminium, hours after announcing them
2 weeks, 2 days ago

Donald Trump makes a U-turn on tariffs for Canadian steel and aluminium, hours after announcing them

Live Mint  

United States President Donald Trump in the morning on March 11 announced the doubling of tariffs on steel and aluminium from Canada to 50 per cent, before taking a U-turn within hours, in rapid-fire moves that hit the financial markets, according to a report by Reuters. Donald Trump triggered a sell-off in the morning with a post on Truth Social …

Trump imposes sweeping 25% steel and aluminum tariffs. Europe immediately retaliates
Top News
2 weeks, 2 days ago

Trump imposes sweeping 25% steel and aluminum tariffs. Europe immediately retaliates

CNN  

CNN — President Donald Trump imposed sweeping 25% tariffs on all steel and aluminum imported into the United States Wednesday, a policy aimed at leveling the playing field for US manufacturing but a move that threatens to drive up prices on a broad range of consumer and industrial goods for Americans. And to prevent companies from importing finished goods to …

Trump imposes sweeping 25% steel and aluminum tariffs. Europe immediately retaliates
Top News
2 weeks, 2 days ago

Trump imposes sweeping 25% steel and aluminum tariffs. Europe immediately retaliates

CNN  

CNN — President Donald Trump imposed sweeping 25% tariffs on all steel and aluminum imported into the United States Wednesday, a policy aimed at leveling the playing field for US manufacturing but a move that threatens to drive up prices on a broad range of consumer and industrial goods for Americans. And to prevent companies from importing finished goods to …

Trump has begun another trade war. Here’s a timeline of how we got here
2 weeks, 2 days ago

Trump has begun another trade war. Here’s a timeline of how we got here

LA Times  

Trucks loaded with cargo travel in Mexico. In his inaugural address, he again promises to “tariff and tax foreign countries to enrich our citizens.” On his first day in office, Trump also says he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to immediately flesh out plans for taxing Chinese imports. Feb. 1 …

What are tariffs, and why is Donald Trump placing them on Australian exports to the US?
2 weeks, 2 days ago

What are tariffs, and why is Donald Trump placing them on Australian exports to the US?

ABC  

Donald Trump loves a one-liner, and saying "tariff" is the "most beautiful word" in the dictionary has become a go-to for the United States's president. Trump rejects Australia's bid for tariff exemptions Photo shows Trump holds up the executive order while his commerce secretary stands behind him with a grin Australia will not be granted an exemption from the Trump …

Fact check: Trump falsely claims Canada is ‘one of the highest tariffing nations’
2 weeks, 2 days ago

Fact check: Trump falsely claims Canada is ‘one of the highest tariffing nations’

CNN  

Washington CNN — President Donald Trump added Tuesday to his rapidly growing list of false claims about Canada, wrongly asserting on social media that Canada is “ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD.” Canada is a low-tariff country compared to most others. Trump’s claim about Canada is “nonsense,” said Scott Lincicome, vice president of general economics and …

Trump's 25% tariffs on all steel and aluminum imports go into effect
2 weeks, 2 days ago

Trump's 25% tariffs on all steel and aluminum imports go into effect

New Indian Express  

WASHINGTON: President Donald Trump officially increased tariffs on all steel and aluminum imports to 25% on Wednesday, promising that the taxes would help create US factory jobs at a time when his seesawing tariff threats are jolting the stock market and raising fears of an economic slowdown. The US president has separate tariffs on Canada, Mexico and China, with plans …

US factories likely to feel the pain from Trump’s steel and aluminum tariffs
2 weeks, 3 days ago

US factories likely to feel the pain from Trump’s steel and aluminum tariffs

Associated Press  

WASHINGTON — President Donald Trump is once again lashing out at three of his biggest irritants: foreign steel, foreign aluminum and Canada. Cars sit parked outside the United States Steel Corporations Edgar Thomson Plant in Braddock, Pa., on Tuesday, March 4, 2025, in Braddock, Pa. Cars sit parked outside the United States Steel Corporations Edgar Thomson Plant in Braddock, Pa., …

Trump escalates trade dispute by raising tariffs on Canadian Steel and Aluminum to 50 per cent
2 weeks, 3 days ago

Trump escalates trade dispute by raising tariffs on Canadian Steel and Aluminum to 50 per cent

Op India  

President Donald Trump announced Tuesday that he has directed his administration to increase tariffs on Canadian steel and aluminium imports by an additional 25%, raising the total duty to 50%. Trump stated that the tariff hike was in response to Ontario Premier Doug Ford’s decision to impose a 25% tax on electricity exports to the U.S.—a move that itself was …

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