The week in charts: Tariff troubles, easing inflation, ONGC NTPC Green deal
1 month, 2 weeks ago

The week in charts: Tariff troubles, easing inflation, ONGC NTPC Green deal

Live Mint  

US President Donald Trump has imposed a 25% tariff on all steel and aluminium imports, a move that could upend the global metals market. The RBI expects inflation to average 4.4% in January-March, though global market uncertainties, fuel price volatility, and unpredictable weather could pose risks to this trend. Despite a challenging liquidity deficit and tightening conditions in the banking system since December, the RBI's proactive measures, including forex market interventions and liquidity infusions, have helped stabilize the situation. While rate cuts typically compress net interest margins for banks, the impact may be less severe this time as rising deposit rates and proactive liquidity measures are likely to make rate cut transmission easier, a Mint analysis showed.

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History of this topic

Trump eyes for major escalation in global trade war, presses advisers for tariff escalation ahead of April 2: Report
1 day, 2 hours ago

Trump eyes for major escalation in global trade war, presses advisers for tariff escalation ahead of April 2: Report

Hindustan Times  

US President Donald Trump is urging senior advisers to take a more aggressive stance on tariffs as the administration prepares for a major escalation in its global trade war, the Washington Post reported on Saturday, citing four people familiar with the matter. Trump has continued to tell his advisers that he wants to keep increasing trade measures, and in recent …

Donald Trump announced 25% tariffs on auto imports. Who will it impact?
3 days, 4 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 may impose copper tariffs sooner than expected, prices hit record high
4 days, 4 hours ago

Trump may impose copper tariffs sooner than expected, prices hit record high

Firstpost  

The US is preparing to impose new tariffs on copper imports, with a decision expected within weeks—much earlier than initially planned. US President Donald Trump is likely to impose tariffs on copper imports. Trump directs investigation into copper tariffs Earlier, in February, Trump directed the Commerce Department to open an investigation into potential copper tariffs and submit a report within …

Trump’s tariff war forces allies to choose resistance or surrender
4 days, 4 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
4 days, 18 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 …

Do tariffs raise inflation?
1 week, 2 days ago

Do tariffs raise inflation?

Live Mint  

Mountain-naming turned out to be a curiously high priority for Donald Trump. During Mr Trump’s last sortie against Chinese manufacturing in 2018-19, prices of impacted items went up roughly one-for-one with higher tariffs. For his part, Mr Miran argued in a recent paper that the greenback’s popularity imposes “externalities" on America’s economy, since demand for assets yanks the dollar above …

EU delays retaliatory trade action to mid-April to work out the impact of Trump’s reciprocal tariffs
Trending News
1 week, 2 days 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 …

US Fed Policy: Will Donald Trump’s tariff chaos pinch Jerome Powell? Interest rate to ‘dot plot’—5 indicators to watch
1 week, 3 days ago

US Fed Policy: Will Donald Trump’s tariff chaos pinch Jerome Powell? Interest rate to ‘dot plot’—5 indicators to watch

Live Mint  

US Fed Policy: The US Federal Reserve is all set to announce its monetary policy decision on March 19, after a two-day review meeting to deliberate on the central bank's benchmark interest rate and the state of the US economy. This is the second policy verdict by US Fed Chair Jerome Powell-led Federal Open Market Committee for 2025 and holds …

US Sentiment Drops, Price Expectations Soar on Tariffs
1 week, 6 days ago

US Sentiment Drops, Price Expectations Soar on Tariffs

Live Mint  

-- US consumer sentiment fell to a more than two-year low and long-term inflation expectations jumped by the most since 1993, illustrating growing apprehension about the economic impact from tariffs. The preliminary March sentiment index dropped to 57.9, the lowest level since November 2022, from 64.7 a month earlier, according to University of Michigan data issued Friday. As the scope …

Donald Trump adamant on April 2 reciprocal tariff plan, vows ‘liberating day for US’
1 week, 6 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 …

Trump says there will be no exemptions from steel and aluminum tariffs
Trending News
1 week, 6 days ago

Trump says there will be no exemptions from steel and aluminum tariffs

CNN  

CNN — President Donald Trump has said he doesn’t intend to create exemptions from steel and aluminum tariffs and that additional sectoral, as well as reciprocal tariffs will be imposed on April 2. When asked Sunday if he would consider any exemptions on those tariffs, he replied: “I have no intention of it.” But it risks igniting a global trade …

Trump’s tariffs are inflicting serious economic damage and reigniting inflation, OECD says
1 week, 6 days ago

Trump’s tariffs are inflicting serious economic damage and reigniting inflation, OECD says

CNN  

CNN — President Donald Trump’s tariff policies are slowing economic growth in the United States and around the world while sending prices higher again, creating a toxic stew for the global economy that could grow even worse if tensions escalate, the Organisation for Economic Co-operation and Development said Monday. The OECD report shows what US markets have been signaling for …

Wall Street’s ‘week of drama’ on Trump chaos: Tariff hikes to Mag 7 group—5 key factors that moved US stock market
2 weeks ago

Wall Street’s ‘week of drama’ on Trump chaos: Tariff hikes to Mag 7 group—5 key factors that moved US stock market

Live Mint  

Wall Street's ‘week of drama’ on Trump chaos: US stocks logged a sharp rebound in the previous session after the benchmark S&P 500 entered the correction phase earlier this week with a massive $5 trillion plunge. Top five factors that drove the US stock market: 1.Donald Trump's tariff chaos On Wednesday, Trump imposed 25 per cent tariffs on all steel …

Wall Street Tumbles 10% Below Its Record After Trump Escalates His Trade War
Trending News
2 weeks, 2 days ago

Wall Street Tumbles 10% Below Its Record After Trump Escalates His Trade War

Huff Post  

LOADING ERROR LOADING NEW YORK — Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the S&P 500 more than 10% below its record, which was set just last month. Trump’s latest escalation came Thursday when he threatened 200% tariffs on Champagne and other European wines, unless the European Union rolls back a …

Trump Vows US Will Respond to Europe’s Metal Tariff Retaliation
2 weeks, 2 days 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, …

Trump threatens EU with 200% tariffs on alcohol beverages
2 weeks, 3 days ago

Trump threatens EU with 200% tariffs on alcohol beverages

Firstpost  

US President Donald Trump has threatened to impose 200% tariffs on European wines, champagnes, and all other alcohols, in retaliation to European Union’s tariffs on US goods US President Donald Trump arrives at the White House in Washington, D.C., U.S., February 19, 2025. If the European Union does not retract 50 per cent tariff on US whisky, US President Donald …

Trump threatens EU with 200% tariffs on alcohol beverages
2 weeks, 3 days ago

Trump threatens EU with 200% tariffs on alcohol beverages

Firstpost  

US President Donald Trump has threatened to impose 200% tariffs on European wines, champagnes, and all other alcohols, in retaliation to European Union’s tariffs on US goods US President Donald Trump arrives at the White House in Washington, D.C., U.S., February 19, 2025. If the European Union does not retract 50 per cent tariff on US whisky, US President Donald …

Trump’s steel, aluminium tariffs: How are targeted countries responding?
2 weeks, 3 days 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 …

Canada announces additional tariffs of $29 billion on U.S. goods
2 weeks, 3 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, 3 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, 3 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 …

UK keeps ‘all options ready’ in response to Trump's 25% steel, aluminium tariffs
2 weeks, 3 days ago

UK keeps ‘all options ready’ in response to Trump's 25% steel, aluminium tariffs

Hindustan Times  

UK Prime Minister Keir Starmer said on Wednesday that “all options are on the table” in response to US President Donald Trump's decision to impose a blanket 25 per cent tariff on steel and aluminium imports from across the globe. Speaking on the UK's approach, Starmer said, “On the question of tariffs, like everybody else I’m disappointed to see global …

Why US factories are likely to get hurt from Trump's steel and aluminium tariffs
2 weeks, 4 days ago

Why US factories are likely to get hurt from Trump's steel and aluminium tariffs

Firstpost  

US President Donald Trump has reintroduced steep tariffs on imported metals, imposing a 25 per cent duty on steel and aluminium. And the first Trump administration also allowed American companies to request exemptions from the tariffs if, for instance, they couldn’t find the steel they needed from domestic US producers. He’s shown a willingness to go higher — as the …

Why US factories are likely to get hurt from Trump's steel and aluminium tariffs
2 weeks, 4 days ago

Why US factories are likely to get hurt from Trump's steel and aluminium tariffs

Firstpost  

US President Donald Trump has reintroduced steep tariffs on imported metals, imposing a 25 per cent duty on steel and aluminium. And the first Trump administration also allowed American companies to request exemptions from the tariffs if, for instance, they couldn’t find the steel they needed from domestic US producers. He’s shown a willingness to go higher — as the …

Europe strikes back at Trump with levies on US goods worth $26 bn as his metal tariffs takes effect
2 weeks, 4 days ago

Europe strikes back at Trump with levies on US goods worth $26 bn as his metal tariffs takes effect

Firstpost  

Trump’s second presidency translated into bigger tariffs for the EU, much bigger than what he levied from the bloc during his last term. The fresh duties are nearly four times the size of tariffs the president had imposed in his previous term A picture shows a redundant steel press at the Blaunau Gwent Learning Zone, Coleg Gwent, built on the …

U.S. President Donald Trump's 25% tariffs on all steel, aluminum imports go into effect
Trending News
2 weeks, 4 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, 4 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 …

Trump's 25% Tariffs On All Steel, Aluminum Imports Go Into Effect
2 weeks, 4 days ago

Trump's 25% Tariffs On All Steel, Aluminum Imports Go Into Effect

Huff Post  

LOADING ERROR LOADING WASHINGTON — 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 …

Donald Trump’s 25% tariffs on all steel and aluminium imports go into effect
2 weeks, 4 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 …

‘No exceptions’: Donald Trump rolls out 25% tariffs on steel, aluminum imports
2 weeks, 4 days ago

‘No exceptions’: Donald Trump rolls out 25% tariffs on steel, aluminum imports

Hindustan Times  

The United States officially rolled out its expanded tariffs on steel and aluminum imports on Wednesday, enforcing the 25 percent duties with “no exceptions,” as promised by the White House. The 25 percent tariffs imposed by President Donald Trump on steel and aluminum are set to increase production costs across various industries, including home appliances, automobiles, and beverage cans, which …

Trump’s 25% tariffs on all steel and aluminum imports go into effect
2 weeks, 4 days ago

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

Associated Press  

WASHINGTON — 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 …

'Cooler heads prevailed': Trump walks back on threat of 50% tariffs on Canadian steel imports
2 weeks, 4 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, 4 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, 4 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 …

Global trade war escalates as US tariffs on steel, aluminum imports launch
2 weeks, 4 days ago

Global trade war escalates as US tariffs on steel, aluminum imports launch

Al Jazeera  

US duties on steel and aluminium draw swift retaliation from major trading partners. Tariffs on all steel and aluminium imports into the United States have come into effect, intensifying the global trade war sparked by President Donald Trump. Separate tariffs have been levied on Canada, Mexico and China, with plans to tax imports from the European Union, Brazil and South …

US inflation cooled in February, but Trump’s tariff plans and trade war loom
2 weeks, 4 days ago

US inflation cooled in February, but Trump’s tariff plans and trade war loom

CNN  

CNN — Inflation slowed more than expected in February and cooled for the first time in four months, but that progress may be short lived as President Donald Trump ramps up his trade war, which threatens to increase prices for Americans. February’s inflation numbers came in better than expected thanks in part to two big — and very welcome — …

What are tariffs, and why is Donald Trump placing them on Australian exports to the US?
2 weeks, 4 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 …

Trump's 25% tariffs on all steel and aluminum imports go into effect
2 weeks, 4 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 …

Trump imposes sweeping 25% steel and aluminum tariffs. Europe immediately retaliates
Top News
2 weeks, 4 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, 4 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 vows to take back ‘stolen’ wealth as tariffs on steel and aluminum imports go into effect
2 weeks, 4 days ago

Trump vows to take back ‘stolen’ wealth as tariffs on steel and aluminum imports go into effect

LA Times  

European Commission President Ursula von der Leyen addresses European Parliament members Tuesday on new plans to ramp up defense spending agreed to at last week’s summit. President Trump openly challenged U.S. allies on Wednesday by increasing tariffs on all steel and aluminum imports to 25% as he vowed to take back wealth “stolen” by other countries, drawing quick retaliation from …

US factories likely to feel the pain from Trump’s steel and aluminum tariffs
2 weeks, 4 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, 4 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 …

US stocks down after Donald Trump’s 50% Canada tariff move on steel and aluminium imports
2 weeks, 4 days ago

US stocks down after Donald Trump’s 50% Canada tariff move on steel and aluminium imports

Live Mint  

-- Stocks fell after President Donald Trump said he’s increasing to 50% a tariff on all steel and aluminum coming into the US from Canada. Equities pushed lower as Trump said he would also “substantially increase” other tariffs on Canada on April 2 if the country does not drop tariffs on dairy products and other US goods. The neutral take …

UK braces for Trump's steel tariffs as Starmer vows 'cool-headed' approach amid market panic over trade war and prospect of US recession
2 weeks, 4 days ago

UK braces for Trump's steel tariffs as Starmer vows 'cool-headed' approach amid market panic over trade war and prospect of US recession

Daily Mail  

Britain is bracing for Donald Trump's steel tariffs today as Keir Starmer vows a 'cool-headed approach'. Keir Starmer is understood to have brought up tariffs during a call with Donald Trump last night, but so far there is no sign of the UK getting an exemption The FTSE 100 was down by more than 1 per cent today - although …

Trump raises tariff on Canadian steel, aluminum to 50%, announces 25% levy on electricity
2 weeks, 4 days ago

Trump raises tariff on Canadian steel, aluminum to 50%, announces 25% levy on electricity

Firstpost  

Trump says the increase of the tariffs set to take effect on Wednesday is a response to the price increases that the provincial government of Ontario put on electricity sold to the United States. “Based on Ontario, Canada, placing a 25% Tariff on ‘Electricity’ coming into the United States, I have instructed my Secretary of Commerce to ad an ADDITIONAL …

Markets tank as Trump declares a national emergency
Top News
2 weeks, 4 days ago

Markets tank as Trump declares a national emergency

Daily Mail  

President Donald Trump declared a national emergency on electricity in the United States and doubled the tariffs on aluminum and steel from Canada after retaliatory tariffs from America's neighbor to the north. President Donald Trump ramps up trade war with Canada Trump also warned more auto tariffs are coming on April 2nd. Continuing his combative rhetoric towards Canada since retaking …

Trump’s 25% tariffs on steel, aluminium imports kick in; Canada retaliates
2 weeks, 5 days ago

Trump’s 25% tariffs on steel, aluminium imports kick in; Canada retaliates

Al Jazeera  

Latest tariffs imposed as markets reel from a dizzying series of back-and-forth announcements on trade. United States President Donald Trump’s sweeping tariffs on steel and aluminium imports have taken effect and are set to escalate tensions with US trading partners. Canada, the biggest foreign supplier of steel and aluminium to the US, announced 25 percent retaliatory tariffs on goods including …

Trump doubles planned tariffs on Canadian steel and aluminum to 50% as trade war intensifies
Trending News
2 weeks, 5 days ago

Trump doubles planned tariffs on Canadian steel and aluminum to 50% as trade war intensifies

New Indian Express  

WASHINGTON: President Donald Trump said that he will double his planned tariffs on steel and aluminum from 25% to 50% for Canada, escalating a trade war with the United States' northern neighbor. Trump said the increase of the tariffs set to take effect on Wednesday is a response to the price increases that the provincial government of Ontario put on …

Trump reverses new tariffs threat on Canada after Ontario rescinds electricity charges
Top News
2 weeks, 5 days ago

Trump reverses new tariffs threat on Canada after Ontario rescinds electricity charges

CNN  

CNN — President Donald Trump backed down from an extraordinary trade war escalation Tuesday that had threatened a massive surge in tariffs on Canadian steel and aluminum and new tariffs on Canadian electricity. President Donald Trump earlier on Tuesday threatened a 50% tariff on the country’s aluminum and steel, a sharp escalation in the budding trade war with Canada in …

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