Trump says he'll impose an additional 10% tariff on China
3 weeks, 1 day ago

Trump says he'll impose an additional 10% tariff on China

Daily Mail  

President Donald Trump fired off another casual tariff threat Monday even as he told reporters 25 percent tariffs on Canada and Mexico were going forward tomorrow. Trump made the comment even as markets were tanking when he said there was 'no room left' for Mexico and Canada to avoid tariffs set to take effect at midnight. Trump has also said he'll impose an additional 10 percent tariff on China, blaming the nation for failing to cut down on fentanyl entering the U.S. With those tariffs looming, Trump got asked about whether he would sign a free trade agreement with Argentina following his meeting with President Javier Milei, the right wing iconoclast who presented Elon Musk with a chain saw to acknowledge his zeal of cutting contracts and slashing the workforce. His repeated comments about tariffs indicate he does not believe the costs will be born by consumers, and considers them a tool to bring industry to the U.S. Trump's remarks in the White House, where he was announcing new chip investments inside the U.S., underscored his ability to impact negotiations or send markets sinking with his words.

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History of this topic

Trump has begun another trade war. Here’s a timeline of how we got here
4 hours, 50 minutes 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 …

China calls on nations to open markets amid looming Trump tariffs
2 days, 4 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. …

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

U.S. President Donald Trump's 25% tariffs on all steel, aluminum imports go into effect
Trending News
1 week, 6 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 …

'Cooler heads prevailed': Trump walks back on threat of 50% tariffs on Canadian steel imports
1 week, 6 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
1 week, 6 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 …

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

Trump defends tariff decisions as hardline trade agenda spooks markets and allies
2 weeks ago

Trump defends tariff decisions as hardline trade agenda spooks markets and allies

CNN  

Washington CNN — President Donald Trump waited to appear in public on Tuesday until the final hour of trading on Wall Street, when he stepped out of the Oval Office to forcefully defend his whipsaw tariff decisions that have roiled the financial markets. Earlier in the day, the White House touted fresh job-creating investments and blamed policies of the Biden …

Why China isn’t as worried about Trump’s trade war as in 2018
2 weeks ago

Why China isn’t as worried about Trump’s trade war as in 2018

Al Jazeera  

Beijing is much better positioned to withstand US tariffs than in the past, analysts say. “I don’t want to understate the impact – that’s almost a tripling of the effective tariff rates for Chinese goods that are coming into the United States, so it’s big,” Beddor told Al Jazeera. At the “Two Sessions” meetings last week in Beijing, the National …

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. Share Share Facebook Copy Link copied Print Email X LinkedIn Bluesky Flipboard Pinterest Reddit Trump launches a trade war during his first term in office — taking particular aim at …

China’s retaliatory tariffs on US to come into effect today as trade war takes shape
2 weeks, 1 day ago

China’s retaliatory tariffs on US to come into effect today as trade war takes shape

Firstpost  

In response to US President Donald Trump’s second round of tariffs, China has imposed 10-15% tariffs on a host of products and imposed targeted measures on dozens of US companies With China’s retaliatory tariffs coming into effect on Monday, the trade war with the United States is now lon in full swing. In response to the second round of tariffs …

China strikes back at Trump tariffs with 15 per cent levies targeting US farmers
2 weeks, 1 day ago

China strikes back at Trump tariffs with 15 per cent levies targeting US farmers

New Indian Express  

WASHINGTON: China retaliated against President Donald Trump's tariffs with an additional 15 per cent tax on key American farm products, including chicken, pork, soybeans and beef. The Chinese tariffs, announced last week, were a response to Trump's decision to double the levy on Chinese imports to 20 per cent on March 4. In a bewildering series of announcements last week, …

Lutnick Says Trump Sticking to US Aluminum-Steel Tariff Timeline
2 weeks, 2 days ago

Lutnick Says Trump Sticking to US Aluminum-Steel Tariff Timeline

Live Mint  

US Commerce Secretary Howard Lutnick signaled he doesn’t expect a reprieve on 25% tariffs for steel and aluminum imports scheduled to take effect on Wednesday. The levies, ordered by President Donald Trump in February, include imports from Canada and Mexico — which are among the top foreign suppliers — and apply to finished metal products, too. Asked on NBC’s Meet …

Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices
Top News
2 weeks, 2 days ago

Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices

Associated Press  

WEST PALM BEACH, Fla. — President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, and isn’t ruling out the possibility of a recession this year. After imposing and then quickly pausing 25% tariffs on imports from Mexico and Canada that sent …

Trump dismisses concerns over back-and-forth levies, says 'tariffs could go up'
2 weeks, 2 days ago

Trump dismisses concerns over back-and-forth levies, says 'tariffs could go up'

NPR  

Trump dismisses concerns over back-and-forth levies, says 'tariffs could go up' toggle caption Ben Curtis/AP/AP President Trump defended his administration's economic policy after he imposed tariffs on Mexico and Canada last week and then rolled some of those levies back, causing what critics say is uncertainty for businesses and the broader economy. During an interview with Fox News Channel's Sunday …

Trump downplays business concerns about uncertainty from his tariffs, prospect of higher prices
2 weeks, 2 days ago

Trump downplays business concerns about uncertainty from his tariffs, prospect of higher prices

LA Times  

President Trump waves before departing on Marine One from the South Lawn of the White House on Friday in Washington. After imposing and then quickly pausing 25% tariffs on imports from Mexico and Canada that sent markets tumbling over concerns of a trade war, Trump said his plans for broader “reciprocal” tariffs will go into effect April 2, raising them …

Trump’s speech to Congress, the tariffs, and Ukraine upended so much this week.
2 weeks, 3 days ago

Trump’s speech to Congress, the tariffs, and Ukraine upended so much this week.

Slate  

This week, the president went ahead with the 25 percent blanket tariffs on Mexico and Canada that were first supposed to be implemented on Day 1, and then again at the beginning of February, and finally, at the beginning of March. Stock markets tanked, Trump made enemies of the United States’ two neighbors, consumer and business confidence shot down while …

Opinion: China stands guard amid Trump's tariff squeeze
2 weeks, 4 days ago

Opinion: China stands guard amid Trump's tariff squeeze

India Today  

The US-China trade war is escalating. Impact on Chinese economy According to certain Chinese estimates, the 10 per cent tariff rate will drag down China's overall export growth rate by about 1.2 percentage points. Extrapolated linearly, the new 10 per cent tariff increase means that China's export growth rate to the US may decline by about 8.2 percentage points. Considering …

Trump’s erratic trade policies are baffling businesses, threatening investment and economic growth
2 weeks, 5 days ago

Trump’s erratic trade policies are baffling businesses, threatening investment and economic growth

Associated Press  

WASHINGTON — Marc Rosenberg, founder and CEO of The Edge Desk in Deerfield, Illinois is getting ready to introduce a fancy ergonomic chair designed to reduce customers’ back pain and boost their productivity. Share Share Copy Link copied Email Facebook X Reddit LinkedIn Pinterest Flipboard Print Rosenberg and his ergonomic furniture, meanwhile, are contending with a 20% tariff on imports …

How Trump justifies his tariffs — from budget balancing to protecting ‘the soul’ of America
2 weeks, 5 days ago

How Trump justifies his tariffs — from budget balancing to protecting ‘the soul’ of America

Associated Press  

WASHINGTON — To President Donald Trump, “tariff” is more than “the most beautiful word in the dictionary,” something he says often. In comments directed at manufacturers, the president added: “If you don’t make your product in America, however, under the Trump administration, you will pay a tariff and in some cases a rather large one.” Trump, however, is granting a …

China slams US tariffs, says its economy is resilient but there are no winners in a trade war
2 weeks, 5 days ago

China slams US tariffs, says its economy is resilient but there are no winners in a trade war

Associated Press  

China will not yield to bullying and its economy can weather higher tariffs imposed by U.S. President Donald Trump and other challenges, the Chinese commerce minister said Thursday, though he added that there are “no winners in a trade war.” Speaking on the sidelines of the annual session of China’s national congress, Wang Wentao reiterated Beijing’s calls for talks. China’s …

Trump Keeps Flip-Flopping on Tariffs. Here’s What’s Actually Happening.
2 weeks, 6 days ago

Trump Keeps Flip-Flopping on Tariffs. Here’s What’s Actually Happening.

Slate  

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. After delaying his initial threat for a month, President Donald Trump implemented 25 percent tariffs on all Mexican and Canadian imports on Tuesday, with a lower 10 percent tier afforded to energy-related imports from Canada. Perhaps in further reaction …

Howard Lutnick teases new Trump tariffs for Mexico and Canada as trade war escalates
2 weeks, 6 days ago

Howard Lutnick teases new Trump tariffs for Mexico and Canada as trade war escalates

Daily Mail  

President Donald Trump could announce rolling back some of the tariffs imposed on Canada and Mexico as early as Wednesday. Commerce Secretary Howard Lutnick appeared on Bloomberg on Wednesday morning where he said the president is considering easing some tariffs. Commerce Secretary Howard Lutnick after President Trump's address to a joint session of Congress on Tuesday When asked for additional …

How will Donald Trump’s tariff policy dictate Wall Street and global markets? EXPLAINED
Trending News
2 weeks, 6 days ago

How will Donald Trump’s tariff policy dictate Wall Street and global markets? EXPLAINED

Live Mint  

Trump tariffs impact: Wall Street's main indexes edged up on Wednesday, after better-than-expected services data allayed worries of a slowdown in the U.S. economy, while investors awaited a potential softer approach from President Donald Trump on trade policy. The S&P 500 was basically unchanged in morning trading after losing 6% since setting its all-time high last month and returning to …

Trump to decide on Canada, Mexico relief today as Howard Lutnick hints at relief for automobile sectors
2 weeks, 6 days ago

Trump to decide on Canada, Mexico relief today as Howard Lutnick hints at relief for automobile sectors

Hindustan Times  

President Donald Trump is set to announce changes to the tariffs on Canada and Mexico he slapped on earlier this week, with potential relief for automobiles and other sectors, Commerce Secretary Howard Lutnick said Wednesday. Trump government will consider providing relief by lowering the levels of the tariffs for specific products that are compliant with regulations under the USMCA deal …

Trump turns up the heat. China says bring it on.
2 weeks, 6 days ago

Trump turns up the heat. China says bring it on.

Live Mint  

BEIJING : As President Trump ratchets up the political and economic pressure on China, Beijing has responded with a clear message: China will resist U.S. efforts to constrain its rise. Beijing sent a similar, albeit more calibrated message, at the opening of China’s annual legislative session on Wednesday, where it set an ambitious goal to expand its economy by around …

‘President is very, very fair’: US hints at tariff cuts on Canada, Mexico - How the deal could play out
2 weeks, 6 days ago

‘President is very, very fair’: US hints at tariff cuts on Canada, Mexico - How the deal could play out

Live Mint  

Commerce Secretary Howard Lutnick has said that the United States could soon engage in talks with Canada and Mexico to reach a deal with the countries on reaching a mid-point over tariffs and roll some of them back, applauding Donald Trump for being ‘fair’ and ‘reasonable’. Speaking to Fox Business, Lutnick said that Trump is considering reaching an agreement with …

Trump tariffs send US stock market spiraling as investors fear trade war
Trending News
2 weeks, 6 days ago

Trump tariffs send US stock market spiraling as investors fear trade war

Hindustan Times  

Major US stock indices fell on Tuesday when the tariffs announced by US President Donald Trump on Canada, Mexico and China came into effect. On top of all this, a trade group representing nearly all major automakers warned that the new 25% tariffs on imports from Canada and Mexico imposed by Trump will lead to drastic price hikes. The Dow …

Businesses scramble to contain fallout from Trump's tariffs on Canada, China and Mexico
Top News
2 weeks, 6 days ago

Businesses scramble to contain fallout from Trump's tariffs on Canada, China and Mexico

Hindustan Times  

A Minnesota farmer worries about the price of fertilizer. Businesses scramble to contain fallout from Trump's tariffs on Canada, China and Mexico Businesses knew that Trump’s import taxes tariffs on America’s biggest trading partners were scheduled to take effect Tuesday. Indeed, Mexico has already taken steps to address the ostensible grievances behind Trump’s Tuesday tariffs — the flow of illicit …

Trump may scale back Canada, Mexico tariff by today, says US Commerce Secretary
2 weeks, 6 days ago

Trump may scale back Canada, Mexico tariff by today, says US Commerce Secretary

Firstpost  

US Commerce Secretary Howard Lutnick indicated that Trump might reconsider some of the tariffs on Canada and Mexico, suggesting a possible compromise. Trump’s new 25 per cent tariffs on Canadian and Mexican imports began on Tuesday, along with an increase in duties on Chinese goods to 20 per cent. U.S. President Donald Trump holds an executive order about tariffs increase, …

Trump tariff uncertainty overshadows growth promises: analysts
2 weeks, 6 days ago

Trump tariff uncertainty overshadows growth promises: analysts

Raw Story  

by Beiyi SEOW President Donald Trump's tariffs and the retaliation they attracted will likely weigh on US growth and boost inflation, according to analysts, but, beyond that, uncertainty surrounding the levies threatens to overshadow optimism about his future policies. Trump reignited trade wars this week with hefty duties on Canadian, Mexican and Chinese imports, drawing sharp retaliation from Ottawa and …

Trump’s tariffs whack Trump voters
2 weeks, 6 days ago

Trump’s tariffs whack Trump voters

Live Mint  

President Trump won the Presidency a second time by promising working-class voters he’d lift their real incomes. Tariffs are taxes, and Mr. Trump’s latest tariffs are estimated to be about an annual $150 billion tax increase. That’s the message investors are sending this week since Mr. Trump let his 25% tariffs on Canada and Mexico take effect. Target CEO Brian …

Hefty tariffs on Canada, Mexico come into effect
2 weeks, 6 days ago

Hefty tariffs on Canada, Mexico come into effect

China Daily  

A "Proudly Canadian" sign and Canada-themed balloons greet a customer at a store in Toronto on Monday as the country braces for US President Donald Trump's sweeping tariffs. KATHERINE KY CHENG/AFP US President Donald Trump's imposition of new tariffs could disrupt North American supply chains and especially damage the continent's auto industry, experts say. Creating bottlenecks "With over 80 percent …

Trump could give Canada, Mexico tariff relief by today: US Commerce Secretary
Top News
2 weeks, 6 days ago

Trump could give Canada, Mexico tariff relief by today: US Commerce Secretary

India Today  

US Commerce Secretary Howard Lutnick said President Donald Trump could scale back some of the 25 per cent tariffs that he imposed Canada and Mexico as early as today, since the two nations were "trying to show that they’ll do better". Trump's new 25 per cent tariffs on Canadian and Mexican imports took effect on Tuesday, along with a doubling …

Trump’s trade war is back on. Here’s how tariffs could hit your wallet
2 weeks, 6 days ago

Trump’s trade war is back on. Here’s how tariffs could hit your wallet

LA Times  

President Trump speaks in the Roosevelt Room of the White House in Washington on March 3. How Trump’s trade war could hit your wallet After earlier threats and a last-minute pause in February, President Trump’s North American trade war has begun while the tariff battle with China escalated. “Californians are the nation’s top consumer of Mexican avocados, importing $602 million …

Jittery Republicans Fear Trump Tariffs Will Cause 'Disaster,' Hike Prices
3 weeks ago

Jittery Republicans Fear Trump Tariffs Will Cause 'Disaster,' Hike Prices

Huff Post  

LOADING ERROR LOADING WASHINGTON — President Donald Trump’s trade war with three of America’s largest trading partners — Mexico, Canada and China — has unnerved congressional Republicans who worry about their constituents paying higher prices on goods and a broader downturn in the U.S. economy. “I assume I’m going to hear from farmers to contact the secretary of commerce to …

Trump’s tariffs are now in effect. They’ll impact what businesses buy — and sell you — worldwide
Trending News
3 weeks ago

Trump’s tariffs are now in effect. They’ll impact what businesses buy — and sell you — worldwide

Associated Press  

NEW YORK — U.S. President Donald Trump’s long-threatened tariffs are here, plunging the country into an escalating trade war with China, Canada and Mexico. For the U.S., the combined tariffs on China, Canada and Mexico could result in about a 0.4% GDP loss, amounting to over $100 billion, he said. 2 sources for products we sell, respectively.” At Target, sales …

Stock market tumbles even further as Trump tariffs spark market panic
3 weeks ago

Stock market tumbles even further as Trump tariffs spark market panic

Daily Mail  

Wall Street fell deep in the red Tuesday as a full-blown trade war between the U.S. and its top trading partners rattled investors. Chinese products also saw an an additional increase in tariffs after the Trump administration imposed a 10 percent tax in February. In response, the Dow Jones Industrial Average dropped 1.5 percent by the end of March 4, …

Trump vows more Canada tariffs even as stock market continues sinking
3 weeks ago

Trump vows more Canada tariffs even as stock market continues sinking

Raw Story  

President Donald Trump on Tuesday vowed to hit Canada with even more tariffs despite the fact that the current round has caused the stock market to sink for a second straight day. Writing on his Truth Social page, Trump hit back at Canadian Prime Minister Justin Trudeau for implementing retaliatory tariffs against the United States. The United States imports significant …

Trudeau blasts Trump’s tariffs as ‘dumb,’ accuses US of plotting to annex Canada
3 weeks ago

Trudeau blasts Trump’s tariffs as ‘dumb,’ accuses US of plotting to annex Canada

Firstpost  

Trudeau made the announcement just hours after U.S. President Donald Trump slapped 25% tariffs on imports from Mexico and Canada. Canada announced 25% tariffs on $30 billion of goods went into effect early Tuesday, said Canadian PM Justin Trudeau, adding that he would expand tariffs to “the remaining $125 billion of American products in 21 days time.” He accused Trump …

Donald Trump tariffs highlights: US Commerce Secretary hopes to reach ‘middle ground’ with Canada, Mexico
Top News
3 weeks ago

Donald Trump tariffs highlights: US Commerce Secretary hopes to reach ‘middle ground’ with Canada, Mexico

Hindustan Times  

Donald Trump Live Updates: Canada's Prime Minister Justin Trudeau speaks during a news conference about the US tariffs against Canada on March 4, 2025 on Parliament Hill in Ottawa. Donald Trump highlights: US President Donald Trump's new trade tariffs on Mexico, Canadian and Chinese goods sparked fears of a trade war. How China, Mexico and Canada responded China responded immediately, …

China Hits Back At Trump's Tariffs
3 weeks ago

China Hits Back At Trump's Tariffs

Huff Post  

LOADING ERROR LOADING BEIJING — China responded to new U.S. tariffs by announcing Tuesday it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef, and expanded controls on doing business with key U.S. companies. PEDRO PARDO via Getty Images By raising tariffs, the U.S. has repaid kindness with …

Trump news live: U.S. forecast to enter recession after Trump crashes markets with tariffs on Canada, China and Mexico
3 weeks ago

Trump news live: U.S. forecast to enter recession after Trump crashes markets with tariffs on Canada, China and Mexico

The Independent  

✕ Close ‘No room left for Mexico or Canada’ in tariffs deal, says Donald Trump 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 …

Trump tariffs against Mexico, Canada & China take effect, trigger a global trade war
3 weeks ago

Trump tariffs against Mexico, Canada & China take effect, trigger a global trade war

Firstpost  

As US President Donald Trump has imposed tariffs on Canada, Mexico, and China, and retaliations have already been announced, the world is staring at a looming trade war US President Donald Trump took the first real steps towards plunging the world into a trade war on Tuesday. After days of suspense, Trump’s 25 per cent tariffs on Canada and Mexico …

America First: Donald Trump Imposes Fresh Tariffs On Canada, China, Mexico, Triggers Trade War Concerns
3 weeks ago

America First: Donald Trump Imposes Fresh Tariffs On Canada, China, Mexico, Triggers Trade War Concerns

ABP News  

US President Donald Trump’s fresh tariffs on Mexico and Canada became effective on Tuesday. US Tariffs On China Doubled Earlier last month, the US imposed a 10 per cent tariff on Chinese goods as a punishment for the Asian economy over the fentanyl overdose crisis in the US. The recent additional 10 per cent takes the overall duties on Chinese …

Trump now threatens UK with major tariffs
3 weeks ago

Trump now threatens UK with major tariffs

Daily Mail  

President Donald Trump fired off another casual tariff threat Monday even as he told reporters 25 percent tariffs on Canada and Mexico were going forward tomorrow. Trump made the comment even as markets were tanking when he said there was 'no room left' for Mexico and Canada to avoid tariffs set to take effect at midnight. Trump has also said …

How economists would enact Trump’s trade goals. Hint: not like this.
3 weeks ago

How economists would enact Trump’s trade goals. Hint: not like this.

Live Mint  

With tariffs poised to take effect on Tuesday on products from Canada and Mexico, plus threats of levies on imports from the European Union, one thing is clear: President Donald Trump likes the number 25. “There’s nothing magical, useful, or relevant about the number 25%," University of Michigan professor of public policy and economics Justin Wolfers tells Barron’s. Michael Klein, …

Trump tariffs usher in new era of protectionism
3 weeks ago

Trump tariffs usher in new era of protectionism

Live Mint  

The U.S. economy entered a new era at 12:01 a.m. Tuesday, as President Trump’s tariffs on imports from Mexico and Canada took effect. Trump also has said that tariffs would lead to more manufacturing in the U.S. ​​“So they’re going to have a tariff, and what they have to do is build their car plants, frankly, and other things, in …

Why Trump's tariffs on China, Mexico, Canada are bad news for the US
3 weeks ago

Why Trump's tariffs on China, Mexico, Canada are bad news for the US

Firstpost  

US President Donald Trump is imposing 25 per cent tariffs on imports from Mexico and Canada, along with doubling China’s tariff rate to 20 per cent. These measures affect over 43 per cent of the $3.1 trillion in US imports, including $173 billion in auto parts from Mexico and $93 billion in crude oil from Canada. File Image/Reuters As United …

US stock market: Wall Street indices sink as Trump confirms tariffs on Mexico, Canada
3 weeks ago

US stock market: Wall Street indices sink as Trump confirms tariffs on Mexico, Canada

Firstpost  

The Dow Jones Industrial Average fell 1.5 per cent to 43,191.24, while the S&P 500 lost 1.8 per cent to close at 5,849.72. The Nasdaq Composite saw a steeper decline, dropping 2.6 per cent to 18,350.19 A Wall Street sign hangs in front of a US Flag outside the New York Stock Exchange in New York City, US, September 18, …

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