Articles for Tariffs Trump

EU faces unpredictable 'Trump 2.0'
3 days, 18 hours ago

EU faces unpredictable 'Trump 2.0'

China Daily  

Ukrainian refugees sit on the pavement in Kocs village, Hungary, on Aug 21, after about 120 refugees were evicted from a guesthouse. Lai Suetyi, an associate professor at the Center for European Studies at Guangdong University of Foreign Studies, told China Daily that the EU is worried about "Trump 2.0", citing the many discussions, debates and media coverage going on …

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Trump threatens tariffs if EU doesn’t buy more oil and gas from US
3 days, 18 hours ago

Trump threatens tariffs if EU doesn’t buy more oil and gas from US

Al Jazeera  

EU spokesman says 27-nation bloc, which already buys most US oil and gas exports, open to talks with president-elect. Replying to questions on Trump’s threat on Friday, an EU spokesman said the 27-nation bloc was open to talks, noting that the US also enjoyed “a substantial trade in services surplus vis-a-vis the EU”. Reporting from Brussels on Friday, Al Jazeera’s …

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Canada's finance minister resigns. Prime Minister Trudeau has a political crisis
6 days, 18 hours ago

Canada's finance minister resigns. Prime Minister Trudeau has a political crisis

NPR  

Canada's finance minister resigns. Prime Minister Trudeau has a political crisis STEVE INSKEEP, HOST: What is going on with democracies? And now Canada's Prime Minister Justin Trudeau faces a crisis. As you say, Chrystia Freeland, the deputy prime minister, the finance minister, she was the original Justin Trudeau liberal before he was prime minister. And we learned from her resignation …

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Employers and workers alike are wary of what the second Trump term will mean for labor
1 week ago

Employers and workers alike are wary of what the second Trump term will mean for labor

LA Times  

Then-President Trump speaks during a news conference in the Rose Garden of the White House in 2020. After four years under Joe Biden, who enthusiastically called himself “the most pro-union president in American history,” employers and labor groups alike are heading into President-elect Donald Trump’s second term unsure of what lies ahead. Under Jennifer Abruzzo, whom Biden appointed to run …

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Here’s what could get significantly more expensive under Trump’s tariff plan
1 week, 4 days ago

Here’s what could get significantly more expensive under Trump’s tariff plan

CNN  

New York CNN — Import taxes are set to spike under the incoming Trump administration, forcing Americans to pay more for everything from foreign-made sneakers and toys to food, according to new research. “President Trump will work quickly to fix and restore an economy that puts American workers first by re-shoring American jobs, lowering inflation, raising real wages, lowering taxes, …

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Biden: Trump’s tax and tariffs plans are a ‘major mistake’
1 week, 6 days ago

Biden: Trump’s tax and tariffs plans are a ‘major mistake’

Politico  

The remarks represented the president’s sharpest and most extensive criticism of Trump since the November election, with his attacks growing more direct as he got deeper into the nearly 40-minute speech. He mocked Trump for his failed first-term infrastructure push and for spurning pledges to “buy American.” And he cautioned that Trump’s plan to renew a set of expiring tax …

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After Threatening Hefty Tariffs, Trump Says Canada And Mexico Should Become A US State
Trending News
2 weeks ago

After Threatening Hefty Tariffs, Trump Says Canada And Mexico Should Become A US State

ABP News  

Observing the US is subsidising its two neighbours Canada and Mexico to the tune of USD 100 billion and USD 300 billion, respectively, incoming US President Donald Trump on Sunday said that if that is the case then these two countries better be a part of America. Trump, 78, has threatened to impose hefty tariffs on both Canada and Mexico …

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Trump names former Sen. David Perdue of Georgia to be ambassador to China
2 weeks, 2 days ago

Trump names former Sen. David Perdue of Georgia to be ambassador to China

LA Times  

Former Sen. David Perdue of Georgia, a former business executive, is the president-elect’s choice for envoy to one of America’s most potent economic and military adversaries. President-elect Donald Trump has selected former Sen. David Perdue of Georgia to be the U.S. ambassador to China, leaning on a former business executive turned politician to serve as the administration’s envoy to one …

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Trump discusses border, energy with Canada's Trudeau as trade war looms large
3 weeks, 1 day ago

Trump discusses border, energy with Canada's Trudeau as trade war looms large

India Today  

US President-elect Donald Trump said on Saturday he discussed the border, trade and energy in a "very productive" meeting with Canadian Prime Minister Justin Trudeau amid fears of a trade war. "We discussed many important topics that will require both Countries to work together to address, like the Fentanyl and Drug Crisis that has decimated so many lives as a …

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Canada’s Trudeau Arrives in Florida for Meeting With Trump
3 weeks, 2 days ago

Canada’s Trudeau Arrives in Florida for Meeting With Trump

Live Mint  

Canadian Prime Minister Justin Trudeau is meeting with President-elect Donald Trump on Friday, according to people familiar with their plans, as the incoming US leader threatens to implement fresh tariffs on neighboring countries unless they halt the flow of illegal drugs and undocumented migrants across borders. Trump earlier this week vowed to hit Canada and Mexico as well as China …

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Trump returns to ‘maximum pressure’ as era of Biden alliances ends
3 weeks, 5 days ago

Trump returns to ‘maximum pressure’ as era of Biden alliances ends

Live Mint  

WASHINGTON—President-elect Donald Trump’s brandishing of tariffs on goods from Canada, Mexico and China marks the passage from one era to another: Partnerships are out, and coercion is in. “His whole worldview is maximum pressure, it’s that simple," said a Trump adviser under consideration for a senior foreign-policy position. “Tariffs on allies are a more benign option than sanctions on adversaries, …

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Trump names first administration veterans Greer, Hassett to economic posts
3 weeks, 5 days ago

Trump names first administration veterans Greer, Hassett to economic posts

Al Jazeera  

US president-elect taps Jamieson Greer and Kevin Hassett as trade representative and top economic adviser, respectively. United States President-elect Donald Trump has tapped Jamieson Greer and Kevin Hassett, two veterans of his first administration, as his trade representative and top economic adviser, respectively. Greer played a key role in prosecuting Trump’s trade war with China as chief of staff to …

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US President-elect Donald Trump vows to impose 25% tariffs on Canadian, Mexican imports over border security concerns
Trending News
3 weeks, 6 days 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 …

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Canadian officials blast Trump’s tariff threat, and one calls Mexico comparison an insult
3 weeks, 6 days ago

Canadian officials blast Trump’s tariff threat, and one calls Mexico comparison an insult

LA Times  

“To compare us to Mexico is the most insulting thing I’ve ever heard from our friends and closest allies, the United States of America,” said Ontario Premier Doug Ford, pictured at an October event with Prime Minister Justin Trudeau. Canadian officials on Tuesday blasted President-elect Donald’s Trump’s threat to impose sweeping tariffs, as the leader of the country’s most populous …

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For every tariff, there'll be a response in kind: Mexico fires back after Trump's threat
3 weeks, 6 days ago

For every tariff, there'll be a response in kind: Mexico fires back after Trump's threat

India Today  

President Claudia Sheinbaum suggested on Tuesday that Mexico could retaliate with tariffs of its own, after US President-elect Donald Trump threatened to impose 25% import duties on Mexican goods if the country doesn't stop the flow of drugs and migrants across the border. "One tariff would be followed by another in response, and so on until we put at risk …

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Trump tees up tariff hikes on top trading partners. What’s at stake for California?
3 weeks, 6 days ago

Trump tees up tariff hikes on top trading partners. What’s at stake for California?

LA Times  

A cargo ship leaves the Port of Los Angeles. He said these countries — which are the United States’ top three trading partners — would be paying the price for not doing enough on illegal migration and drugs flowing into the U.S. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens …

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Will India gain as Trump points tariff bazooka at China?
3 weeks, 6 days ago

Will India gain as Trump points tariff bazooka at China?

India Today  

"It is time for them to pay a very big price!" "Many corporates with factories, establishments and offices affected by higher tariffs would be prone to diversify their production chains to geographies like India, Vietnam, Indonesia and South Korea," Nilanjan Ghosh, Director at ORF, tells India Today Digital. In an interview with India Today TV, geopolitical expert Farid Zakaria said …

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Trump tries to force other countries to negotiating table on immigration and trade with promise to hike tariffs
3 weeks, 6 days 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 …

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Trump's Truth Social rant suggests he'll "intentionally raise prices for the American people"
3 weeks, 6 days ago

Trump's Truth Social rant suggests he'll "intentionally raise prices for the American people"

Salon  

Donald Trump, who won in part due to inflation that peaked two years ago, campaigned on a policy of making everything from vegetables to televisions more expensive, suggesting a plurality of voters either did not understand tariffs — and the rippling economic impact of raising taxes on imported goods — or simply did not believe the Republican candidate would follow …

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Donald Trump vows to slap 25 per cent tariffs on Mexico, Canada, China
3 weeks, 6 days 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 …

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Scott Bessent sees a coming ‘global economic reordering.’ He wants to be part of it.
4 weeks ago

Scott Bessent sees a coming ‘global economic reordering.’ He wants to be part of it.

Live Mint  

Scott Bessent spent the past 40 years studying economic history. As a hedge-fund manager, first at George Soros’s firm and later at his own, Bessent specialized in macro investing, or analyzing geopolitical situations and economic data to wager on big-picture market moves. Bessent became one of Trump’s closest advisers by adding depth to his economic proposals and defending his plans …

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Trump's growth and trade agendas are at odds. His economic team will point to the winner.
1 month ago

Trump's growth and trade agendas are at odds. His economic team will point to the winner.

Live Mint  

Wall Street is glued to “The Apprentice: Treasury Edition." There are two main planks to that agenda: tax cuts and deregulation to bolster economic growth; and tariffs to reduce the trade deficit and bring back factory jobs. Inflation-indexed bonds and derivatives expect inflation next year will be about a quarter of a percentage point higher than they anticipated a month …

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Opinion: Biden has a small window to make big fixes to U.S. trade policy
1 month ago

Opinion: Biden has a small window to make big fixes to U.S. trade policy

LA Times  

The return of Donald Trump to the White House in 2025 will spark a significant shift in U.S. economic policy across numerous issue areas, but changes to U.S. trade and industrial policy might be more subtle than severe. After campaigning in 2020 against the broad-based and damaging tariffs Trump imposed, President Biden maintained and even expanded U.S. trade restrictions and …

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American companies are stocking up to get ahead of Trump’s China tariffs
1 month ago

American companies are stocking up to get ahead of Trump’s China tariffs

Live Mint  

By 9 p.m. on election night, it had become clear to Jason Junod that Donald Trump was returning to the White House. When Trump began his trade war against China in 2018, U.S. businesses scrambled to front-load imports before tariffs were implemented, according to an International Monetary Fund analysis. Though China’s share of U.S. imports has declined to roughly 14% …

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