In a retaliatory move against new U.S. tariffs, China’s Commerce Ministry announced Tuesday that it will impose additional tariffs of up to 15% on key U.S. agricultural products, while also expanding controls on business activities with major U.S. companies.
In response to the 25% tariffs recently imposed by the United States, President Claudia Sheinbaum announced Tuesday that Mexico will implement its own retaliatory tariffs on U.S. goods.
Shares in European carmakers and automotive suppliers fell sharply on Tuesday after the U.S. implemented a 25% tariff on imports from Mexico, a key production hub for the automotive sector supplying the American market.
U.S. Commerce Secretary Howard Lutnick announced on Sunday that tariffs on imports from Mexico and Canada are scheduled to go into effect on Tuesday. However, he indicated that the final tariff rates, which could reach a planned 25%, will be set by President Donald Trump and his team.
U.S. Commerce Secretary Howard Lutnick announced on Sunday that tariffs on imports from Canada and Mexico will go into effect on Tuesday, though the exact rates remain uncertain.
Canada, Mexico and the European Union are pushing back against the U.S. decision to increase tariffs on goods. With the March 4 deadline approaching, concerns over supply chain disruptions, rising consumer prices, and a potential global trade war are escalating.
China has called on the United States to cease its investigation into potential new tariffs on copper imports, warning that any imposition of tariffs could provoke retaliatory measures.
U.S. President Donald Trump said on Wednesday that his administration is preparing to impose a 25% tariff on imports from the European Union, a move aimed at addressing longstanding trade disparities.
President Donald Trump held his first cabinet meeting at the White House, turning the event into a question-and-answer session that stretched for over an hour.
The European Union is set to press India to cut its high tariffs on key products such as cars and wine in an effort to boost bilateral trade, reduce reliance on China, and pave the way for a comprehensive free trade agreement, according to a senior EU official.
BEIJING, Feb 20, 2025 – China is “doing its best” to push for talks with the European Union over tariffs imposed on Chinese-made electric vehicles, a commerce ministry spokesperson said on Thursday.
Ottawa, February 19, 2025 – A surprise tariff threat from former U.S. President Donald Trump has upended this year’s Canadian election landscape, turning what appeared to be a clear path to victory for the opposition Conservatives into a nail-biting contest that could result in a minority government
U.S. President Donald Trump has directed his economic team to develop a plan for reciprocal tariffs on imports from countries that impose duties on U.S. goods, intensifying fears of a global trade war.
Canada's Minister of International Trade, Export Promotion, Small Business and Economic Development Mary Ng
The European Union aims for pragmatic cooperation with the U.S. but is prepared to respond firmly if targeted unfairly, European Commission President Ursula von der Leyen said Monday after an informal EU summit discussing trade, security, and U.S. relations.
Trump considers 25% tariffs on Canadian & Mexican imports over immigration & fentanyl concerns, risking $1.6T in trade. Businesses brace for higher costs, while Canada & Mexico vow retaliation.
U.S. President-elect Donald Trump said on Friday that the European Union may face tariffs if the bloc does not cut its growing deficit with the United States by making large oil and gas trades with the world's largest economy.
Special Guests Broadcaster and Analyst Olly Barrat and Aiti Malhotra from the Canadian Global Affairs Institute join AnewZ's Editor-in-Chief Guy Shone \to make sense of Canada’s political crisis, the consequences of the resignation of Finance Ministry Chrystia Freeland.
Canada's government faces uncertainty as Finance Minister Chrystia Freeland resigns, leaving the country vulnerable to looming U.S. tariffs under President-elect Donald Trump.
Canada plans to impose tariffs on a range of Chinese products starting in early 2025, according to the government's fiscal update. This move is part of an ongoing investigation into imports from China, following previous tariffs on Chinese electric vehicles, steel, and aluminum.
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