President Trump announces plans to impose new tariffs on Canada and Mexico, alongside doubling tariffs on Chinese imports, starting next Tuesday. The move is part of his strategy to address trade imbalances and protect American industries.
President Donald Trump has announced plans to impose tariffs on imports from Canada and Mexico starting next Tuesday. This decision comes alongside a move to double the 10% tariff on Chinese imports.
The tariffs on these countries are part of Trump’s ongoing efforts to address what he sees as unfair trade practices and to protect American industries.
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12:37
Trump tariffs
Japan and the U.S. are facing tough trade talks as Tokyo resists quick concessions under tariff pressure from President Trump, preferring a balanced deal over a rushed agreement ahead of elections and amid broader tensions with China.
17:30
Trump’s tariffs
Hungarian Prime Minister Viktor Orban faces political challenges as U.S. tariffs threaten Hungary's economy. With opposition parties gaining momentum ahead of the 2024 elections, critics argue for a Europe-focused approach, criticizing Orban’s ties with Trump and his economic handling.
17:54
Trump Tariffs
The IMF has lowered global and U.S. economic growth forecasts, citing Trump-era tariffs and rising uncertainty. Global growth is expected at 2.8% this year, while U.S. growth may slow to 1.8%, with heightened recession and inflation risks.
16:02
China
As trade tensions with the United States reach new heights, China has issued a firm rebuke to the Trump administration’s proposed tariffs of up to 245% on Chinese imports, dismissing the measures as a “tariff numbers game” and vowing not to yield to external pressure.
09:46
Asian markets edged higher on Tuesday, lifted by gains in auto stocks after US President Donald Trump suggested he might ease tariffs on vehicles.
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