New Delhi: China said on Friday that it will increase the tariff on American goods Xi Jinping The European Union urged the European Union to join hands with Beijing in opposing “unilateral bullying”, referring to the large scale tariffs implemented on Chinese goods imported by President Donald Trump and on goods from the block. The … Read more
In his speech, about 19 minutes, Trump was assigned a rectangular board with the list of countries and regions and the tariff charged over the US. It was also mentioned that mutual tariffs would be charged with America. But this was not the first time that a country took such a measure. In the last … Read more
Ottawa: Canada said it would impose a 25 percent tariff on some autos imported from the United States, retaliating against President Donald Trump’s levies that came into affect on Thursday. Prime Minister Mark Carney announced “25 percent tariffs on all vehicles imported from the United States that are not compliant with CUSMA,” using the Canadian … Read more
Billionaire and DOGE head Elon Musk’s companies, Tesla and SpaceX, have sent letters to the US Trade Representative (USTR) Jamieson Greer highlighting the issues with Donald Trump’s tariff policies. EV maker Tesla has cautioned about the negative consequences on its business from tariffs imposed by other countries on US-made products in response to duties imposed … Read more
New Delhi: India says it has not committed to slashing import duties on US products, days after President Donald Trump announced that New Delhi had agreed to “cut their tariffs way down”. Only weeks into his second term, Trump has upended global trade, targeting friends and foes alike. He has also blamed all trading partners … Read more
From tariffs to counter “unfair trade” to duties over illegal immigration and fentanyl smuggling, President Donald Trump has unleashed a flurry of levies since taking office, sparking fears of a widening trade war. US tariffs of 25 percent on Canadian and Mexican goods came into effect on Tuesday as a deadline to avert them passed … Read more
China’s 10% additional tariff on vehicles with larger engines imported from the US took effect Monday as the two countries failed to reach a deal over the Trump administration’s blanket levy on Chinese goods. The extra tariff went into effect on Monday against goods including vehicles with engines larger than 2.5 liters, according to Chinese … Read more