A trade dispute between Canada and the US has escalated, with several Canadian provinces pulling American-made alcohol from store shelves. The move is a direct response to the Trump administration’s imposition of 25% tariffs on Canadian goods. Lawson Whiting, CEO of Brown-Forman, the company behind Jack Daniel’s, has denounced the Canadian retaliation, calling it “worse … Read more
Washington, DC: US tariffs on Canada and Mexico will go into effect on Tuesday (March 4), as originally planned, but President Donald Trump would determine whether to stick with the original 25 per cent level, America’s commerce secretary, Howard Lutnick, said on Sunday. “There are going to be tariffs on Tuesday on Mexico and Canada. … Read more
Washington, DC: US President Donald Trump seems to have pushed the deadline for the 25 per cent tariffs on Mexican and Canadian goods that America imports. Ahead of his first Cabinet meeting on Wednesday, President Trump acknowledged there has been a decline in illegal border crossings into the United States from Mexican and Canadian borders … Read more
Washington DC: US President Donald Trump is planning to announce tariffs on more products as he pushes to shrink America’s trade deficits, boost domestic manufacturing and achieve other policy goals. According to the President, new levies will imposed on cars, semiconductors, and pharmaceuticals “over the next month or sooner”. The Trump administration has already announced … Read more
Washington DC: Immediately after their hour-long meeting where US President Donald Trump and Prime Minister Narendra Modi discussed the entire gamut of India-US bilateral ties, the two leaders held a joint press conference where they took questions from the international media. With Donald Trump announcing sweeping reciprocal tariffs for all countries as a tit-for-tat trade … Read more
New Delhi: Donald Trump‘s ‘reciprocal tariffs’ Truth Social post early Thursday (6.46am EST, 5.16pm IST) – hours before he meets Prime Minister Narendra Modi in Washington, D.C. – has reconfirmed, if confirmation were necessary, that much, if not all, of the conversation between them will focus on import duties, and underscored the US President’s continuing … Read more
Washington, United States: US President Donald Trump has threatened to open new fronts in his tariffs war by announcing reciprocal levies on other countries as soon as Tuesday, branding this “the only fair way” to trade. Trump’s fresh salvo could bring a broad tariff hike to emerging market economies like India and take aim at … Read more
Washington, United States: When President Donald Trump learned Colombia had pushed back on US deportations, his threat of a massive trade war laid out the stakes: cooperate, or else. Tariffs, just as they were during his first term from 2017 to 2021, are Trump’s weapon of choice on the global stage. While it may be … Read more
New Delhi: Donald Trump on Tuesday denounced India, China, and Brazil as “tremendous tariff-maker(s)” and said his government would not allow the three to continue down this path, declaring, “… we’re not going to let that happen any longer because we’re going to put America first.” Speaking to House Republicans at a Florida retreat, the … Read more