Trade War Begins With Tariffs Set to Slam China
After many months of threats, the US has imposed 10% tariffs on all Chinese goods coming into the country. Helen Qiao, chief economist for Greater China at Bank of America, joins John Lee and Katia Dmitrieva to gauge the impact in the world's second largest economy and what could lay ahead.
Trump imposes new tariffs on imports from Mexico, Canada and China in new phase of trade war
Starting Tuesday, nearly all imports from Canada and Mexico will be charged a 25% tariff, while goods from China will be charged a 10% tariff.
Trump launches trade war with tariffs on Mexico, Canada and China
The move likely will trigger retaliation and risk igniting a trade war that could cause broad economic disruption for all countries involved.
With stiff tariffs he promised now in place, Trump opens a new trade war
On Friday afternoon, around the same time a delegation of senior Canadian officials was preparing to meet with President Donald’s Trump’s border czar in a bid to stave off withering new tariffs, Trump himself essentially told them from afar: Don’t bother.
US trade deficit hits record that will be a Trump target
President Donald Trump's mission to close the U.S. trade deficit met a greater challenge as America's trade deficit in goods soared to a record $1.2 trillion in 2024.
US Trade Gap Ballooned Ahead of Trump Term, Tariff Promises
The US trade deficit widened sharply at the end of 2024 on a surge in imports prior to the start of Donald Trump’s second term as president and his follow-through on the promise of sweeping tariffs.
Factbox-'De minimis': the trade perk Trump ended as part of China tariffs
U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from China, the "de minimis" exemption on import tariffs. Trump's halt to Section 321 de minimis is part of his implementation of an additional 10% tariff on China and 25% tariffs on Canada and Mexico,
US trade gap swells as Trump renews scrutiny of deficits
The US trade gap swelled last year to its second-largest on record, government data showed Wednesday, as deficits come under the spotlight with President Donald Trump's return to the White
A top business consultant says that Trump’s trade policies are forcing business leaders build ‘tariff war rooms’
Late-night hosts have mocked them, and public markets have yet to take them seriously, but Fortune 500 companies can’t afford ...
Why a trade war with Canada, on hold for now, could increase Iowa's gas prices
The Midwest has become increasingly reliant on cheap Canadian oil over the last two decades, and switching to another source ...
Trump says Americans could feel ‘some pain’ from his new tariffs that triggered a trade war
President Trump says Americans could feel 'some pain' from the emerging trade war he triggered with tariffs against Canada, ...
New York Magazine3d
Canada Tariffs Delayed Too: Trade War Updates
According to President Sheinbaum, Mexico has cut a deal with the U.S. to delay the tariffs. Under the deal, she said Mexico ...
Trump’s tariff gambit: As allies prepare to strike back, a costly trade war looms
Steep tariffs risk sparking retaliatory measures that could rattle the domestic economy. It’s happened before.
Detroit automakers see stock prices drop as Trump's trade war, tariff fears shake market
GM, Ford and Stellantis stock plunged in initial trading Monday in light of a pending trade war. But Wall Street showed some ...
‘World’s dumbest trade war’: Kimmel, Meyers, and more late-night hosts react to Trump’s tariffs
Trump has backed off, at least temporarily, but Jimmys Kimmel and Fallon, Stephen Colbert, and Seth Meyers wondered if the ...
Most Gulf markets in red on trade war fears from Trump tariffs
Gulf stock markets fell in line with global shares on Monday, as U.S. President Donald Trump's tariffs on Canada, Mexico and ...