Browsing: tariffs
Canada’s new tariffs on U.S. goods are escalating cross-border trade tensions, with Washington state farmers and manufacturers bracing for higher costs, reduced exports, and uncertain markets.
Washington state businesses are bracing for fallout as U.S.-Canada tariffs escalate, with exporters, farmers and retailers warning of rising costs, lost markets and looming job cuts.
Washington border businesses warn Canadian tariffs on U.S. goods may deter cross-border shoppers, threatening sales and jobs in communities that rely heavily on Canadian customers.
U.S. and Canadian officials are holding urgent, last-minute talks to avert a planned 50% U.S. tariff on $20 billion in Canadian goods, a move that could rattle key industries and trade ties.
Canada announced retaliatory tariffs after the U.S. imposed 50% levies, officials said, signaling a sharp escalation in trade tensions as high-level negotiations collapsed.
The Biden administration has unveiled new tariffs targeting goods linked to forced labor, replacing expiring Trump-era import taxes and signaling a tougher stance on human rights in trade policy.
U.S. Treasury official Bessent told Fox Business the Biden administration’s 50% tariffs on Canadian imports reflect “reciprocity,” Reuters reports, aiming to counter Ottawa’s recent trade measures.
A senior Brussels trade lawmaker warns EU tariff decisions are hostage to US domestic politics, complicating transatlantic negotiations and raising uncertainty for European industries.
President Trump warned he may impose a 100% tariff on European imports if EU nations proceed with planned taxes on U.S. digital services, escalating transatlantic trade tensions.
Canadian travel to the U.S. is dropping sharply as Trump’s tariffs and talk of Canada as a potential “51st state” strain cross‑border ties, raising economic and political concerns.
President Trump has backed down on threatened tariffs against Greenland, saying a framework trade deal has been reached, easing tensions and paving the way for further economic talks
The US Treasury chief urged FedEx to clarify how it will return tariff overpayments to consumers, following policy shifts, and stressed greater transparency in handling trade-related refunds.
Brazilian President Luiz Inácio Lula da Silva will meet former U.S. President Donald Trump to discuss cooperation on combating organized crime and potential tariff measures, highlighting evolving Brazil-U.S. political dynamics.
One year into Trump’s presidency, his aggressive trade agenda has upended global norms, reshaping alliances, supply chains and markets while delivering uneven gains at home.
Trump’s trade agenda is upending decades of global economic policy, redrawing alliances and supply chains even as economists warn of instability, retaliation and mounting uncertainty.
A Midwest manufacturer takes on former president Donald Trump in court, claiming his tariffs hiked costs, threatened jobs and violated the Constitution’s limits on executive power.
President Trump moved to levy new tariffs on dozens of countries, citing alleged use of forced labor, a shift that could reshape global trade ties and spark diplomatic tensions.
Small business owners describe how Trump’s tariffs raised costs, squeezed profits and disrupted supply chains, forcing layoffs, price hikes and hard choices in communities nationwide.
A federal court has struck down a Trump-era tariff imposed after his Supreme Court loss, dealing a fresh blow to his trade agenda and raising questions over executive authority.
India and the US have postponed trade deal talks following a US Supreme Court ruling on Trump-era tariffs, raising fresh uncertainty over future economic ties and negotiations.