EU, Mexico Condemn Trump's 30% Tariff Threat
Digest more
France has been one of the loudest voices in Europe calling for retaliatory tariffs against the United States if a deal isn’t reached. Macron reiterated a plea for the European Commission, which is negotiating on behalf of the EU countries, to mobilise “all the instruments at its disposal”.
President Donald Trump threatened a 35% tariff on some Canadian goods and raised the prospect of increasing levies on most other countries, ramping up his trade rhetoric in comments that weighed on stocks and boosted the US dollar.
NVIDIA CEO Jensen Huang spoke to USA TODAY about tariffs, trade and his trip to China after a meeting with President Donald Trump at the White House.
Global markets are telling conflicting stories about the possible longer-term impact of U.S. tariffs on growth, a schism that investors say means either stocks or bonds could see a steep correction once it's clear which is right.
Coordinating Economic Minister Airlangga Hartarto emphasized that “shifting global geopolitics”, a likely reference to Washington’s protectionist tariff hikes, has made Europe a more attractive alternative for Indonesian exports.
President Donald Trump published a letter to Prime Minister Mark Carney on Thursday, accusing Canada of having "financially retaliated" against the U.S.
Brazil’s oil exports to the US face potential disruption from threatened tariffs, prompting the country and its state-controlled oil company Petrobras to explore new markets and strategies.
Suppliers to Walmart have delayed or put on hold some orders from garment manufacturers in Bangladesh, according to three factory owners and correspondence from a supplier seen by Reuters, as U.S. President Donald Trump's threat of a 35% tariff on the textile hub disrupts business.
A 200% tariff rate — even with a delay — will have a detrimental effect on drug prices and profit margins, analysts warn.
The Central Asian nation, rich in critical minerals, is deepening its ties to China but does relatively little trade with the United States.