Twenty five US states sued the administration of US President Donald Trump on Monday over new tariffs of 10% to 12.5% on goods from 60 trading partners. The tariffs came into effect in July, targeting countries including the UK and China as well as the European Union, over Washington’s contention that they have failed to…
A sweeping package of new Russian sanctions has cleared its first hurdle in the United States Congress, and, if passed, could trigger huge tariffs for countries such as India and China which continue to buy oil from Moscow. The bill, which was advanced in the US Senate this week, has been named for the late…
The US has imposed new tariffs on 60 trading partners in the latest escalation in the trade war reignited by US President Donald Trump when he returned to office last year. Those targeted, including the UK, China and the European Union, will face a tariff of 10% to 12.5% on all goods, accounting for almost…
US President Donald Trump has imposed a 50% tariff on a wide range of goods imported from Canada, in retaliation for what he called “unequal treatment” of US cars, dairy and alcohol. On Tuesday, he said the tariffs are a response to how Canada has treated US farmers. The White House said the duties would…
US President Donald Trump has imposed a 50% tariff on a wide range of goods imported from Canada, in retaliation for what he called “unequal treatment” of US cars, dairy and alcohol. Everyday consumer items like wine and hockey sticks and industrial goods such as cement are among the goods targeted. However, several key exports…
Some residents in northern Ontario were forced to evacuate due to the ongoing fires. One First Nations chief reported her community was “burnt to ashes”. Fires are also burning on the country’s west coast, where more than 59 active fires in British Columbia were reported on Friday. The British Columbia Wildfire Service said that 39…
The Trump administration said on Wednesday that it would impose a new 25 percent tariff on Brazil next week, arguing that the country had adopted a range of unfair trade practices against the United States. The tariff will apply to thousands of Brazilian products, but will exempt several major categories of exports, including oil and…
Since the Supreme Court struck down President Trump’s global tariffs in February, his administration has been busily working to reconstruct them, exploring legal options that would allow them to build back the tariff wall between the U.S. economy and the rest of the world. Late Tuesday night, the Trump administration unveiled part of its Plan…
President Donald Trump said he would increase tariffs charged to the European Union for cars and trucks to 25%, without saying what authority he would use to raise the levies. “Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged…
The deal was eventually approved by the European Parliament in March, but only after a clause had been added, allowing it to be suspended if the Trump administration was deemed to have “undermined the objectives of the deal, discriminated against EU economic operators, threatened member states’ territorial integrity, foreign and defence policies, or engaged in…
