Trump, Canada and tariffs
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Bloomberg |
President Donald Trump’s “Liberation Day” tariffs will likely hurt US regional and Canadian banks, while Chinese banks’ exposure seems limited.
Reuters |
China announced additional tariffs of 34% on U.S. goods on Friday, retaliating to President Donald Trump's sweeping tariffs this week that have fed fears of a recession and triggered a global stock m...
Yahoo |
The early reviews have been worrisome. Financial markets had their worst week since the onset of the COVID-19 pandemic, foreign trade partners retaliated and economists warned that the import taxes m...
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Hours before the 25 percent tariff on cars made in Canada went into effect, the largest auto plant in Windsor, Ontario, announced it would close for two weeks.
The Senate vote came after Trump implemented 10% across-the-board tariffs on imports and additional reciprocal tariffs on goods from 60 countries.
Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a global trade war — all while on-again, off-again new levies further escalate uncertainty.
The Senate passed a resolution to undo the emergency declaration the president used to impose the tariffs, but the measure has been blocked in the Republican-controlled House.
President Donald Trump's unilateral 10% tariff on all imports from many countries went into effect just after midnight on Saturday, when U.S. customs agents began collecting.
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World leaders were hit with an escalation in the US trade war as Donald Trump unveiled a swathe of tariffs on imported goods affecting nearly every country.On so-called “Liberation Day”, the United States president announced that almost all imported goods would be hit with blanket tariffs,
Mega-cap tech stocks led the rout, with Apple posting its worst two-day drop since March 2020. Financial stocks also suffered steep losses.
What is President Trump really trying to do with his tariff plan: Is it to protect American jobs, is it about leveling the playing field, or is it about taking the head out of the economy?