Tag: imports
Trump announces 25% tariffs on car imports to US
US President Donald Trump has announced new import taxes of 25% on cars and car parts coming into the US in a move that threatens to widen the global trade war. Trump said the latest tariffs would come into effect on 2 April, with charges on businesses importing vehicles starting the next day. Charges on…
Canada announces retaliatory tariffs on nearly $30bn worth of US imports
Canadian government says it will follow ‘dollar-by-dollar’ approach and institute 25% tariffs on US imports Canada announced retaliatory tariffs on nearly $30bn worth of American imports after US tariffs on steel and aluminum imports went into effect on Wednesday. The Canadian government said it will be following a “dollar-by-dollar” approach and institute 25% tariffs on…
Trump says he will impose a 25% tariff on aluminum and steel imports
Scott Horsley President Trump says he plans to announce a 25% tax on all imported steel and aluminum, extending a trade battle he launched during his first term in the White House. The move has the potential to give a helping hand to domestic steel and aluminum makers, while also raising costs for businesses and…
Trump to impose tariffs on imports from Canada, Mexico and China
US neighbors hit with 25% tariff and China with 10% as Trudeau pledges ‘forceful but reasonable’ response Donald Trump has vowed to impose sweeping tariffs on Canada, Mexico and China starting this weekend, potentially setting the stage for a damaging trade war between the US and three of its biggest trading partners. Trump also threatened…
Australia exposed to modern slave labour imports and many businesses ‘ignoring the facts’, commissioner warns
The scale of Australia’s trade with blacklisted companies, revealed in Guardian investigation, prompts anger across the Uyghur community Australia’s new anti-slavery commissioner has called on the government to urgently address the “inadequacy” of its forced labour laws after revelations that it had allowed thousands of imports from Chinese companies blacklisted for their alleged links to…
European imports of liquefied natural gas from Russia at ‘record levels’
Rystad Energy releases data days after Ukraine stopped flows of Russian gas through its pipelines Europe bought a record amount of liquefied natural gas from Russia last year, data shows, despite EU efforts to ditch the fossil fuels funding Putin’s war chest. Ships carrying 17.8m tonnes of ultra-cold Russian gas docked in European ports in…
Thailand bans imports of plastic waste to curb toxic pollution
Campaigners welcome move but say success depends on enforcement and global agreement on a treaty Thailand has banned plastic waste imports over concerns about toxic pollution, as experts warn that failure to agree a global treaty to cut plastic waste will harm human health. A law banning imports of plastic waste came into force this…
Russia Turns to Barter to Overcome Western Sanctions
The economic sanctions imposed on Russia following the invasion of Ukraine have forced the country to explore alternatives to maintain its international trade relations. Among these measures, barter has emerged as a key strategy, allowing the direct exchange of goods without relying on money, thereby circumventing international financial restrictions.