Tag: Tariffs
How Trump’s Tariffs Could Affect the U.S., Canada and Mexico
Trump Administration Trump Administration Trump Administration While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners. By Matina Stevis-GridneffAna Swanson and Simon Romero Matina Stevis-Gridneff reported from Toronto, Ana Swanson from Washington and Simon Romero from Mexico City. Decades of trade integration…
How Mexico Is Preparing for Tariffs Negotiations With Trump
President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally against China. But the U.S. stance has shifted, too. By Simon Romero Reporting from Mexico City For the second time in less than decade, Mexico is preparing to negotiate with President-elect Donald J. Trump, who is threatening…
Ontario leader warns of ‘pain’ for US if Trump moves forward with tariffs on Canada
Premier of most populous province says rhetoric clouds trade relationship worth hundreds of billions of dollars The United States will “feel pain” if Donald Trump doesn’t back down from his threat to impose steep tariffs on its northern neighbour, the leader of Canada’s most populous province has warned. After a tumultuous week that left Canadian…
Trump considers declaring national economic emergency to impose tariffs
Move would allow president-elect to implement broad tariffs after threatening Panama, Greenland and Canada Donald Trump is mulling over the idea to declare a national economic emergency to impose widespread tariffs, CNN reports, as the president-elect escalates threats to seize the Panama Canal, acquire Greenland and force Canada into becoming a US state. The emergency…
Trump threatens ‘very high’ tariffs on Denmark over Greenland
US President-elect Donald Trump has threatened “very high” tariffs on Denmark if it resists his effort to take control of Greenland, an autonomous Danish territory. Asked during a news conference Tuesday if he would rule out using military or economic force in order to take control of the strategically-important island, he said: “No, I can’t…
China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to soothe investor worries about impending US tariffs under a Donald Trump presidency. The tightly controlled yuan reached 7.3301 per US dollar, its weakest…
Canadian Ministers Meet Trump Aides at Mar-a-Lago to Discuss Border, and Tariffs
Trump Transition President-elect Donald J. Trump has threatened to impose tariffs on Canadian exports unless the country stops the flow of migrants and fentanyl to the U.S. By Ian Austen and Lisa Friedman Ian Austen reported from Ottawa, and Lisa Friedman from West Palm Beach, Fla. Two top Canadian ministers met on Friday with members…
International News Highlights
Israel and Lebanon are reportedly close to reaching a ceasefire agreement, according to international sources. U.S. President Joe Biden and French President Emmanuel Macron are expected to announce the agreement within the next 36 hours. The Israeli government will vote on the truce this Tuesday.