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The new tariffs would add to a growing list of taxes levied by the U.S. against trading partners as part of a growing trade war between once-close allies.
President Donald Trump has said he will impose a 25% tariff on goods imported from Canada beginning April 2.
Trump Retaliates Against Ontario's "Electricity" Tariff, Threatens To "Permanently Shutdown" Canadian Carmakers, Pushes 51st State Idea
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
The price of one dozen eggs rose to a high of more than $8 this month, but reports suggest costs are finally beginning to fall.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Trump walks back tariffs on a wide range of goods from Mexico and Canada for one month
About half of goods from Mexico and more than one-third from Canada won't face the 25% tariff on imports from the two countries that Trump ordered Tuesday.
European assets were predicted to suffer under Trump but are now surging
Archive: https://archive.is/20250306051625/https://www.ft.com/content/2e8109e6-d56b-4c3f-824d-2933eaff1242
“You’d be hard pressed to find another period where the disparate trends across the Atlantic have switched gears like this so profoundly,” said Robert Tipp, head of global bonds at PGIM Fixed Income.
The US had hit a “saturation point” where headlines on tariffs and lay-offs had created a “budding economic pessimism” that had sent investors rushing for haven assets, he added. “Right at that moment, Europe has switched to stimulus.”
Trump grants one-month tariff delay for U.S. automakers
The White House said Trump had spoken with the Big 3 American automakers, Ford, GM and Stellantis.
Although UK may avoid tariffs, overall productivity could be impacted by tit-for-tat tariffs between economies
Hong Kong firms sells major Panama Canal ports to US firm after Trump pressure
The sale is "wholly unrelated to recent political news", a managing director said but was welcomed by President Donald Trump who said his administration "will be reclaiming" the Panama Canal.