Stocks sink as Trump trade war with Canada, Mexico escalates
Stock markets opened with losses on Tuesday after President Trump's sudden tariffs on Canadian and Mexican goods came into effect, spurring retaliation from two top US trading partners. The Dow Jones industrial average fell 431 points after the opening bell, losing 1% at the start of trading Tuesday. The S&P 500 index fell by 0.9%, […]
Mexico will respond with retaliatory tariffs after Trump action, Sheinbaum says
Mexican President Claudia Sheinbaum said he will announce retaliatory tariffs on Sunday in response to President Trump, who has implemented 25% tariffs on goods from Mexico. She announced at her daily press conference Tuesday that she would be announcing her plans to convene her supporters in Zocaro, Mexico City, the day the tariffs came into […]
Target CEO warns of price hikes on produce in coming days following Mexico tariffs
According to Target's chief executive, Americans can expect to pay higher prices in the coming days for agricultural products such as strawberries, bananas and avocados imported from Mexico as Trump's tariffs. The Minneapolis-based retailer warned that new tariffs and economic uncertainty will put pressure on first-quarter profits as consumers continue to take over their spending. […]
Trump tariffs on Canada, Mexico raises risks, tough choices for businesses
US businesses are enduring the impact of President Trump's new tariffs on Canadian and Mexican goods. After months of threats and deadlines, Trump said Monday it would proceed with implementing a 25% import tax on goods from Canada and Mexico. The new tariffs, scheduled to take effect Tuesday, will mark a dramatic turning point in […]
Trump’s stiff new tariffs on Canada, Mexico and China take effect
New tariffs in Canada, Mexico and China came into effect Tuesday as part of President Trump's efforts to use trade measures to stop the flow of fentanyl to the United States. And Canada is already retaliating. Trump's 25% tariff on Canadian and Mexican products came into effect at 12:01am, a month after the two countries […]
Trump Confirms 25% Tariffs on Canada, Mexico Will Take Effect Tuesday
President Donald Trump confirmed Monday that 25% tariffs in Canada and Mexico will come into effect on Tuesday. While asking questions at a press conference announcing the US $100 billion investment by Taiwan Semiconductor Manufacturing Co. (TSMC) in the US, Trump reiterated that tariffs will be in place on US neighbors on Tuesday. “But what's […]
Car prices may surge $12K after Trump’s Canada, Mexico tariffs
New car prices could surge up to $12,000 after tariffs for the Canadian and Mexican presidents become effective, according to the report. According to a new survey by Anderson Economic Group, an automotive research and consulting firm, the president's 25% tariff on neighbours sends the cost to build a crossover utility vehicle of at least […]
Trump Imposes 25% Tariffs On Canada And Mexico, Effective At Midnight
(l) Canadian flag squeals in the wind (Photo: Matthieu Delaty/Hans Lucas/AFP via Getty Images)/(R)Mexican flag fly in paddock. (Photo: Chris Greiten/Getty Images) OAN Staff James Meyers4:39pm – Monday, March 3, 2025 President Donald Trump announced Monday that there are “no rooms left” in connection with Canada and Mexico avoiding a 25% tariff. advertisement The president […]
Trump says no more deals: Tariffs set to hit Canada, Mexico
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Dow, S&P, Nasdaq crater ahead of Canada, Mexico tariffs
“Claman Countdown” panelists Kenny Polcali and Simeon Highman will analyze how the market responds to tariffs in Canada and Mexico. US stocks fell sharply on Monday before President Trump's 25% tariffs on Canada and Mexico were made public in the middle of the night. Dow Jones Industrial fell nearly 700 points or 1.48%, while Nasdaq […]