BREAKING: Trump slaps additional tariffs on Canada
President Donald Trump announced the new tariffs on Canada in a social media post over the targeting of U.S. ‘electricity. source
Goldman Sachs’ David Solomon says ‘business community understands’ Trump tariffs
Goldman Sachs CEO David Solomon said the business community “understands” that President Trump is “trying to do with tariffs,” but added that executives “always want lower tariffs.” Solomon's comments on Fox Business Network's Maria Bartiromo on Wednesday came a week after Trump said he wanted “leveling the arena” by imposing taxes on imports. “I think […]
Canada announces $21B in new US tariffs as trade war heats up
O'Leary Ventures Chairman Kevin O'Leary analyzes President Donald Trump's tariff fight against Canada in “Varney & Co.” #foxbusiness #varney Canada announced an additional $21 billion tariff on the US on Wednesday after President Donald Trump's new 25% tariffs on steel and aluminum came into effect. Canada is the largest foreign supplier of steel and aluminum […]
Canada will level $20B in tariffs in response to Trump moves on steel, aluminum
Canada is expected to impose $20.7 billion in retaliatory tariffs after President Trump decided to enforce 25% tariffs on steel and aluminum, which came into effect Wednesday. Associated Press A senior Canadian government official said he spoke about the anonymity status and confirmed the move on Wednesday as he was not permitted to speak before […]
Trump’s tariffs won’t solve the opioid crisis, but a deal with China might
To make synthetic drugs like fentanyl, all you need is $3,600 and internet connection. It's very easy – not quite like a poppy field guarded by hired guns or complex factories run by genius chemists last year. To make fentanyl, you don't need an advanced degree or farmland. You can ship the ingredients to you […]
EU retaliates as Trump steel, aluminum tariffs take effect
The European Union responded quickly with a two-stage approach in response to President Trump's 25% tariffs on steel and aluminum that came into effect Wednesday. First, the 27-nation European trade bloc will allow the US to suspend existing 2018 and 2020 measures on April 1. Second, the committee proposes a new measurement package for new […]
Are there benefits to Trump's tariffs?
Amid the Trump trade war with Canada, Mexico and China, some US businesses and consumers are worried about their revenues, while others and workers are welcoming the implementation of new tariffs. Anhauser Bush, who owns Budweiser and Michelob among other drinks, is reportedly excited by the additional tax on Mexican and Canadian beer. Since most […]
Futures rise after Wall St selloff; tariffs, inflation data in focus – Yahoo Finance
(Reuters) – U.S. stock index futures rose Wednesday, stabilizing after volatility in the previous session as investors assessed the impact of President Donald Trump's protectionist tariffs on basic metal imports and looked at key inflation reports. He said Trump's 25% obligation to all steel and aluminum imports, which he announced last month, has come into […]
Trump responds after Trudeau announces retaliatory tariffs
After U.S. President Donald Trump’s 25 per cent tariff on Canadian goods went into place, Prime Minister Justin Trudeau … source
The EU announces countermeasures to Trump’s tariffs
The European Union announced its own measures on Wednesday, saying it will come into effect on April 1 after the Trump administration officially increased tariffs on all steel and aluminum imports to 25%. “The US is applying tariffs worth $28 billion, so we are responding with measures worth 26 billion euros ($28 billion),” European Commission's […]