Canada’s Prime Minister-designate Mark Carney has said he is ready to negotiate a renewed trade deal with US President Donald Trump, as long as there is “respect for Canadian sovereignty”.…
Category: International Trade
Germany: US tariffs could extend Germany’s recession, says bank
Tariffs on goods being imported into the US could tip Europe’s largest economy into another recession, according to the president of Germany’s central bank. Germany’s economy has contracted for the…
USA: Trump threatens 200% tariff on alcohol from EU
US President Donald Trump has threatened a 200% tariff on any alcohol coming to the US from the European Union (EU) in the latest twist of an escalating trade war.…
UK: MP hits out at ‘very disappointing’ steel tariffs
The tariffs imposed on steel exports to the US are “very disappointing”, the MP for Scunthorpe has said. Donald Trump’s administration has put the 25% charge on all steel and aluminium imported…
Belgium: EU hits back at Trump tariffs and warns against trade war
In Brussels, it was just after 06:00 on Wednesday. But it was midnight in Washington DC when President Donald Trump’s 25% tariffs on steel and aluminium took effect on major…
UK: Starmer says ‘all options on table’ on US tariffs
Prime Minister Sir Keir Starmer has said the UK will “keep all options on the table” as US President Donald Trump’s tariffs on imports of steel and aluminium take effect.…
USA: Trump halts plan for 50% steel and aluminium tariffs on Canada
Donald Trump has halted a plan to double US tariffs on Canadian steel and metal imports to 50%, just hours after first threatening them. Tariffs of 25% still went ahead…
USA: Education department plans to cut half its workforce
The US Department of Education is planning to cut about half of its workforce, as the Trump administration works to slash the size of the federal government. The mass layoffs…
USA: Trump doubles planned tariffs on Canadian metal
US President Donald Trump has said he will double the tariffs he previously announced on Canadian steel and aluminium imports into the US, taking the levies to 50% in total.…
USA: European stocks steady after US markets plunge
A sell-off in global shares eased in Europe on Tuesday following a sharp fall in US stocks that came as investors raised concerns about the negative economic impact of President…