President Donald Trump has said he will announce a 25% import tax on all steel and aluminium entering the US, a move that will have the biggest impact in Canada.…
Tag: Tariffs
USA: Trump faces moment of reckoning on trade after delaying tariffs
For the first week of Donald Trump’s presidency, tariffs – a favourite talking point during last year’s presidential campaign – were the dogs that didn’t bark. Trade seemed to take…
USA: Trump suspends tariffs on small packages from China
US President Donald Trump has suspended tariffs on small packages from China, after his sudden order ending duty-free treatment for shipments worth less than $800 (£645) left the US postal…
USA: Postal Service halts China parcels after Trump tariffs
The US Postal Service (USPS) said it has stopped accepting parcels from mainland China and Hong Kong until further notice. Letters will not be affected by the suspension, said the…
UK: Threat of US tariffs leaves local exporters ‘nervous’
Two business owners who export to the United States say they could be negatively affected if President Trump carries out his threat to impose tariffs on UK products. Tom Warner,…
USA: Coal and gas among targets of China’s retaliatory tariffs
China has announced retaliatory tariffs against the US after President Donald Trump imposed a 10% tax on all Chinese imports. The counter-measures include a 15% tax on coal and liquefied…
USA: Trump sows uncertainty – and Xi Jinping sees an opportunity
If China was angry at the United States for imposing an extra 10% tariff on all Chinese goods, it did a good job of hiding it. It urged Washington to…
China: Beijing counters Trump’s tariffs with measured opening move
Beijing has made its decision. After days of warning of counter measures and urging Washington to enter negotiations and “meet China halfway”, it has decided to hit back – or…
Canada: Ontario ends contract with Musk’s Starlink over US tariffs
The leader of Ontario – Canada’s most populous province – has said that American companies will be banned from provincial government contracts until the US ends the tariffs President Donald…
USA: Six things that could get more expensive for Americans under Trump tariffs
US President Donald Trump has sparked a trade war by declaring he will impose tariffs on imports from his country’s neighbours Canada and Mexico. Canada has said it will retaliate…