Trump Trade War

President Donald Trump had earlier hinted at the move in response to bans on US alcohol products by several Canadian provinces

The United States is banning dairy products, most alcoholic beverages and motorcycles from Canada, the White House said on Tuesday, as the trade war between the two nations escalates. The ban will take effect in three weeks and comes after Canada imposed retaliatory tariffs on USD 20 billion in US imports earlier Tuesday. US President Donald Trump on Tuesday moved to shut Canadian products out of large, long-term US government contracts as Canada's retaliatory tariffs took effect and Prime Minister Mark Carney vowed to speed efforts to reduce the country's dependence on the United States. Trump directed the US General Services Administration to declare Canadian products ineligible for those contracts until Canada allows "full and fair reciprocity" for American products. Earlier on Tuesday, Carney said Canada's strategy was about becoming more independent. "It's about ensuring that no country can hold us hostage. And that we can live how we want to live." Canada is exploring ties w

Trump and Carney were close to a possible deal, but talks broke down late Friday, and 50% tariffs on about $20 billion in Canadian goods came into effect just after midnight

The United States and Canada, historic allies along an undefended border, fell deeper into a trade war Saturday marked by angry recriminations and new tariffs that are expected to raise prices for products in both countries. Each side blamed the other for the collapse of negotiations in Washington late Friday, leading the US to impose 50 per cent tariffs on USD 20 billion worth of Canadian goods and Canada setting September 8 as the start of its retaliatory penalties. President Donald Trump's import taxes will hit about 5 per cent of what Canada ships to the United States every year, ranging from hockey sticks to tongue depressors. Prime Minister Carney said Ottawa would respond with targeted tariff protection for industries exposed to the new US duties, including some steel products. He also mentioned the dairy, appliance, agricultural equipment, pulp and paper and electronics sectors. No further talks were planned. Whatever the eventual outcome, a loss of trust seems one of the ..

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Brazilian President Luiz Inácio Lula da Silva condemns Donald Trump's 50% import tariff and rejects US interference in Bolsonaro trial

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The news conference, according to Indian time, will take place at 7:30 pm today. However, Donald Trump has not specified the country to which he was referring

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China posted the video after Donald Trump put an additional 34 per cent tariff on Chinese goods. The footage shows Reagan warning that businesses shut down as a result of imposing tariffs

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