Page 116 - Latest Updates on Trump tariffs

US President Donald Trump tariffs threaten to upend global economic order

The speed and scope of the import duties that Trump unveiled in executive orders on Saturday prompted widespread criticism from many lawmakers, economists and business groups

Auto, nuclear, beer firms hit hard as Trump tariffs rattle markets

Executives on earnings calls have said Trump's shifting plans for tariffs could disrupt world trade and prompt some companies to move production to the US

Oil prices rise as Trump's tariffs on Mexico, Canada, China stoke fears

Gasoline pump prices in the US are certainly expected to rise with the loss of crude for refineries and the loss of imported products, said Mukesh Sahdev at Rystad Energy

Wall Street joins global stock slide, pares losses with Mexico tariff pause

Automakers, chip stocks fall after Trump announces trade tariffs

EU leaders meet today to discuss defence against Russia and handling Trump

EU leaders are expected to discuss what military capabilities they need in the coming years, how they could be funded and how they might cooperate more through joint projects

Taiwan to support companies in relocating to US following Trump tariffs

Taiwan, whose companies are key producers of tech products like semiconductors and electronics parts, is vulnerable given that many have factories in both Mexico and China

Trump's tariffs to have limited impact on oil, gas prices: Goldman Sachs

Potential tariff-driven decline in US natural gas imports from Canada is too small to significantly raise US natural gas prices, the bank said

Vehicle prices face $3,000 increase as Trump tariffs hit auto sector

The duties would immediately hit almost one quarter of the 16 million vehicles that are sold in the US each year, as well as the parts and components that go into them

Tariff war with US likely to put Canada into recession, say economists

Prime Minister Justin Trudeau's plan to retaliate on C$155 billion ($105 billion) worth of American-made products will trim real gross domestic product growth by 2 to 4 percentage points

Trump's 'tariff thrashing' stimulates crisis response from Canada

Government leaders in Canada also announced more retaliatory measures against the US, and several provinces, including Ontario and Quebec, will remove US products from liquor stores they control

Trump increases EU tariff threat, plans calls with Canada, Mexico

Trump's comments leave little room for optimism of an agreement to avoid a North American trade war that may spread across the world

Markets Today: GIFT Nifty; Trump tariffs; Nikkei; Mfg PMI; Budget 2025; RBI

At 6:50 AM, GIFT Nifty futures were trading 173 points lower at 23,382, indicating a potential gap-down start for the markets

Donald Trump imposes 25% tariffs on Canada and Mexico, 10% on China

Trump's tariffs deliver on a threat to punish the three countries for what he says is a failure to prevent the flow of undocumented migrants and illegal drugs

Did not want this, but Canada is ready: Trudeau announces counter tariffs

Trudeau urged people of his country to purchase local products and consider spending vacations in the country, according to the Canada-based media channel, Cable Public Affairs Channel (CPAC)

Trump tariffs, reforms target loophole used by Chinese online retailers

Under the de minimis exemption, products below that amount are able to enter the US without tariffs, boon for China's e-commerce retailers who ship often cheaper wares directly to consumers in the US

Complete betrayal: Canada reels as Trump tariffs rattle trade relationship

Prime Minister Justin Trudeau has scheduled a news conference for 8:30 p.m. Ottawa time to announce Canada's response to the tariffs, while other political leaders began taking their own actions

China vows unspecified measures to counter US tariffs, threatens WTO action

China "firmly opposes" the levy and will file proceedings to the World Trade Organization, a spokesperson from the Ministry of Commerce said in a statement

Mexico pledges retaliatory tariffs against US while calling for cooperation

Sheinbaum said the country would also implement non-tariff measures, while calling for cooperation with the US on topics including security, migration and addressing the fentanyl public health crisis

Trump's tariffs on Mexico, Canada loom; these goods are in the crosshairs

President Donald Trump said this week that tariffs on US neighbours Canada and Mexico will arrive Saturday. The two nations are not only close geographically, but economically as well. The business between the North American nations now exceeds China, totalling USD 1.8 trillion in 2023. That is far greater than the USD 643 billion in commerce that the US did with China in that same year. Following are just a few imported goods that could be hit first. A grenade' lobbed into auto production For decades, auto companies have built supply chains that cross the borders of the United States, Mexico and Canada. More than one in five of the cars and light trucks sold in the United States were built in Canada or Mexico, according to S&P Global Mobility. In 2023, the United States imported USD 69 billion worth of cars and light trucks from Mexico more than any other country -- and USD 37 billion from Canada. Another USD 78 billion in auto parts came from Mexico and USD 20 billion from ...

Mexico, Canada race to prevent Trump's 25% tariffs before deadline

With the clock ticking, officials were busy making their cases that they've done enough to control the border and limit fentanyl traffic to persuade the US president to stand down