He questioned why should the US provide subsidies to Canada and offered that if it indeed becomes a US state, it will receive US military and low taxes
When asked about potential retaliation from other nations over tariffs, US President Donald Trump responded, 'I don't mind'
Trump said he would impose reciprocal tariffs, seemingly targeting countries that have levies on US goods
PM Modi's US visit takes on added significance as Donald Trump plans to introduce reciprocal tariffs, with an announcement expected just before the Indian PM's arrival in Washington DC
Trump said he will introduce new 25 per cent tariffs on steel and aluminium imports into the US
In a statement cited by the WTO, China's government said the measures appeared to be inconsistent with U.S. obligations under the agreement that led to the creation of the trade body
A line of Mexican National Guard and Army trucks rumbled along the border separating Ciudad Jurez and El Paso, Texas Wednesday, among the first of 10,000 officers Mexico has sent to its northern frontier following tariff threats by President Donald Trump. Masked and armed National Guard members picked through brush running along the border barrier on the outskirts of Ciudad Jurez, pulling out makeshift ladders and ropes tucked away in the trenches, and pulling them onto trucks. Patrols were also seen on other parts of the border near Tijuana. It comes after a turbulent week along the border after Trump announced he would delay imposing crippling tariffs on Mexico for at least a month. In exchange, Mexican President Claudia Sheinbaum promised she would send the country's National Guard to reinforce the border and crack down on fentanyl smuggling. Trump has declared an emergency on the border despite migration levels and fentanyl overdoses significantly dipping over the part year. The
Trudeau said the one-day meeting would group leaders in trade, business, public policy, and organized labor to build what he called a long-term prosperity agenda
As part of the agreement on Monday, Sheinbaum said that Mexico will send 10,000 National Guard troops to the US border to stop drugs, particularly fentanyl, from moving into the United States
India's latest accommodation came on Saturday, when government unveiled the first-ever overhaul to its tariff regime, which included sweeping cuts to duties on imports from textiles to motorcycles
Mexican President Claudia Sheinbaum said U.S. and Mexico teams have started to work on Monday on security and business, adding that she proposed the pause in tariffs to Trump
All told, GM plants in Canada and Mexico produced nearly 40 percent of all vehicles the company made last year in North America, the region where it gets most of its revenue
Trump is planning to impose tariffs on Canada and Mexico on Saturday and is considering fresh tariffs on China
Investors and many economists still expect the Fed to reduce interest rates later this year, but the watchword for policymakers for now may be caution until they are more certain inflation will fall
Supply concerns eased after Libya's National Oil Corp said on Tuesday export activity was running normally after it held talks with protesters demanding a halt of loadings at one its main oil ports
While the memorandum did not specify the countries on which the US would impose higher tariffs, Trump has separately mentioned that high tariffs would be slapped
Chrystia Freeland, the former finance minister who is running to replace Justin Trudeau as Canada's prime minister, said Monday Canada needs to release a retaliation list of goods the country would target if US President Donald Trump makes good on his threat to slap 25 per cent tariffs on Canadian goods. A list of products worth 200 billion Canadian dollars (USD 139 billion) would send a message to US exporters about the harm tariffs would cause them, Freeland said in a statement. Being smart means retaliating where it hurts, she said. Our counterpunch must be dollar-for-dollar and it must be precisely and painfully targeted: Florida orange growers, Wisconsin dairy farmers, Michigan dishwasher manufacturers, and much more." Now is the moment when Canada must make clear to Americans the specific costs that will accompany any tariff measures by the Trump administration. Trump has said he will use economic coercion to pressure Canada to become the nation's 51st state. He continues to
Trump during his campaign pledged sweeping tariffs against other nations, including levies of 60 per cent on Chinese products
Here are companies that may be affected
Brent crude futures were down $1.52, or 1.9 per cent, at $78.63 per barrel at 1406 GMT. US West Texas Intermediate crude futures were down by $2.14, or 2.8 per cent, at $75.74