Page 25 - Us Tariffs

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

Gold prices hit record high as Trump tariff concerns drive demand

Gold is considered a safe investment during geopolitical turmoil and thrives in a low interest rate environment

US tariff worries may push rupee to all-time low before upcoming budget

Trump is planning to impose tariffs on Canada and Mexico on Saturday and is considering fresh tariffs on China

Asian stocks ease; dollar, gold firms amid lingering tariff fears

With markets in mainland China, Hong Kong and Taiwan still closed for the Lunar New Year, the return of South Korea grabbed the spotlight in Asia

Donald Trump barrels toward tariff showdown with Canada, Mexico, and China

Whatever Trump decides sets the stage for a separate review aimed at China, as well as Canada and Mexico, that could tee up even more tariffs as soon as April

Trump pledges tariffs 'much bigger' than 2.5% and on crucial sectors

Remember, again, the word 'tariff.' We're going to protect our people and our businesses, and we're going to protect our country, with tariffs, Trump added

Trump tells businesses to manufacture in US or face higher tariffs

US President Donald Trump on Thursday addressed the World Economic Forum where he offered business leaders low taxes if they manufacture their products in the US, while threatening them with tariffs if they don't. Addressing the forum's Annual Meeting here through video conferencing, Trump also said he is going to ask Saudi Arabia and OPEC to bring down oil prices and asserted that if prices come down Russia-Ukraine war will end immediately. Throughout the world, food prices went through the roof and I've taken immediate actions to control inflation in America, he said. "United States has the largest amount of oil and gas in the world and I'm going to use it," he said. "I promise to eliminate 10 old regulations for every new regulation... I am going to pass the largest tax cuts in the American history to help our people," he said. At the same time, if a business doesn't manufacture its products in America, there would be tariffs to pay, he warned. Many companies globally have alr

Centre mulls lower duties, more imports to counter Trump's tariff threats

It could also reduce some import tariffs, with officials drawing up a list of likely products, such as bourbon whiskey and farm goods like pecan nuts, they said

Dollar drifts near 2-year high as rate-cut bets fade, eyes on tariffs

The threat of tariffs along with the Federal Reserve's stated measured approach to rate cuts this year have lifted Treasury yields and the dollar

Canadian ambassador warns of 'tit-for-tat' retaliation to US tariffs

Trump has threatened 25 per cent tariffs on all products from Canada and Mexico unless they address his complaints on border security

Canada has counter-tariffs ready if Trump launches trade war, says Trudeau

Trudeau, who said Jan 6 he'll resign as prime minister and Liberal Party leader, will remain in the country's highest political office until members of his party choose his successor on March 9

Trudeau criticises Trump's proposed US tariffs on Canadian products

Trump says he will impose 25 per cent tariffs on all Canadian imports unless Ottawa boosts border security

Dollar falls as markets ponder proposed Trump tariffs, US data in focus

Investors have been pricing in a scenario where the implementation of widespread tariffs could boost US inflation, potentially limiting the Federal Reserve's ability to cut interest rates

Shooting itself in the foot - again: This trade barrier hurts India more

The real problem with India's trade policy lies in a seemingly innocent administrative procedure that doesn't sound half as dangerous as tariffs

China plans record $411 billion special treasury bond issuance next year

The proceeds will be targeted at boosting consumption via subsidy programmes, equipment upgrades by businesses and funding investments in innovation-driven advanced sectors

US raises tariffs on Chinese solar wafers, polysilicon, tungsten imports

The Biden administration plans to raise tariffs on solar wafers, polysilicon and some tungsten products from China to protect US clean energy businesses. The notice from the US Trade Representative's office said tariffs on Chinese-made solar wafers and polysilicon will rise to 50% and duties on certain tungsten products will increase to 25%, effective on Jan. 1, following a review of Chinese trade practices. The tariff increases announced today will further blunt the harmful policies and practices by the People's Republic of China," USTR Katharine Tai said in a statement. "These actions will complement the domestic investments made under the Biden-Harris Administration to promote a clean energy economy, while increasing the resilience of critical supply chains. Last week, Washington tightened restrictions on Chinese access to advanced semiconductor technology. Beijing responded by banning exports to the US of certain critical minerals needed to make computer chips, such as gallium,

US importers to boost shipments to record levels on tariff, strike threats

Trump's proposals for tariffs of 10 per cent to 20 per cent on all imports and a 60 per cent or more tariff on goods from China have added to retailers' anxiety

Americans realise Trump's tariffs on Canada will make life costly: Trudeau

Canadian Prime Minister Justin Trudeau said on Monday said Americans are beginning to wake up to the real reality that tariffs on everything from Canada would make life a lot more expensive" and said he will retaliate if Donald Trump goes ahead with them. Speaking at an event put on by the Halifax Chamber of Commerce, Trudeau also said dealing with Trump will be a little more challenging than the last time because Trump's team is coming in with a much clearer set of ideas of what they want to do right away than after his first election win in 2016. The US president-elect has threatened to impose a 25 per cent tax on all products entering the US from Canada and Mexico unless they stem the flow of migrants and drugs. Trump got elected on a commitment to make life better and more affordable for Americans, and I think people south of the border are beginning to wake up to the real reality that tariffs on everything from Canada would make life a lot more expensive," Trudeau said. On the

Donald Trump's plan to impose 10% tariff on China has $64 bn import hole

It might be difficult to achieve it fully because tens of billions of dollars worth of goods will probably escape those import taxes due to loopholes and undercounting

New measures imminent after Trudeau-Trump meeting: Canada's border minister

LeBlanc was one of a handful of Canadian officials who attended the dinner with Trump and Trudeau, where the two leaders discussed a wide range of issues