As President Trump entered his second term, the trade war he started with China and which former President Biden kept in place suggests taming the deficit to
President Donald Trump said in an Oval Office signing ceremony Monday evening that his administration will impose 25% tariffs on Mexico and Canada on February 1, an extraordinary change in North American trade policy that could raise prices for American consumers.
Trade battles being threatened by President Trump would spike food prices, help China and risk key U.S. economic relationships, Mexico’s former trade chief said Monday “I say bring it
But don’t be misled by the aggrieved tone of this commentary. China’s leaders must be quietly satisfied with Mr Trump’s start. The new president did not impose fresh tariffs on day one, as some in Beijing had feared. China’s currency did not weaken. And though the Chinese stockmarket wobbled, it did not plunge.
President Donald Trump said a 25% tariff on Canada and Mexico could come on February 1 and that a universal tariff isn't off the table.
Critics argue that China may be using Mexico as a back door to evade U.S. tariffs. They note that Chinese exports to Mexico have doubled in a decade. Chinese auto-part firms have set up shop from ...
He’s threatening to do it again. Round One inadvertently pushed China and Mexico closer together on trade and foreign investment, as China sought new trade partners and a detour for its exports ...
President Donald Trump is fanning the flames of a trade war with China by renewing campaign threats to up duties on products made by the sourcing superpower. In a statement to reporters at the White House on Tuesday evening, Trump said his administration was considering levying 10-percent tariffs on China starting next month.
U.S. President Donald Trump will speak remotely at the World Economic Forum on Wednesday in Davos, Switzerland, delivering his first major speech to global business and political leaders. Trump is due to give a speech and engage in a dialogue at 11 a.
Mexican President Claudia Sheinbaum joked that if Trump went ahead with the renaming, her country would rename North America “Mexican America.” On Tuesday, she toned it down: “For us and for the entire world it will continue to be called the Gulf of Mexico.”
Southeast Asia faces a critical turning point as Donald Trump’s tariffs threaten to reshape the region’s role in global supply chains.