Trump Threatens 35% Tariff on Canadian Goods
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President Donald Trump has officially delayed imposing higher tariffs on US imports, while sending letters to 14 countries including Japan and South Korea detailing the levies they face. The latest development comes as a 90-day pause the White House placed on some of its most aggressive import taxes was set to expire this week.
The European Union expects to find out on Monday whether President Donald Trump will impose punishing tariffs on America’s largest trade partner in a move economists have warned would have repercussions for companies and consumers on both sides of the Atlantic.
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Cryptopolitan on MSNUS proposes 10% baseline tariff on EU goods, with carve-outs for jets and spiritsThe US has pitched a new tariff deal to the European Union that would keep a 10% flat rate on all incoming goods, but with exceptions for aircraft and
This follows last-minute talks by the EU, Japan, and South Korea to strike trade deals and avoid steep US tariffs.
President Donald Trump has sent out tariff letters to seven smaller U.S. trading partners in his first batch of import tax announcements of the day.
Automakers and suppliers hoping the end of President Donald Trump’s 90-day pause on his “Liberation Day” tariffs would give them much-needed clarity on long-term U.S. trade policy will have to keep waiting.
Oil prices are set to end the week higher after Trump delayed his tariffs and the Houthis sunk ships in the Red Sea.
The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty duties.