In response to U.S. tariffs, Canada announces retaliatory measures affecting $155 billion worth of American goods, escalating trade tensions and sparking fears of economic repercussions.
In response to U.S. tariffs on Canadian imports, Prime Minister Justin Trudeau has announced retaliatory tariffs on $155 billion worth of U.S. goods, targeting items from American beer to household appliances. Trudeau emphasizes the minimal role of Canada in U.S. fentanyl issues and calls for cooperation over conflict.
Former President Donald Trump's use of the acronym 'FAFO' in a Truth Social post has escalated a diplomatic dispute with Colombia over immigration policies, leading to proposed tariffs and visa bans. The situation underscores tensions over sovereignty and the potential economic impacts on American consumers.
President Donald Trump announced retaliatory measures against Colombia, including tariffs and visa sanctions, after the country refused U.S. military deportation flights. The dispute highlights tensions over U.S. immigration policies and their impact on U.S.-Colombia relations.
President-elect Donald Trump's recent ultimatum to the BRICS countries threatens a 100% tariff on their exports to the U.S. if they attempt to establish a new currency away from the dollar. This reflects growing tensions as BRICS nations push back against U.S. financial dominance, highlighting the fragile balance of power in global trade.
President-elect Donald Trump has named Howard Lutnick, CEO of Cantor Fitzgerald, as his pick for Secretary of Commerce. This unexpected nomination is part of Trump's strategy to enforce a stronger tariff and trade agenda. In addition to his duties at the Commerce Department, Lutnick will oversee the U.S. Trade Representative's office, instrumental in forming U.S. trade policies. His financial sector experience and ties to Trump positioned him ahead of other potential candidates. The appointment marks a strategic shift towards heightened tariffs, echoing Trump's campaign promises, with Lutnick championing these measures as essential for safeguarding American jobs and boosting economic prosperity. Acknowledged for his humanitarian efforts post-9/11, Lutnick's new role promises significant impacts on U.S. trade policy and economic strategies moving forward.