Trump threatens 10% additional tariffs on countries aligning with BRICS anti-American policies, escalating trade tensions with major economies.
Tag Archives: Trade War
08
Jul
Jul
Trump announces steep tariffs on 14 countries by Aug. 1, escalating trade tensions. New import levies to pressure trading partners amid policy shift.
07
Jul
Jul
Stock markets tumble Monday as Trump threatens new tariffs on 14 trading partners effective August 1. Markets react to escalating trade tensions.
06
Mar
Mar
Trump will exempt automakers from the 25% tariff on Mexican and Canadian goods for at least a month, the White House said. The exemption applies to vehicles that comply with the relatively complicated criteria set out in the U.S.-Mexico-Canada free trade agreement. Moving an automotive supply chain takes a lot longer than a month, though, so this isn’t the end of the problem for car companies. President Donald Trump granted automakers a temporary reprieve from his newly announced tariffs Wednesday. The new 25% tariff on almost all imports from Mexico and Canada will not apply to automakers for at least one month, the White House said. It’s an important break for the industry, which has become ground zero for the tariff war. Trump’s press secretary said the decision was made