EU hits beef, whiskey, motorcycles with targeted tariffs
The European Union responded within hours to the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%.
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Trump’s 25% tariffs on all steel and aluminum imports go into effect
While President Trump’s tariffs could help steel and aluminum plants in the United States, they could raise prices for the manufacturers that use the metals as raw materials.
Trump says TikTok deal is in works. Here’s where things stand.
Questions about the fate of the popular video sharing app have continued to linger since a law requiring its China-based parent company to divest or face a ban took effect on Jan. 19.
Trump doubles planned tariffs on Canadian steel, aluminum to 50%
The U.S. stock market promptly fell following his social media post, triggering more concerns after a brutal selloff on Monday.
Kentucky bourbon makers fear becoming ‘collateral damage’ in trade war
For an industry that has to plan well into the future, based on aging its whiskey products, angst is widespread in Kentucky, which produces 95% of the world’s bourbon supply.
China strikes back at Trump tariffs with 15% levies targeting farmers
The Chinese tariffs, announced last week, were a response to Trump’s decision to double the levy on Chinese imports to 20% on March 4.
Ontario slaps 25% tax increase on electricity exports to U.S.
Ontario provides electricity to Minnesota, New York and Michigan. Quebec is also considering taking similar measures with electricity exports to the U.S.
Rubio says purge of USAID programs complete, with 83% of agency’s programs gone
Secretary of State Marco Rubio said the programs “spent tens of billions of dollars in ways that did not serve, (and in some cases even harmed), the core national interests of the United States.”
UPDATE: Trump changes course, delays some tariffs on Mexico, Canada
Also Thursday, Canadian Prime Minister Justin Trudeau indicated that he expects his country will be in a trade war with the United States for the foreseeable future.
Toys expected to cost more by fall due to new tariffs on Chinese imports
Nearly 80% of the toys sold in the U.S. are sourced from China, according to The Toy Association, a national industry group.
U.S. charges Chinese hackers, government officials in broad cybercrime campaign
The indictments come as the U.S. government has warned of an increasingly sophisticated cyber threat from China.
‘Bear with me,’ Trump says as both farmers and consumers brace for tariff effects
Farmers and meat producers across the U.S. expect the new tariffs on Mexico, Canada and China and the retaliatory action from those countries to hurt their bottom lines if they stay in place a while.
China slaps extra tariffs of up to 15% on imports of major U.S. farm exports
The tariffs will apply to imports of key U.S. farm products, including chicken, pork, soy and beef.
Trump says 25% tariffs on Mexican and Canadian imports will start Tuesday, with ‘no room’ for delay
President Trump indicated that he wants to even the trade imbalance with both countries and push more factories to relocate in the United States.
Asian logistics operators leasing more U.S. warehouses
Leasing by Asia-based logistics firms more than doubled in key U.S. markets last year compared with 2023.
Trump plans tariffs on Mexico, Canada for Tuesday, while doubling tariffs on China
Trump indicated Wednesday that European countries would also face a 25% tariff as part of his reciprocal tariffs. He also wants separate tariffs on autos, computer chips and pharmaceutical drugs that would be levied in addition to the reciprocal tariffs.
UPDATE: Trump signs plan for reciprocal tariffs on U.S. trading partners
President Donald Trump’s plan increases U.S. tariffs to match the tax rates that other countries charge on imports, possibly triggering a broader economic confrontation with allies and rivals alike.
Trump readies matching tariffs on trade partners, possibly setting up major economic showdown
President Donald Trump is taking additional action to upset the world trade system, with plans to sign an order as soon as Wednesday that would require that U.S. tariffs on imports match the tax rates charged by other countries.
Trump once again slaps taxes on foreign steel, aluminum
President Donald Trump is hitting foreign steel and aluminum with a 25% tax. If that sounds familiar, it’s because he did pretty much the same thing during his first term.
Chinese tariffs to take effect, ratcheting up trade war with U.S.
While the leaders of Canada and Mexico managed to strike political deals to delay the implementation of the tariffs Trump had slapped on their products, China has not struck such a deal.