Feb 02 Trump says Americans could feel ‘some pain’ as his new tariffs begin to set off a trade war By Josh Boak, Associated Press President Donald Trump said Sunday that Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China. Continue reading
Feb 02 Analysis: The potential economic effects of Trump’s tariffs and trade war, in 9 charts By Shannon K. O'Neil, Julia Huesa, Council on Foreign Relations President Trump’s tariffs on Canada, China and Mexico could upend U.S. trade. These nine charts show what’s at stake, what comes next and why it matters. Continue reading
Feb 02 Canada and Mexico order retaliatory tariffs on U.S. as Trump’s tariffs spur trade war By Josh Boak, Zeke Miller, Rob Gillies, Christopher Sherman, Associated Press President Donald Trump on Saturday signed an order to impose stiff tariffs on imports from Mexico, Canada and China, drawing swift retaliation and an undeniable sense of betrayal from the country's North American neighbors as a trade war erupted among the longtime… Continue reading
Feb 01 Trump imposes promised tariffs on Canada, Mexico and China, raising risk of higher inflation By Josh Boak, Associated Press Trump declared an economic emergency in order to place duties of 10 percent on all imports from China and 25 percent on imports from Mexico and Canada — America’s largest trading partners — except for a 10 percent rate on… Continue reading
Feb 01 Watch 4:55 What Trump’s tariffs could mean for America’s biggest trade partners and U.S. consumers By Ali Rogin, Satvi Sunkara America’s biggest trading partners are bracing for sweeping tariffs that President Trump is imposing. Together, Canada, Mexico and China account for nearly half of all U.S. imports, and tariffs on their goods could mean higher prices for American consumers. Ali… Continue watching
Jan 31 Watch 3:24 What we know about Trump’s plan to slap tariffs on Mexico, Canada and China By Laura Barrón-López, Shrai Popat President Trump moved forward with his plans to slap tariffs on three major U.S. trading partners. He confirmed 25 percent tariffs on goods from Mexico and Canada and 10 percent on those coming from China. The president also said that… Continue watching
Jan 31 Trump says he’s placing tariffs on imports from Canada, Mexico and China starting Saturday By Zeke Miller, Aamer Madhani, Josh Boak, Associated Press President Donald Trump said Friday he would place 25 percent tariffs on imports from Canada and Mexico and 10 percent tariffs on goods from China effective on Saturday, raising the specter of swift price increases for U.S. consumers. Continue reading
Jan 31 Tariffs threatened by Trump could nudge prices in wrong direction as U.S. inflation lingers By Christopher Rugaber, Associated Press Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier, up from a 2.4% annual pace in November and the third straight increase. Continue reading
Jan 31 Trump tariffs on Canada and Mexico could hit close to home, from avocados to autos By Paul Wiseman, Associated Press The tariffs would also invite retaliation. Doug Ford, the premier of Ontario, has already vowed to counterpunch by pulling American alcohol off store shelves in the Canadian province. Continue reading
Jan 26 Trump and Colombia’s president clash over deportation flights, raising tariffs in retribution By Regina Garcia Cano, Astrid Suárez, Associated Press The U.S. and Colombia, long close partners in anti-narcotics efforts, clashed Sunday over the deportation of migrants and imposed tariffs on each other’s goods in a show of what countries could face if they intervene in the Trump administration’s crackdown on illegal… Continue reading