Donald Trump, Brazil
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President Donald Trump said he will impose a 30% tariff on Mexico due to his accusations of fentanyl coming across the border. The EU will also face a new tariff.
President Sheinbaum and Canada PM Carney have agreed to strengthen Mexico-Canada trade relations in light of US tariff threats.
Greece is the world's biggest exporter of tinned peaches, about one fifth of which goes to the United States, its second biggest market after Europe. Peaches, like some other goods, are already subject to a U.S. import levy of 17%. The new tariffs could increase the total import duty to 47%.
South Africa urged G20 countries to show global and cooperative leadership to tackle challenges including rising trade barriers, as the club's finance chiefs met on Thursday under the shadow of President Donald Trump's tariff threats.
Trump threatened to escalate tariffs beyond 35% if Canada opts to retaliate with tariffs on U.S. goods. Canadian goods are also subject to sector-specific tariffs, such as 50% levies on steel and aluminum as well as 25% tariffs on non-USMCA compliant autos and auto parts.
The president announced big tariff increases in Indiana’s largest export markets last week, including 35% on the state’s No. 1 partner, Canada, and 30% on Mexico.
The Canadian Press on MSN2h
Canada to target steel originating from China with new tariffsCanada is moving to shore up its domestic steel industry amid U.S. President Donald Trump's ongoing global trade war, with new tariffs targeting China and other countries around the world. During a visit to a steel manufacturing company in Hamilton on Wednesday,
Dozens of America’s trading partners are bracing themselves for August 1, the new deadline for punishing tariffs on goods they export to the United States.
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Explícame on MSNTrump's New Tariffs: Who Will Be Affected by the 30/50/35% Levies?President Donald Trump has unveiled a new set of significant tariffs, extending his trade policy to key economic partners. These measures, aimed at boosting federal revenue, will impact imports from Mexico,
"If Europe is for free trade, we should be the ones showing the way and going down to very low tariffs first," CEO Hakan Samuelsson said on Thursday.