Trump’s Tariffs and the Backlash From Canada and Other Countries, Explained
After a fresh wave of tariffs from the United States, Canada and the European Union said they would impose billions in levies on U.S. goods.
What are tariffs, who pays for them? What to know about Trump's plan, Canada's response
The action immediately shook global markets, plummeted stocks and will likely raise prices on everyday products – from gas to produce – for consumers. Canada, Mexico and China quickly retaliated, with Canadian Prime Minister Justin Trudeau saying Ottawa is setting 25% tariffs on $20.7 billion worth of U.S. imports, from orange juice to cosmetics.
What Trump actually wants from tariffs
President Donald Trump says he believes tariffs are a panacea: a catch-all economic tool that can restore America’s manufacturing prowess, bring foreign nations to heel on key disputes, restore the balance of trade and bring in gobs of money that can help pay off the US deficit and reduce Americans’ tax burdens.
Canada strikes back against Trump’s latest tariffs
OTTAWA — Canada will hit back at U.S. President Donald Trump’s 25 percent global steel and aluminum duties with tariffs that target C$29.8 billion worth of American goods. “We will not stand idly by while our iconic steel and aluminum industries are being unfairly targeted,
Trump tariffs take effect amid warning they could go higher: Live updates
Trump's action to bulk up protections for American steel and aluminum producers restores effective global tariffs of 25%.
Trump tariffs stir up global retaliation
The Canadian government says it will follow ‘dollar-by-dollar’ approach and institute 25% tariffs on US imports. This comes after the EU announced its own tariffs on US goods. President Trump says "whatever they charge us with,
Foreign Affairs1d
The Incoherent Case for Tariffs
Over this period, he has also announced, suspended, announced again, and suspended again 25 percent tariffs on goods from ...
UVA Today1d
Q&A: Could High Tariffs Affect Manufacturing Supply Chains?
A. A supply chain is a series of linkages from raw materials to final product for end use and back to raw materials after use ...
Trump is using tariffs to start a trade war with US allies. Here's what they actually do
Most economists agree that tariffs are self-defeating because countries often retaliate with their own tariffs.
‘Everything costs more’: How the aluminum tariffs are affecting a Nashville craft brewery
For craft brewers, an industry largely consisting of small businesses and where the product is made in steel plus packaged in aluminum, the newly applied tariffs are having a direct strike on their ...
Trump Is Threatening a 200% Tariff on Wine and Liquor From the EU — Here's What That Means for You
Trump threatened to impose a 200% tariff on wine and liquor imported from the European Union. The potential tariff is in response to the EU's proposed tariff on American whiskey. If the tariff on ...
Grant Cardone Says 'Tariffs Do Not Make Goods And Services More Expensive - Only The Consumer Can Do That'
Grant Cardone recently sparked a debate over tariffs and their impact on consumer prices. In a post on X, Cardone argued that ...
QSR magazine1d
Tariffs Versus Profit Margins: How AI is Helping Restaurants Combat Price Hikes
Rising food prices are putting immense pressure on restaurants, especially as the potential for increased tariffs on imported ...
The Daily Reporter1d
Construction stakeholders brace for tariffs’ impacts
President Donald Trump may think tariffs is a beautiful word, as he told Congress recently, but construction executives are ...
Tariffs Offer Latest Example of Trump Remaking the Republican Party | Opinion
The current debates over tariffs are the latest example of the Trump era sending conservatives back to the drawing board.