Trump, tariffs
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The trade war President Donald Trump promised has begun, threatening the world economy and straining the United States’ longstanding alliances in Europe and Asia.
From The Associated Press
"I suspect some sponsors are now re-assessing how they 'activate' such deals in the US, given the trade barriers that have now been imposed," says John Zerafa, a sports event bid strategist.
From BBC
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Canada announces counter tariffs on vehicles
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On March 4, 2025, U.S. tariffs of 25 per cent on Canadian goods and 10 per cent on energy and potash exports from Canada to the U.S. came into effect. On March 12, 2025, the U.S. imposed tariffs of 25...
From Prime Minister of Canada
Canada will match U.S. President Donald Trump’s 25% auto tariffs with a tariff on vehicles imported from the United States.
From U.S. News & World Report
Economists’ estimates have been far more grim, with most predicting that the president’s sweeping tariffs and likely retaliation will slow U.S. economic growth, push up costs for consumers and make l...
From The New York Times
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President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
After weeks of anticipation and speculation, President Donald Trump followed through on his tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher
But the increases won’t be applied equally — some items are likely to see much higher price hikes than others. Trump imposed 10 percent tariffs on imports from nearly every country and imposed higher rates on goods coming from about 60 specific countries.
Brunei’s tariffs could be much lower. Equatorial Guinea’s could be way higher. And Australia could have no tariffs at all. It all depends on choices hidden in the Trump formula.
Tariffs would drive up costs of key aerospace parts, making it more expensive for Boeing and even foreign companies with U.S. factories to produce planes. The tariffs are set to hit an aerospace supply chain still in recovery from the Covid-19 pandemic.
The executive order’s Annex I lists 57 countries (83 when accounting for all European Union member states) that will face higher tariffs of up to 50%, which go into effect on April 9. The new tariffs will stack on previous product-specific tariff rates.
The Trump Administration announced a general tariff of 20% on Italy along with other European Union countries this week.
Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, as it considers how to mitigate the cost of President Donald Trump's 25% tariff, according to a report in the Times newspaper.
The Trump administration's aggressive global tariff regime against imported goods from some of its closest allies has drawn strong reactions across the board.