Showing posts with label tariffs. Show all posts
Showing posts with label tariffs. Show all posts

Monday, March 24, 2025

Canadian Prime Minister: Trump Wants to Break Us

Mar 24, 2025 | Canadian Prime Minister Mark Carney said US President Donald Trump was trying to "break" Canada with tariffs and threats to its sovereignty, going so far as to say the country was "facing the most significant crisis" in decades. Trump has made numerous inflammatory remarks and false claims about the country as his tariffs rattle the continent.

Friday, March 21, 2025

See Canadian Official’s Response to Trump’s Verbal Attack on Canada

Mar 21, 2025 | Canadian Foreign Minister Mélanie Joly responds to President Donald Trump's inflammatory remarks about Canada during a Fox News interview on March 18

Wednesday, March 19, 2025

‘Dangerous Game of Chicken’: Trump Prepping New Tariffs, Threatening the Global Economy

Mar 19, 2025 | David Gura, Anchor and Correspondent for Bloomberg News and Anthony Scaramucci, former White House Communication Director for Donald Trump join Nicolle Wallace on Deadline White House to discuss the looming date of April 2, which Donald Trump has called liberation day where he and his advisors plan to implement new tariffs on imports that could be worth trillions, and how the uncertainty and guessing game going on as to what the administration will impose has paralyzed the economy both here and abroad.

Trump Plots Tariffs Worth ‘Trillions’ on World Economy

THE TELEGRAPH: Donald Trump is preparing to impose tariffs on “trillions” of dollars worth of goods next month as he ramps up his global trade war.

The US president has already raised tariffs on roughly $800bn (£616bn) worth of goods from China, Mexico and Canada and introduced levies on global imports of steel and aluminium last week.

White House officials are drawing up plans to impose the levies on imports worth “trillions” from April 2, according to the Washington Post.

Mr Trump has said he would impose “reciprocal tariffs” on that date, which he said would be “a liberating day for our country”. » | Telegraph | Wednesday, March 19, 2025

Tuesday, March 18, 2025

World Leaders Put the Dagger in Trump before Putin Stunt

Mar 18, 2025 | MeidasTouch host Ben Meiselas reports on France and United Kingdom rolling out the red carpet for Prime Minister Mark Carney in his first foreign visit as they strengthen their alliances in the face of maniac Trump.

Monday, March 17, 2025

Trump’s Trade War Will Damage Growth OECD Warns | BBC News

Mar 17, 2025 | Economic organisation has said that President Donald Trump’s tariffs will be bad for global economic growth and living standards.

The leading economic think tank the OECD has shared its forecast saying the global economy will only grow by 3.1% this year.

The biggest changes will be felt in the United States's neighbours Mexico and Canada.



This is a self-inflicted wound. What comes will be a trumpcession. – © Mark Alexander

Sunday, March 16, 2025

Pres Trump Says the US Doesn’t “Need” Canada. Is He Right? | Amanpour & Company

Mar 13, 2025 | In a trade war that is spiraling out of control, the gloves are off between the U.S. and Canada. Canada's next Prime Minister has promised to stand up to Trump. Eric Lascelles is Chief Economist of the Royal Bank of Canada Global Asset Management. He joins the show to look at what all this might mean.

Scott Galloway on Markets, Musk, and Trump’s “Weapons of Mass Distraction” | Amanpour & Company

Mar 12, 2025 | Scott Galloway believes there is method in Trump's "MAGA-nomics" -- from a tariff war to tax cuts for the rich. Galloway is an NYU professor, author and podcast host. He joins the show to break down what Trump's policies mean for the American economy.

Friday, March 14, 2025

Too Hard to Swallow? Why Trump's Proposed Tariffs on European Wine Could Crush the EU Wine Industry

Mar 14, 2025 | US President Donald Trump has threatened to impose 200% tariffs on European wine. This comes after the EU retaliated against US duties on European steel and aluminum. As a top wine producer, France is particularly vulnerable to the latest levies.

Thursday, March 13, 2025

Donald Trump Threatens 200% Tariff on EU Wine and Champagne

THE GUARDIAN: US president says levy on alcohol imports would be retaliation for ‘nasty’ 50% tariff imposed on bourbon whiskey

Donald Trump has threatened a 200% tariff on wine and champagne from European Union countries, in the latest threat of escalation in the global trade war started by the US president against the country’s biggest trading partners.

Trump said in a post on Thursday on his Truth Social platform that the tariffs on all alcoholic products from the bloc would be retaliation for a “nasty” 50% levy on American bourbon whiskey announced by the EU.

The EU’s action against bourbon whiskey – due to come into force on 1 April – was itself part of a €26bn response to Trump’s 25% tariffs on steel and aluminium imports, which came into effect on Wednesday.

Trump claims the US’s trading partners have taken advantage of the US and that tariffs will help him to bring back jobs – a theory that is roundly rejected by most mainstream economists. » | Jasper Jolly, and Angelique Chrisafis in Paris | Thursday, March 13, 2025

Wednesday, March 12, 2025

EU Retaliates Against Trump's New Metal Tariffs | Full Remarks

Mar 12, 2025 | The European Union launched countermeasures on Wednesday against new US metals tariffs, with plans to impose its own duties on €26 billion ($28.3 billion) worth of American goods. The announcement came hours after the US administration imposed 25% tariffs on steel and aluminum imports in a massive escalation of the trade war between two longstanding allies. The EU will immediately begin consultations with member states, with adoption of the tariffs expected in mid-April. European Commission President Ursula von der Leyen and the EU's trade chief, Maros Sefcovic gave a press briefing setting out the full scope of their response at a press briefing in Strasbourg

Tuesday, March 11, 2025

‘She’s Either Tragically Uniformed, or Lying’: Nicolle on Karoline Leavitt’s Responses to Tariffs

Mar 11, 2025 | Annie Lowrey, Staff Writer for The Atlantic and Claire McCaskill, former Democratic Senator from Missouri, and Amanda Lang, Canadian Business Journalist join Nicolle Wallace on Deadline White House with reaction to the Donald Trump and White House’s clear lack of understanding over tariffs, and why Press Secretary Karoline Leavitt’s answers regarding tariffs and her bosses economic policy are spooking the stock markets and Americans confidence in the economy.

Australian and American Stock Markets Tumble Due to Trump’s Tariffs | 10 News First

Mar 11, 2025 | A whopping $35 billion was wiped off the Australian stock market - at it's worst point today - after Wall Street plunged on the back of fears the US will go into a recession.


THE NEW YORK TIMES:

Stocks Fall Again on Trump’s Latest Tariff Talk: Investors were shaken by President Trump’s latest tariff threat, dragging the S&P 500 down further after its worst day of the year. »

'We Will Not Back Down, We Will Be Relentless': Ontario Premier Slams Trump Tariffs

Mar 11, 2025 | President Trump just announced a 50% tariff on steel and aluminum coming from Canada. Premier of Ontario Doug Ford joins Ana Cabrera to react to the tariffs, saying Trump is hurting both Canadian and American families when he should be focusing on China.

Monday, March 10, 2025

US Stocks Register Heavy Falls as White House Tries to Talk Up Trump Tariffs

THE GUARDIAN: Dow, S&P 500 and Nasdaq all down by at least 2% and Tesla shares fall 15% for worst day since September 2020

The US stock market continued to drop on Monday as the White House denied that Donald Trump’s trade policies were causing lasting chaos within the economy.

The S&P 500 fell 2.7%, the Dow Jones dropped 2%, and the tech-heavy Nasdaq dropped 4% as investors sold shares in the so-called “magnificent seven” – Alphabet, Amazon, Apple, Microsoft, Meta, Nvidia and Tesla. Tesla’s shares had their worst day since September 2020, falling 15%.

The fall came a day after Trump skirted around questions about a potential recession on Sunday. Asked if he expected a recession, Trump said: “There is a period of transition, because what we’re doing is very big … It takes a little time, but I think it should be great for us.” » | Lauren Aratani in New York | Monday, March 19, 2025

Saturday, March 08, 2025

‘Deadly Serious’: Rep. Moulton Warns ‘Chances of War' with China Are 'Going Up Dramatically’

Mar 8, 2025 | Today, House Republicans announced their plan for a continuing resolution to keep the government open with just one week left until a potential federal shutdown. Rep. Seth Moulton, D-Mass., joins Alex Witt to share his thoughts on federal funding, President Trump’s wavering tariff threats on Canada and China, cuts to the VA, and more.

Friday, March 07, 2025

Trump Backtracks on Tariffs for Mexico and Canada, after Calls with Leaders

Mar 7, 2025 | After calls with Sheinbaum and Trudeau, Donald Trump pauses tariffs on both Mexico and Canada until April. Anthony Davis reports.


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Friday, February 28, 2025

How Canadians Are Making Their Anger Toward the U.S. Loud and Clear

THE NEW YORK TIMES: Canadians are shunning American products and abandoning trips to the United States to protest the economic punishment President Trump has threatened to impose with tariffs.

Canada isn’t known for making a fuss, with niceness essentially part of its national brand.

Not anymore. Canadians are angry, and they’re showing it.

Threats by President Trump to impose 25 percent tariffs on Canadian exports and to annex the country have set off cascades of fury.

“Do you know how angry you have to be with the United States to intentionally go out and purchase Canadian-made toothpaste? Because I’m there,” Janel Comeau, a Canadian illustrator and writer based in Halifax, Nova Scotia, posted on X.

The call to rally against Mr. Trump has helped unify provinces across the political spectrum, including Quebec, which has long defended its French identity. Recent polls have shown national pride in the province has risen. » | Vjosa Isai | Reporting from Toronto. | Friday, February 28, 2025

Wednesday, February 26, 2025

Trump Vows to Slap 25% Tariffs on EU and Claims Bloc Was ‘Formed to Screw US

THE GUARDIAN: EU said it will reply ‘firmly and immediately’ to ‘unjustified’ trade barriers, signaling it’s ready to retaliate against levies

Donald Trump has threatened to slap 25% tariffs on the European Union, claiming the 27-country bloc was “formed to screw the United States”.

Speaking at his first cabinet meeting on Wednesday, the US president said he would soon release details of the latest tariff threat. “We have made a decision and we’ll be announcing it very soon. It’ll be 25%,” he said.

The EU vowed to respond “firmly and immediately” to “unjustified” trade barriers, signaling that it stands ready to retaliate swiftly against new tariffs.

The bloc is the US’s third largest trading partner alongside China. Trump has said he will impose 25% tariffs on the US’s two largest trading partners, Canada and Mexico, next week. » | Dominic Rushe in New York | Wednesday, February 26, 2025

It is unbelievable how badly informed this US president is when it comes to history and past geo-political events. Mr Trump needs to buy himself some history books and start doing some serious studying. The man is making a fool of himself by uttering such ridiculous and false statements. – © Mark Alexander

Tuesday, February 11, 2025

EU Considers Closer Ties to Gulf as Trump Ramps Up Tariffs

THE TELEGRAPH: The EU is considering seeking closer ties to Gulf countries as it responds to Donald Trump’s new global tariff war, according to the bloc’s trade chief.

Maroš Šefčovič told the European Parliament that it was unfortunate that the US administration had decided to impose 25pc tariffs on all steel and aluminium imports.

He called the tariffs a “lose-lose scenario” but said the EU was prepared to face up to any challenges in this “new era” of global trade.

This included the possibility of closer trade ties with Gulf countries, Reuters reported.

The Persian Gulf countries include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. » | Chris Price | Tuesday, February 11, 2025