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
Friday, March 21, 2025
See Canadian Official’s Response to Trump’s Verbal Attack on Canada
Labels:
Canada,
Donald Trump,
tariffs,
trade war
Wednesday, March 19, 2025
‘Dangerous Game of Chicken’: Trump Prepping New Tariffs, Threatening the Global Economy
Labels:
Donald Trump,
tariffs
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
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
Labels:
Donald Trump,
tariffs,
trade war
Tuesday, March 18, 2025
World Leaders Put the Dagger in Trump before Putin Stunt
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
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
Labels:
Donal Trump,
OECD,
tariffs,
trade war
Sunday, March 16, 2025
Pres Trump Says the US Doesn’t “Need” Canada. Is He Right? | Amanpour & Company
Labels:
Amanpour & Company,
Canada,
Donald Trump,
tariffs
Scott Galloway on Markets, Musk, and Trump’s “Weapons of Mass Distraction” | Amanpour & Company
Friday, March 14, 2025
Too Hard to Swallow? Why Trump's Proposed Tariffs on European Wine Could Crush the EU Wine Industry
Labels:
Donald Trump,
EU wines,
Europe,
tariffs
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
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
Labels:
Donald Trump,
EU,
tariffs
Wednesday, March 12, 2025
EU Retaliates Against Trump's New Metal Tariffs | Full Remarks
Labels:
European Union,
tariffs,
Ursula van der Leyen,
USA
Tuesday, March 11, 2025
‘She’s Either Tragically Uniformed, or Lying’: Nicolle on Karoline Leavitt’s Responses to Tariffs
Australian and American Stock Markets Tumble Due to Trump’s Tariffs | 10 News First
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. »
Labels:
stock markets,
tariffs,
trade wars,
Trumpcession
'We Will Not Back Down, We Will Be Relentless': Ontario Premier Slams Trump Tariffs
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
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’
Labels:
Canada,
China,
Donald Trump,
tariffs,
US veterans
Friday, March 07, 2025
Trump Backtracks on Tariffs for Mexico and Canada, after Calls with Leaders
Five Minute News can be supported on Patreon here.
Labels:
Anthony Davis,
Canada,
Donald Trump,
Five Minute News,
Mexico,
tariffs
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
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
Labels:
annexation,
Canada,
tariffs
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
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
Labels:
Donald Trump,
European Union,
tariffs
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
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
Labels:
Donald Trump,
EU,
tariffs,
the Gulf
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