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Tag: trade war

ROME, ITALY - MARCH 12: Shoppers and tourists walk past the US owned store Nike in the upmarket Via del Corso shopping area on March 12, 2025 in Rome, Italy. The European Union announced today that, from April 1, it would impose tariffs on iconic American products such as Harley-Davidson motorcycles, bourbon and jeans, in response to President Trump's imposition of global tariffs on steel and aluminium. (Photo by Christopher Furlong/Getty Images)

EU Imposes Almost $28B In Counter-Tariffs As Trump’s Steel And Aluminum Tariffs Begin

The European Union has retaliated with its own tariffs in response to President Donald Trump’s 25% tariffs on steel and aluminum products that took effect Wednesday. 

Read More EU Imposes Almost $28B In Counter-Tariffs As Trump’s Steel And Aluminum Tariffs Begin
White House Press Secretary Karoline Leavitt speaks during the daily briefing in the Brady Briefing Room of the White House in Washington, DC, on March 5, 2025. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

Leavitt Announces Exemption On Tariffs For Auto Imports From Mexico And Canada

As President Donald Trump’s 25% tariffs on Mexico and Canada are now in effect, Press Secretary Karoline Leavitt revealed that Trump has approved a one-month exemption on auto imports.

Read More Leavitt Announces Exemption On Tariffs For Auto Imports From Mexico And Canada
BEIJING, CHINA - MARCH 5: Chinese President Xi Jinping adjusts his jacket as he listens at the opening session of the National People's Congress, or NPC, at the Great Hall of the People on March 5, 2025 in Beijing, China. China's annual political gathering known as the Two Sessions will convene leaders and lawmakers to set the government's agenda for domestic economic and social development for the year. (Photo by Kevin Frayer/Getty Images)

China: We Are Prepared For ‘Any Type Of War,’ In Light Of Higher Tariffs

China has warned that it is ready for any “type of war” against the United States — after President Donald Trump enacted higher tariffs on the populous Asian country. 

Read More China: We Are Prepared For ‘Any Type Of War,’ In Light Of Higher Tariffs
Canada's Prime Minister Justin Trudeau speaks during a news conference about the US tariffs against Canada on March 4, 2025 on Parliament Hill in Ottawa, as (L-R) Foreign Minister Melanie Joly, Minister of Finance and Intergovernmental Affairs Dominic Leblanc and Minister of Public Safety David McGuinty look on. Trudeau said that President Donald Trump imposed tariffs on Canada to destroy the country's economy to make it easier for the United States to annex its northern neighbor. The extraordinary warning about Trump's threat to Canadian sovereignty came as the US president delivered on his vow to impose 25 percent tariffs on all Canadian goods. (Photo by Dave Chan / AFP) (Photo by DAVE CHAN/AFP via Getty Images)

Outgoing PM Trudeau Declares Trade War In Response To Trump Tariffs: ‘We Will Not Back Down’

Outgoing Canadian Prime Minister Justin Trudeau accused President Donald Trump of declaring a “dumb” trade war on Canada — maintaining that his country “will not back down.” 

Read More Outgoing PM Trudeau Declares Trade War In Response To Trump Tariffs: ‘We Will Not Back Down’
An aerial view shows containers at the port in Nanjing, in China's eastern Jiangsu province on February 4, 2025. China said on February 4 it would impose tariffs on imports of US energy, vehicles and equipment, firing a return salvo in an escalating trade war between the world's two biggest economies. (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)

U.S. Imposes 10% Tariffs On China, Beijing Retaliates With Taxes On Energy And Machinery

The Trump administration put in place new tariffs on China on Tuesday in an effort to help stop the flow of Fentanyl coming into America, with Beijing responding by announcing its own tax against U.S. imports. 

Read More U.S. Imposes 10% Tariffs On China, Beijing Retaliates With Taxes On Energy And Machinery
A worker miniature is placed near the elements of Gallium and Germanium on a periodic table, in this illustration picture taken on July 6, 2023. REUTERS/Florence Lo/Illustration

China bans export of key minerals to U.S. as trade frictions escalate

China has banned exports to the U.S. of items related to the minerals gallium, germanium and antimony that have potential military applications.

Read More China bans export of key minerals to U.S. as trade frictions escalate

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