Trump tariffs

EU Calls for ‘Respect’ as Trump Threatens 50% Tariffs on European Goods
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EU Calls for ‘Respect’ as Trump Threatens 50% Tariffs on European Goods

The European Union's trade chief said the 27-member bloc is committed to securing a trade deal with the US based on "respect" not "threats". It comes after US President Donald Trump threatened to slap a 50% tariff on all goods sent to the US from the EU. "The EU's fully engaged, committed to securing a deal that works for both," EU Trade Commissioner Maros Sefcovic said after a call with US Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick. "EU-US trade is unmatched &
World News European Union
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DHL Halts High-Value U.S. Deliveries Over Tariffs
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DHL Halts High-Value U.S. Deliveries Over Tariffs

DHL Express is suspending deliveries to the US worth more than $800 (£603) because of a "significant increase" in red tape at customs following the introduction of Donald Trump's new tariff regime. The delivery giant said it will temporarily stop shipments from companies in all countries to American consumers on Monday "until further notice". It added that business-to-business shipments will still go ahead, "though they may also face delays". Previously, packages worth up to $2,500 could ente
Business Delivery services
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China to Raise Tariffs on U.S. Goods to 125% as Trade War Intensifies
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China to Raise Tariffs on U.S. Goods to 125% as Trade War Intensifies

President Xi Is Scheduled To Visit Vietnam, Malaysia, And Cambodia Next Week, Where The Escalating Trade Conflict Is Expected To Dominate Discussions As China Seeks To Build Alliances Against U.S. Trade Pressure. Beijing – In a sharp escalation of the ongoing trade war, China announced on Friday that it will increase tariffs on American goods to 125 percent, effective Saturday. The move marks the latest retaliation against a barrage of levies imposed by U.S. President Donald Trump, whose tariff
News China
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Trump’s New Tariffs Take Effect, Hitting Chinese Goods with 104% Levies
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Trump’s New Tariffs Take Effect, Hitting Chinese Goods with 104% Levies

US President Donald Trump’s punishing tariffs on dozens of economies came into force Wednesday, including over 100 percent in levies against Chinese goods, sending markets into a tailspin again as the devastating global trade war intensified. Following the sweeping 10 percent tariffs that took effect over the weekend, rates on imports to the United States from exporters like the European Union or Japan rose further at 12.01 am (0401 GMT) Wednesday. China — Washington’s top economic rival but a
News China
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US Tariffs on Chinese Goods to Climb to 104% as Trade Tensions Escalate
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US Tariffs on Chinese Goods to Climb to 104% as Trade Tensions Escalate

Trump vowed a further 50% tariff hike on Chinese goods if Beijing hits back. Additional US tariffs on Chinese imports are set to reach 104 percent on Wednesday, the White House told AFP, as Washington doubles down on planned action after Beijing vowed a "fight to the end" on levies. US President Donald Trump had vowed a further 50 percent tariff on goods from China if Beijing did not retract upcoming retaliation -- and the White House confirmed that Trump will proceed with this action, taking
News China
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US Stocks Suffer Worst Week Since COVID Crash
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US Stocks Suffer Worst Week Since COVID Crash

Global markets plunged on Friday, as China hit back at tariffs announced by US President Donald Trump, raising the likelihood of an extended trade war and damage to the global economy. All three major stock indexes in the US plunged more than 5%, with the S&P 500 dropping almost 6%, capping the worst week for the US stock market since 2020. In the UK, the FTSE 100 plunged almost 5% - its steepest fall in five years, while Asian markets also dropped and exchanges in Germany and France faced sim
Business China
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Trump Announces Sweeping Tariffs on China, EU, and Other Nations
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Trump Announces Sweeping Tariffs on China, EU, and Other Nations

US President Donald Trump announced a sweeping new set of tariffs on Wednesday, arguing that they would allow the United States to economically flourish. These new import taxes, which Trump imposed via executive order, are expected to send economic shockwaves around the world. But the US president believes they are necessary to address trading imbalances and to protect American jobs and manufacturing. Here are the basic elements of the plan. 10% baseline tariff In a background call before T
News Canada
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Three big unknowns ahead of Trump's 'Liberation Day' tariffs
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Three big unknowns ahead of Trump's 'Liberation Day' tariffs

Donald Trump says tariffs are coming. That message from the US president has been consistent. But what tariffs and when? The announcements of the new import taxes have come so thick and fast since he took office that it can be hard to keep track. Trump has already raised duties on Chinese imports, steel, aluminium and some goods from Canada and Mexico. Higher levies on cars are due to go into effect this week. We're now waiting for Trump to unveil the details of his plan for a wider set of ta
News Donald Trump
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