Trump, Tariff
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President Donald Trump announced a 30% tariff on goods imported from the EU and Mexico, triggering global reactions. Leaders and economic experts express concerns over potential economic disruptions and trade conflicts.
U.S. consumers face an effective U.S. tariff rate of more than 20%, the highest since the early 1900s, the International Chamber of Commerce has estimated following President Donald Trump's import levy announcements this week.
President Trump's aggressive trade strategy, marked by punitive tariffs and a 90-deal promise, has yielded limited results, fueling uncertainty. Facing tariff deadlines, Trump has issued extensions, prompting skepticism and the "TACO Theory.
Stocks have hit new highs despite President Trump’s escalating trade war. Some traders may be calling his bluff, but Jamie Dimon of JPMorgan Chase advises caution.
Industry Minister Melanie Joly spoke in British Columbia to the Vancouver Board of Trade and had strong words in response to the latest tariff threats by the U.S.
President Donald Trump said at least seven countries can expect tariff letters on Wednesday morning, as he ramped up pressure on nations to strike deals with the United States by saying his new August 1 deadline would not be extended.
The latest US tariff extension went by without any major global market reaction as Trump pushed the deadline to 1 August