Trump, European Union and Tariffs
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The president is set to raise taxes on imports arriving from many countries, including Canada and Mexico. That’s on top of the tariffs that the White House has already announced on specific products,
The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.
Top U.S. and Chinese economic officials will resume talks in Stockholm on Monday to try to tackle longstanding economic disputes at the centre of a trade war between the world's top two economies, aiming to extend a truce by three months and keeping sharply higher tariffs at bay.
Thai and Cambodian leaders are set for talks Monday to halt the deadliest clash between the neighbors in more than a decade, with the US sending mediators after President Donald Trump used tariffs threats to press for a ceasefire.
Who pays for these tariffs? Most economists reckon that ordinary Americans will lose out, as prices in shops rise. Mr Trump and his coterie, by contrast, blithely insist that the rest of the world will shoulder the load by cutting their selling prices. So far, the evidence is giving the know-nothings a glimmer of hope.
President Trump said he's considering using money generated by U.S. tariffs to offer a "little rebate" to Americans.
The Trump administration's 17% duty on fresh tomatoes imported from Mexico is creating challenges for the country that supplies the most tomatoes to U.S. consumers.
A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, industry experts warn.
With the president’s new trade deals, US protectionism is slowing investment and rewiring supply chains at the expense of the global economy