Reuters | February 03, 2025 | International Trade
The White House said on Monday it has noticed that Mexico is "serious" about President Donald Trump's executive order on tariffs, but Canada has "misunderstood" it to be a trade war between the neighboring countries.
Canada will take legal action under the relevant international bodies to challenge the 25% tariffs imposed by the United States on most Canadian goods, a senior government official said on Sunday, calling the tariffs illegal and unjustified.
Canada will retaliate against President Donald Trump's new tariffs with 25% levies on a raft of U.S. imports, Prime Minister Justin Trudeau said on Saturday, warning Americans that Trump's actions would have real consequences for them.
Mexico's President Claudia Sheinbaum said on Sunday that reason should prevail a day after her government and the U.S. announced tariffs against one another, raising her fist in the air as she said she does not lack courage to respond.
President Donald Trump said on Sunday the sweeping tariffs that he has imposed on Mexico, Canada and China may cause "short term" pain for Americans as global markets reflected concerns the levies could undermine growth and reignite inflation.
AJOT Newsroom | February 03, 2025 | International Trade
AJOT Newsroom | February 03, 2025 | International Trade | Commodity
European leaders warned on Monday that U.S. President Donald Trump's threat to expand tariffs to the EU risked igniting a trade war that would harm consumers on both sides of the Atlantic.
Reuters | February 03, 2025 | International Trade | Commodity
Reuters | February 03, 2025 | Energy | Alternative | International Trade
Automakers, beer firms, and nuclear power companies led declines in a broad equity pullback on Monday after the U.S. hit Mexico, Canada and China with sweeping tariffs, stoking worries of a trade war that could cripple growth and corporate profits.
Reuters | February 02, 2025 | International Trade
German Chancellor Olaf Scholz on Sunday said it was important not to divide the world with new trade barriers, as everyone benefits from globalisation, after U.S. President Donald Trump imposed tariffs on Mexico, Canada and China.
Reuters | January 31, 2025 | International Trade
Two members of U.S. Congress are calling on President Donald Trump's administration to consider restricting the export of artificial intelligence chips made by Nvidia, alleging Chinese AI firm DeepSeek has relied on them.
Companies, consumers and farmers across North America braced on Friday for U.S. President Donald Trump to impose 25% tariffs on Canadian and Mexican imports within hours, moves that could disrupt nearly $1.6 trillion in annual trade.
AJOT Newsroom | January 31, 2025 | International Trade
The Kremlin on Friday noted a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, but said there were no such plans.
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