US Trade Deficit Widens Significantly Ahead of Trump Tariffs
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
Trump announces plan for ‘reciprocal’ tariffs in latest trade move
Trump calls it unfair that some countries apply higher tariffs to specific American goods than the U.S. applies back. A new executive order seeks to change that.
Trump set to announce 25% Steel and Aluminum Tariffs, Reshaping US trade relations
Trump during his first term imposed tariffs of 25% on steel and 10% on aluminum, but later granted several trading partners duty-free exemptions, including Canada, Mexico and Brazil. Mexico is a major supplier of aluminum scrap and aluminum alloy.
Malaysia PM Says Will Build Trade Relations, Not Wait for U.S. Tariffs
KUALA LUMPUR (Reuters) - Malaysia will actively build trade relations with other countries, such as China, Russia and Brazil, instead of waiting for the impact of potential U.S. trade tariffs, Prime Minister Anwar Ibrahim said on Tuesday.
Trump Says He’ll Rework Global Trading Relations With ‘Reciprocal’ Tariffs
The president said his advisers would devise new tariff levels reflecting countries’ tariffs, taxes, subsidies and other policies affecting trade with the United States.
Trump threatens new tariffs in bid to reshape trade
U.S. President Donald Trump has tasked his economics team with devising plans for reciprocal tariffs on every country that taxes U.S. imports, raising the risk of a global trade war with American friends and foes.
Trump's Reciprocal Tariffs Will Overturn Decades of Trade Policy
President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The “reciprocal’’ tariffs that he announced Thursday are likely to create chaos for global businesses and conflict with America’s allies and adversaries alike.
Donald Trump unveils ‘reciprocal’ tariff plan to hit trade partners
Your guide to what the 2024 US election means for Washington and the world Donald Trump has unveiled a sweeping plan to impose “reciprocal” tariffs on America’s trading partners, heralding greater disruption for the global economy.
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Tariffs, Fentanyl, and Migration: Updates on U.S.-Mexico Relations after Trump’s First Month in Office
To better understand the implications of Trump’s early actions, we spoke with WOLA experts John Walsh and Stephanie Brewer.
US Delays Tariffs On Mexico And Canada, Meanwhile China Counters
The agreement involves significant commitments from Mexico regarding border security, which played a crucial role in this ...
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Steel and aluminum tariffs hit the economies of Canada and Mexico and the free trade agreement
Trump threatened Canadians with 25% tariffs on their products before granting them a one-month reprieve after a call with ...
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Analysis: The potential economic effects of Trump’s tariffs and trade war, in 9 charts
This article was originally published by the Council on Foreign Relations on ... particularly dependent on trade with the United States. More than 80 percent of Mexico’s exports — including ...
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"Escalating trade wars" - Shark Tank’s Kevin O’Leary reacts to new tariffs on Canada and Mexico
Kevin O'Leary, the Canadian businessman and Shark Tank investor, recently shared a segment of his interview with Fox Business.
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to ...
Mexico’s president and the art of keeping a ‘cool head’ with Trump
Sheinbaum’s successes have not gone unnoticed. Mexico’s richest man, Carlos Slim, on Monday praised her negotiations with ...
Trump suggests he might impose auto tariffs on April 2
The biggest foreign supplier of cars was Mexico ($49 billion), followed by Japan ($40 billion), South Korea ($37 billion), ...