UK plans possible retaliation if Trump puts tariffs on British goods

• U.S. booze stocks tumble as Canada prepares to retaliate against Trump tariffs

  Constellation Brands led a selloff of U.S. alcohol stocks on Monday as Canada retaliated against Donald Trump’s tariffs.
  
  MarketWatch - 1h
• 

  Trade War Heats Up After Trump Orders Tariffs and Canada Retaliates

  Amid warnings of price increases, Canada moved quickly to retaliate, China said it had planned countermeasures and Mexico said it would soon unveil its response.
  
  The New York Times - 4h
• 

  Trump says EU tariffs will ‘definitely happen’ as Mexico, Canada and China retaliate

  Trump takes softer line on UK, while Mexico and Canada vow levies and to strengthen ties with each other. Donald Trump has threatened to widen the scope of his trade tariffs, repeating his warning ...
  
  The Guardian - 9h

• Trump hits Canada, Mexico and China with steep new tariffs; Canada retaliates

  Canadian Prime Minister Justin Trudeau announced that Canada would respond with 25% tariffs "against $155 billion worth of American goods."
  
  CBS News - 1d
• 

  Ahead of Possible Tariffs, No Rush to Get Goods In From Canada and Mexico

  Experts say the freight system could handle an increase in imports from Canada and Mexico, but there is little sign of a significant increase.
  
  The New York Times - 2d
• 

  Trudeau: Canada will bring ‘forceful but reasonable’ retaliation to Trump tariffs

  Officials in Ottawa and Mexico city draw up plans to retaliate with tariffs of their own after Trump’s demands. Justin Trudeau says Canada will bring a “forceful but reasonable” retaliation to ...
  
  The Guardian - 3d

• Colombian president orders increase of import tariffs on US goods in retaliation to similar order from President Trump

  Colombian president orders increase of import tariffs on US goods in retaliation to similar order from President Trump
  
  ABC News - Jan. 26
• 

  Trump urged not to put massive tariffs on UK

  Business Secretary Jonathan Reynolds says there is no need for tariffs because the US has no goods trade deficit with the UK.
  
  BBC News - Jan. 24

• Xi has a plan for retaliating against Trump’s gamesmanship

  China is marshalling its forces for long-term competition against an America that it believes is divided and in decline
  
  Financial Times - Jan. 5

More from Financial Times

• 

  Tariffs latest: Trump pauses tariffs on Mexico

  US stock markets stage partial rebound after talks between US president and Mexican counterpart
  
  Financial Times - 16h
• 

  Ontario to cancel $100mn contract with Musk’s Starlink

  Canadian province retaliates against US tariffs
  
  Financial Times - 3h
• 

  Tariffs don’t scare investors, but maybe they should

  Perhaps the worst has already been priced in, or perhaps markets don’t know where to begin
  
  Financial Times - 18m
• 

  Trump is sowing the seeds of an anti-American alliance

  By targeting allies and neighbours with tariffs, the US is playing into the hands of China
  
  Financial Times - 6h
• 

  US aid agency HQ closed after Musk reveals plan to ‘shut it down’

  Future of USAID in doubt as Donald Trump accuses it of being run by ‘radical lunatics’
  
  Financial Times - 3h

More in Business

• Markets leave ‘no room for mistakes’ in Trump’s trade war, says famed investor Tudor Jones

  Stocks and other financial markets are in a much different place than during Donald Trump’s first term, leaving no room for error, says billionaire investor Paul Tudor Jones.
  
  MarketWatch - 5m

• Trump tariffs could raise medication costs and exacerbate shortages, drug trade groups warn

  The U.S. relies heavily on other countries for pharmaceutical products, especially for generic drugs.
  
  CNBC - 8m

• Investors wade into bank debt as tariffs bite and key bank regulator is replaced

  Bank bond spreads against U.S. Treasurys widened and money flowed into most debt issued by major banks on Monday, in a sign that Wall Street is wading into the sector on the heels of President ...
  
  MarketWatch - 10m

• Trump pauses Mexico tariffs for one month after agreement on border troops

  President Donald Trump over the weekend said he was imposing 25% tariffs on goods imported from Mexico and Canada, and a 10% tariff on goods from China.
  
  CNBC - 16m

• Trump coin leads tumble in meme cryptocurrencies as tariffs rock global markets

  Meme coins plummeted over the weekend as President Donald Trump signed new tariffs, kicking off a trade war that caused investors to dump risk assets.
  
  CNBC - 17m