Latest in 'Tariffs are not the answer': Industry and corporate leaders react to Trump duties on Mexico, Canada and China
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China can outfox Trump’s tariffs
Beijing is agile enough to swerve US protectionismFinancial Times - Jan. 19 -
Canada Prepares for Trump Tariff Threat With Three-Stage Plan
Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.The New York Times - Jan. 18 -
Trump tariff threats fuel frontloading of trade shipments into U.S., led by China
Companies are expediting cargo shipments into the U.S. ahead of new tariffs from President-elect Trump, with Chinese trade the biggest on the move.CNBC - Jan. 17 -
Three reasons Trump tariffs aren't China's only problem
China's economy has hit the government's 5% growth target for 2024 in the face of multiple challenges.BBC News - Jan. 17 -
Mark Carney runs for leader of Canada's Liberal Party
The former central banker for the UK and Canada pitched himself as a someone who can help a country navigate economic challenges.BBC News - Jan. 16 -
Canada sends Trump 'message' with retaliatory tariff talk
Canada must send a “message” to President-elect Trump on tariffs, one of the country's provincial leaders said Wednesday alongside Prime Minister Justin Trudeau, who described the threatened levies ...The Hill - Jan. 16 -
Trump tariffs on Canada could jeopardize oil and gas exports to U.S., says trade chief
President-elect Donald Trump's threatened tariffs could prompt Canada to pursue dollar-to-dollar retaliation or an export tax on oil and gas bound for the U.S.CNBC - Jan. 16 -
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat
The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.The New York Times - Jan. 16 -
US targets China’s answer to OpenAI with trade blacklisting
Beijing-based Zhipu singled out among artificial intelligence start-ups for allegedly advancing Chinese military capabilitiesFinancial Times - Jan. 16 -
Canada warns of ‘tit-for-tat’ tariffs on US if Trump imposes levies
Ottawa’s energy minister calls trade tensions a ‘distraction’ from China’s rising economic and military powerFinancial Times - Jan. 15 -
Defending Michigan’s Auto Industry, Whitmer Warns of Tariff Risks
Gov. Gretchen Whitmer addressed the Detroit Auto Show, saying that tariffs should not be used “to punish our closest trading partners,” like Canada.The New York Times - Jan. 15 -
Trump's China tariff threats are helping fuel a manufacturing boom — in Mexico
The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give ...NBC News - Jan. 15 -
Trump's Canada and Greenland Threats Imperil China Fight, Says Departing Envoy
Nicholas Burns, the U.S. ambassador to China, also said he was leaving his post with deep concerns about the future of relations with China.The Wall Street Journal - Jan. 15 -
Trump allies reacting to Hegseth's Senate confirmation hearing
President-elect Donald Trump's allies are reacting favorably to Pete Hegseth's performance during his Senate confirmation hearing for the secretary of defense Cabinet role. CBS News' Olivia Rinaldi ...CBS News - Jan. 14 -
Canada’s Trudeau Cautions U.S. Consumers to Consider Harms of Trump’s Tariff Threats
Dismissing the president’s bluster about a 51st state, the departing leader urged Americans to think about the impact of high prices that will accompany new import taxes.Inc. - Jan. 13 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
China's Export Boom Means Trump Tariffs Would Hit Beijing Where It Hurts
The country’s economy is increasingly reliant on foreign demand for goods pouring out of Chinese factories.The Wall Street Journal - Jan. 12 -
Canada's former leader Chrétien has blunt advice for Trump: 'Give your head a shake!'
President-elect Donald Trump’s remark that Canada should become the 51st state has drawn condemnation and a patriotic outburst from a former Canadian prime minister who offered blunt advice to the ...ABC News - Jan. 11 -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - Jan. 10 -
Ontario leader warns of ‘pain’ for US if Trump imposes tariffs on Canada
Premier of most populous province says rhetoric clouds trade relationship worth hundreds of billions of dollars. The United States will “feel pain” if Donald Trump doesn’t back down from his ...The Guardian - Jan. 10 -
Trudeau: Trump threatened to annex Canada to distract from tariffs impact
Canadian PM says ‘skilful negotiator’ Trump is trying to distract from rise in prices that would follow his proposed tariffs. The Canadian prime minister, Justin Trudeau , has described Donald ...The Guardian - Jan. 9 -
Joe Rogan: US should take over Mexico after Canada
Podcaster Joe Rogan floated the possibility of the United States annexing Mexico after taking control of Canada, an idea president-elect Trump has suggested his administration could pursue. “Do you ...The Hill - Jan. 9 -
Canada Suddenly Has No Leader, and No Plan, for a Trump Trade Fight
The united front that Canada presented in President-elect Donald Trump’s first term is fractured and distracted after Prime Minister Justin Trudeau’s resignation.The Wall Street Journal - Jan. 8 -
Canadian leaders say Trump's talk about Canada becoming the 51st state isn't funny anymore
Canada's finance minister says U.S. President-elect Donald Trump’s comments that Canada should become the 51st state are no longer a joke and are meant to undermine America’s closest ally and major ...ABC News - Jan. 8 -
Gazans React to Trump’s Comments About Hostages
President-elect Donald J. Trump said “all hell will break out in the Middle East” if hostages captured in the Hamas-led attacks were not freed before he takes office.The New York Times - Jan. 8 -
Mexico president addresses fentanyl production after Trump's tariff threat
President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.CBS News - Jan. 8 -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - Jan. 8 -
Canada's Conservative leader slams Trump's '51st state' idea
Pierre Poilievre, leader of Canada’s Conservative Party, shot back at President-elect Trump’s idea of making his country America’s 51st state. “Canada will never be the 51st state. Period. We are a ...The Hill - Jan. 7 -
Shein's Lack of Answers on China Forced-Labor Concerns Angers U.K. Lawmakers
The bargain clothing site, which is seeking a London stock listing, declined to shed light on whether its clothing contains cotton from Xinjiang.The Wall Street Journal - Jan. 7 -
How ‘Tariff Man’ Trump Might Start Slowly When He Imposes Import Duties
Trump aides are reportedly discussing a plan to restrict pledged duties on all imports to an initial list of products considered critical to national security, reducing the risk of resurgent ...Inc. - Jan. 7 -
Trump's trolling and tariffs sped up Justin Trudeau's demise. How will Canada handle Trump now?
Canadians woke up Tuesday to an uncertain future, after Prime Minister Justin Trudeau said he would resign and bring his near-decade in power to an end.NBC News - Jan. 7 -
Why China’s industrial giants won’t be damaged by latest US blacklisting
Being placed on the Chinese military blacklist does not carry specific penalties or immediate bansFinancial Times - Jan. 7 -
Nippon Steel chief warns Trump that tariffs alone will not strengthen US industry
Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administrationFinancial Times - Jan. 7 -
Trump cites tariffs in call to merge Canada, US
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...The Hill - Jan. 6 -
Trump, White House react to Justin Trudeau's resignation
The development comes a month after Canada's deputy prime minister, Chrystia Freeland, resigned suddenly from Trudeau's cabinet.ABC News - Jan. 6 -
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China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...The Guardian - Jan. 6 -
Watch live: Canada's Trudeau resigns as Liberal Party leader
Canadian Prime Minister Justin Trudeau is expected to announce his resignation as Canada's Liberal Party leader Monday, after nine years in the country's top office. The reports from Canadian news ...The Hill - Jan. 6
