Latest in Steep Levies
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Starmer will not impose immediate UK counter-tariffs to US steel levies
PM to take a ‘cool-headed’ approach as he tries to steer clear of transatlantic trade warFinancial Times - 20h -
Trump’s Shipbuilding Plan Could Cause Turmoil for Ocean Cargo Industry
The administration seeks to finance American shipbuilding through steep port fees.Inc. - 4d -
China hits Canada with retaliatory tariffs on agricultural products
Beijing accuses Ottawa of ‘discriminatory’ levies on electric vehiclesFinancial Times - 4d -
Wall Street Sinks as Recession Fears Loom
Last week’s steep sell-off resumed, with all three major U.S. indexes suffering sharp declines.Inc. - 1d -
China Hits Canada With Tariffs in Indirect Riposte to Trump
Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.The New York Times - 4d -
China’s Tariffs on U.S. Agricultural Products Take Effect
The action came in response to the higher levies on Chinese imports that President Trump announced last week.The New York Times - 2d -
Trump backs down on 50% steel and aluminium tariffs on Canada
U-turn comes after province of Ontario removes surcharge for power exports to the US but 25% levies to still take effectFinancial Times - 12h -
Trump’s 25% steel and aluminium tariffs take effect despite recession fears
Levies also set to apply to most derivative products such as tennis rackets and air conditioning unitsFinancial Times - 6h -
Trump finds unexpected ally in auto union leader over tariffs
UAW President Shawn Fain showed support for President Donald Trump's tariffs, which include 25% levies on automobiles and supporting parts.CNBC - 1d -
Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.The New York Times - 37m -
Trump tariffs on steel and aluminum come into effect amid US-Canada trade war
European Commission announces countermeasures after sweeping US levies of 25% come into force without any exemptions. Donald Trump’s tariffs on steel and aluminum imports took effect on Wednesday ...The Guardian - 4h -
Dow plunges 890 points after Trump declines to rule out recession
The stock market kicked off the week with steep losses Monday after President Trump declined Sunday to rule out the U.S. economy slowing into recession. The Dow Jones Industrial Average closed with ...The Hill - 1d -
Worst day of the year for markets
Markets suffered a steep sell off today following President Trump not denying that a recession could be a result of his trade policies. All three major indexes have seen a notable decline since the ...NBC News - 1d