Trade War Heats Up After Trump Orders Tariffs and Canada Retaliates
Read more at The New York Times
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FirstFT: Trump starts trade war with Canada, Mexico and China, threatens EU
Also in today’s newsletter, Trump threatens aid to South Africa and corporate America cosies up to MuskFinancial Times - 1h -
The Trump trade war begins
The new Trump administration places 25% tariffs on US neighbours; 10% on ChinaFinancial Times - 2h -
Trump says EU tariffs will ‘definitely happen’ as Mexico, Canada and China retaliate
Trump takes softer line on UK, saying ‘I think that one can be worked out’, while Mexico and Canada vow levies and to strengthen ties with each other . Donald Trump has threatened to widen the ...The Guardian - 3h -
Bitcoin slides toward $90,000 after Trump orders tariffs
Cryptocurrencies tumbled on Sunday in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs.CNBC - 4h -
Wall Street Journal editorial calls Trump tariffs ‘dumbest trade war in history’
Some US business leaders reacted neutrally, while JP Morgan CEO says tariff threats can be used effectively. US business leaders are offering a mixed reaction to the steep trade tariffs that Donald ...The Guardian - 10h -
Canada's Trudeau announces retaliatory tariffs after Trump's executive order
Prime Minister Justin Trudeau announced that Canada would respond to President Trump's decision to enact a 25% tariff on Canadian exports to the U.S. by implementing a 25% tariff against $155 ...NBC News - 1d -
The tequila tariff? US consumers set to pay price of Trump’s trade war
Avocados, tomatoes, tequila and even cars could be more expensive as a result of the US president’s decisionFinancial Times - 1h -
The absurdity of Donald Trump’s trade war
Tariffs on Canada, Mexico and China will harm America’s own economy and diplomatic powerFinancial Times - 14h -
Trump launches trade war on Canada, Mexico and China, provoking retaliation
President Trump announced new tariffs on imports from Canada, Mexico and Canada Friday afternoon, opening up the first fronts in a trade war that could soon engulf numerous U.S. trade partners, ...MarketWatch - 21h -
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 -
Canada and Mexico hit back after Trump signs order for punishing tariffs
Justin Trudeau, Canada’s prime minister, announces tit-for-tat 25% tariffs and warns of impeded access to ‘vital goods critical to US security’. The leaders of Canada and Mexico have hit back ...The Guardian - 1d -
Trump enacts tariffs on America's largest trading partners, China, Mexico and Canada
President Trump, as he threatened, has enacted tariffs of 25% on imports from Mexico and Canada, along with an additional 10% tariff on goods from China. Energy imports from Canada, however, will ...CBS News - 1d -
Wall Street Journal slams Trump's tariff plans: 'The dumbest trade war in history'
The Wall Street Journal’s editorial board published a punchy Saturday op-ed listing all the failed reasons for President Trump’s tariff plan, citing a declining trend in trade and manufacturing ...The Hill - 1d -
Trump’s tariffs on Canada, Mexico and China: will they spark a trade war?
As the US president imposes import taxes on three key trading partners, we examine potential repercussions. Donald Trump has vowed to impose sweeping tariffs on imports from Canada, Mexico and ...The Guardian - 1d -
Trump tariffs on Canada, Mexico and China to start Saturday. Here’s why they may be ‘just the warm-up.’
President Donald Trump and his press secretary said Friday that tariffs on Canada, Mexico and China will come on Saturday, with Trump stating that there’s no way those countries can avoid the levies.MarketWatch - 1d -
Canada 'will stand up to a bully', says PM contender Carney over Trump tariffs
The prime ministerial candidate responds to Donald Trump imposing 25% tariffs on Canada.BBC News - 2d -
Trump threatens to ignite era of trade wars with new tariffs
US president says he will hit Canada, Mexico, China and EU with levies as he targets major trading partnersFinancial Times - 2d -
Trudeau says Canada 'won't back down' as Trump ups tariff threat
Prime Minister Justin Trudeau said Canada “won’t back down” from President Trump’s threat to impose a 25 percent tariff and that Ottawa will respond accordingly until they are removed. “We're ...The Hill - 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 - 2d -
Trump warns Canada, Mexico tariffs are coming on Saturday
President Trump on Thursday said he plans to follow through on Saturday on his threat to impose 25 percent tariffs on goods from Mexico and Canada. "We’ll be announcing the tariffs on Canada and ...The Hill - 3d -
5 N.B.A. Trade Proposals as the Deadline Action Heats Up
While the league’s eyes remain focused on Jimmy Butler and Miami, there are other stars that could be on the move soon.The New York Times - 5d -
Colombian president orders increase of import tariffs on US goods after Trump order
Colombian President Gustavo Petro on Sunday ordered an increase of import tariffs on goods from the United States in retaliation to President Trump's tariffs and sanctions. Petro, in a post on the ...The Hill - Jan. 26 -
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 TrumpABC News - Jan. 26 -
Trump tariff talk is heating up on Wall Street, signaling a rocky road ahead for investors
S&P 500 companies’ mentions of tariffs on earnings calls have surged, according to Citi Research.MarketWatch - Jan. 25 -
China sees room to avert trade war with Trump despite tariff threat
New US president hints at potential agreement linking TikTok ownership with tariffsFinancial Times - Jan. 22 -
Wall Street shrugs off Trump after he vows Mexico and Canada tariffs
S&P 500 and Nasdaq Composite largely unmoved as it opened for trading for first time after inauguration. Financial markets largely shrugged after Donald Trump outlined plans to impose punitive ...The Guardian - Jan. 21 -
Trump threatens steep tariffs against Canada and Mexico
President Trump opted against deploying a blanket tariff against U.S. trading partners, but kept the heat on Canada and Mexico.CBS News - Jan. 21 -
Trudeau says Canada will respond to US tariffs as Ontario's premier says Trump 'declared war'
Canada’s outgoing prime minister and the leader of the country’s oil rich province of Alberta are confident Canada can avoid the 25% tariffs President Donald Trump says he will impose on Canada and ...ABC News - Jan. 21 -
Canada avoids Trump's tariffs - for now
President Donald Trump stopped short of imposing tariffs on Canada on day one but said they may come as soon as 1 February.BBC News - Jan. 21 -
Trade war has no winners, China's vice premier warns, as Trump threatens tariffs
Chinese Vice Premier Ding Xuexiang warned of "no winners" in a trade war during a speech Tuesday during the World Economic Forum in Davos, Switzerland.CNBC - Jan. 21 -
Trump Promises Tariffs on Canada and Mexico, and Paves Way for Further Trade Action
The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a sweeping review of U.S. trade policy.The New York Times - Jan. 21 -
Trump's Tariff Threats Push Europe to Gear Up for Trade Fight
U.S. duties could nudge the European Union toward protectionist measures and away from free trade.The Wall Street Journal - Jan. 19 -
Canada, Trump and the new world order
Michael Ignatieff on what the US president-elect’s threats mean for the Americas and beyondFinancial Times - Jan. 18 -
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 -
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 -
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 -
MLB rumors: Dodgers won't rush to trade after Hyeseong Kim signing, Justin Verlander market heating up
Here are the latest news and rumors for Major League Baseball's hot stoveCBS Sports - Jan. 4
More from The New York Times
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From Groceries to Cars, Tariffs Could Raise Prices for U.S. Consumers
President Trump’s new tariffs on goods from Canada, Mexico and China are likely to result in higher prices for lots of products, including computers, tequila and gas.The New York Times - 10h -
Why Is This C.E.O. Bragging About Replacing Humans With A.I.?
Most large employers play down the likelihood that bots will take our jobs. Then there’s Klarna, a darling of tech investors.The New York Times - 9h -
How Old Prisons Are Being Converted Into Stylish Apartments
The number of incarcerated people nationwide has declined, and almost 200 correctional facilities have closed in the past 20 years. The sites are being repurposed.The New York Times - 20h -
Trump’s Canada and Mexico Tariffs Could Hurt Carmakers
General Motors and a few other companies make as much as 40 percent of their North American cars and trucks in Canada and Mexico, leaving them vulnerable to tariffs.The New York Times - 12h -
Trump Administration to Remove 4 Major News Outlets From Pentagon Office Space
The New York Times, NBC News, NPR and Politico will be replaced by outlets including the right-wing site Breitbart News as part of a “new annual media rotation,” a spokesman said.The New York Times - 8h
More in Business
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Asian currencies weaken as Trump tariffs strengthen the greenback — Indian rupee hits record low
On Saturday, Trump imposed a 10% duty on Chinese exports to the U.S, and 25% tariffs on Canada and Mexico, two of its top trading partners.CNBC - 18m -
SoftBank commits to joint venture with OpenAI, will spend $3 billion per year on OpenAI's tech
SoftBank has committed to spending $3 billion per year to use OpenAI's tech, according to a joint release released on Monday.CNBC - 1h -
Trump tariffs-led spike in energy prices is temporary, oil prices could ‘plummet’ as global growth slows
Oil prices are likely to fall in the longer run after the initial jump following Donald Trump's implementation of hefty tariffs, said industry watchers.CNBC - 1h -
U.S. Diplomat Pressures Panama over Chinese Canal Businesses
Panama’s president said his country’s sovereignty over the waterway is not up for discussion.Inc. - 1h -
Dollar surges as Donald Trump’s tariffs shake markets
US stock futures drop and oil prices rally as president says measures could cause ‘pain’Financial Times - 2h