7 hours ago 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 after Donald Trump signed an order authorizing dramatic tariffs on their goods, along with imports from China.Canada’s prime minister, Justin Trudeau, on Saturday night made a televised address announcing concrete measures including a tit-for-tat 25% tariff phased in across $155bn worth of American products. Trudeau said Trump had put US consumers’ and industries’ access to much-needed Canadian critical minerals and resources including oil, energy and timber under threat, and promised to work with Canada’s provinces to review dealings with the United States. Continue reading...

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64 minutes ago Justin Trudeau hits back at Donald Trump in trade war as Canada joins Mexico and China in vowing retaliation for the president's tariffs bombshell

Trudeau slammed Trump for betraying Canada as he announced that his country would put matching 25 per cent tariffs on up to $155billion in US imports, including alcohol and fruit.

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7 hours ago Mexico and Canada announce tariff retaliations as Trump sparks new trade war

Mexican president Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau both announced their own levies on Saturday

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11 hours ago Trump signs order authorizing tariffs on goods from Canada, Mexico and China

Decision could set the stage for a damaging trade war between the US and three of its top trade partnersDonald Trump has signed an order authorizing tariffs after vowing to impose dramatic taxes on goods from Canada, Mexico and China.The decision could set the stage for a damaging trade war between the US and three of its top trade partners. Trump has also threatened to impose tariffs against European Union nations. Continue reading...

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4 hours ago Canada strikes back with retaliatory tariffs as fears grow that Trump's trade war will causes prices to rocket

Canada will retaliate against President Donald Trump's new tariffs with 25% levies on a raft of U.S. imports, Prime Minister Justin Trudeau said on Saturday.

Events

16 hours ago JPMorgan’s $4bn delivery of gold bullion adds to fears Trump’s tariffs will reshape global trade

US bank, world’s biggest bullion dealer, says it will deliver raw material against contracts that will expire in FebruaryUS banking giant JPMorgan plans to deliver $4bn of gold bullion weighing more than 937 tons to New York this month, before an anticipated escalation of Donald Trump’s trade-rebalancing tariff moves planned for Saturday.The US bank, the world’s biggest bullion dealer, said it would deliver the hefty raw material, weighed as 30m troy ounces of gold, or 1.875m lbs, against contracts that will expire in February. Continue reading...

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7 hours ago Mexico and Canada hit back with counter tariff retaliation as Trump sparks new trade war

Mexican president Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau both announced their own levies on Saturday

Events

20 hours ago Carney vows Canada will ‘stand up to bully’ as Trump imposes trade tariffs

Economists fear full-on, tit-for-tat trade war as US also imposes tariffs on Mexico and ChinaMark Carney, the favourite to replace Justin Trudeau as the Canadian prime minister, has vowed that his country is “going to stand up to a bully” after Donald Trump imposed 25% tariffs on goods coming in from Canada.There are now 25% tariffs on goods coming into the US from Canada and Mexico, while China is being hit with tariffs of 10% on imported goods, leading some economists to fear the outbreak of a full-on, tit-for-tat trade war. Continue reading...

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22 hours ago Trump’s tariffs on Canada, Mexico and China: will they spark a trade war?

As the US president imposes import taxes on three major trading partners, we examine the potential repercussionsDonald Trump has vowed to impose sweeping tariffs on imports from Canada, Mexico and China this weekend.There will be 25% tariffs on goods coming into the US from Canada and Mexicoand 10% on imports from China. Continue reading...

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