Prime Minister Justin Trudeau said he would ‘not back down in standing up for Canadians’

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In a shocking move, Ontario Premier Doug Ford will remove American liquor from shelves across his province

Events

The provocative comments came after both Canada and Mexico announced retaliatory tariffs on US goods

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The trade penalties that President Donald Trump signed have caused a mix of panic, anger and uncertainty, and threatened to rupture a decades-old partnership on trade in North America.

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Beijing criticises Trump's 10% levy on Chinese goods and says it will challenge the tariffs at the WTO

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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.

Events

Further tariffs being considered for European Union and for energy, metals, pharmaceuticals, and semiconductor sectors

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The US President has announced sweeping new tariffs on all goods imported into America from China, Mexico and Canada.

Events

Goods from country are to face an extra 10% levy from Tuesday alongside additional 25% tariffs on Mexican and Canadian importsOver in the UK, the home secretary Yvette Cooper said that Trump’s tariff plans could have a “really damaging impact” on the global economy and growth.The Labour cabinet minister said the UK wanted to break down trade barriers, not put them up. Continue reading...

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Canadian Prime Minister Justin Trudeau announced a 25 per cent tax on £85.9bn worth of US goods

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Prominent banker Mark Garney labelled Donald Trump a “bully” after the president signed executive orders implementing 25 percent tariffs on imports from Canada.

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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

Justin Trudeau has issued a plea to Canadians after Donald Trump imposed a 25 percent tariff on imports from Canada.

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

Events

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

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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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President bets he can achieve his aims through tariffs without igniting inflation or a sell-off in American stocks

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President bets he can achieve his aims through tariffs without igniting inflation or a sell-off in American stocks

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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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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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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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