Friendly countries around the globe join China in insisting import taxes are harmful to all, including WashingtonGovernments from Tokyo to Berlin and Ottawa to Paris have voiced sharp criticism of Donald Trump’s sweeping tariffs on car imports, with several of the US’s staunchest long-term allies threatening retaliatory action.Trump announced on Wednesday that he would impose a 25% tariff on cars and car parts shipped to the US from 3 April in a move experts have predicted is likely to depress production, drive up prices and fuel a global trade war. Continue reading...
Amidst widespread international condemnation, Canada declared the end of its era of deep ties with the US following President Trump's imposition of 25% tariffs on car imports. Nations like France, Germany, and Poland criticized the move, with the EU threatening retaliatory tariffs. Canada plans a coordinated response, including retaliatory measures, to protect its interests. Flight bookings between Canada and US have dropped by 70%. Allies worldwide criticised the move and warned about the effects of trade wars.
