Beijing: China announced tariffs on over $2.6 billion worth of Canadian agricultural and food products on Saturday, retaliating against levies Ottawa introduced in October and opening a new front in a trade war largely driven by US President Donald Trump’s tariff threats. The levies, announced by the commerce ministry and scheduled to take effect on … Read more
New Delhi: As tensions between China and the United States ramp up – particularly after the US doubled tarrifs on Chinese imports to 20 per cent – China’s Foreign Minister Wang Yi called on New Delhi and Beijing to work together and “take the lead in opposing hegemonism and power politics”. Speaking Friday afternoon, after … Read more
Washington: US President Donald Trump on Thursday delayed some tariffs targeting Canada and Mexico — leading Ottawa to halt an upcoming wave of countermeasures — in moves that bring reprieve to companies and consumers after blowback on financial markets. Stock markets tumbled after Trump’s duties of up to 25 percent took effect Tuesday, as economists … Read more
US President Donald Trump on Saturday ordered 25 per cent tariffs on Canadian and Mexican imports and 10% on goods from China, citing the “major threat” posed by “illegal aliens” and drugs, including “deadly” fentanyl. Top Points On Donald Trump’s Tariffs: Donald Trump signed three separate executive orders on the tariffs, risking a new trade … Read more