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Economy


Trump imposes 25% tariffs on cars, escalating trade conflict

U.S. President Donald Trump has introduced a 25% tariff on imported cars and automotive parts, marking a significant escalation in the ongoing trade war. During his announcement at the White House, Trump framed the tariffs as a necessary action to reclaim economic losses from foreign nations that have......

The impact of Trump's tariffs on exports from Mexico and Canada

U.S. President Donald Trump has enforced a 25% tariff on imports from Mexico and Canada, his country’s largest trading partners. This move, effective from midnight Eastern Time, has caused global markets to drop. Alongside these tariffs, Trump has introduced an additional 10% levy on Chinese imports,......

Trade tensions escalate between North American allies as Trump imposes tariffs

US President Donald Trump's decision to implement hefty tariffs on imports from Mexico, Canada, and China has ignited a trade war among North American allies, with swift retaliatory measures from both countries. Trump cited the need to protect American citizens and curb the illicit fentanyl trade,......