As President Donald Trump wages a trade war with Mexico and Canada, the El Paso region – where trade totaled $160 billion in 2024 – is being pushed to a
Donald Trump just imposed a 25 percent tariff on virtually all goods produced by America’s two largest trading partners — Canada and Mexico. He simultaneously established a 20 percent across-the-board tariff on Chinese goods.
Canada will continue to be in a trade war with the United States for the foreseeable future, Prime Minister Justin Trudeau said on Thursday, a day after what he called a "colorful" call with President Donald Trump.
Warren Buffett and Steve Cohen warned consumers would be footing the bill for Trump's trade war, and business bosses have now confirmed they plan to pass on at least half of their rising costs.
President Donald Trump initiated a trade war with Canada and Mexico, America’s two largest trading partners. Following through on weeks of threats, he imposed 25% tariffs on imported goods from Mexico and Canada and a lower 10% tariff on imports of Canadian energy resources.
President Xi Jinping signaled China’s determination to push ahead with an ambitious growth goal this year, despite the trade war. If Donald Trump boosts tariffs further, analysts say Beijing will need to unleash big stimulus to hit the target.
Minutes after US President Donald Trump launched his trade war, America’s second and third biggest trading partners—Canada and China—fired back with powerful retaliatory tariffs of their own. The Republican’s decision to finally follow through on his repeated threats to shakeup the global economy also sent the stock market deeper into the hole it started digging yesterday.