Browsing: us tariffs

Trump increases tariffs on Canada by 10% following a Reagan-themed Ontario ad, marking a sharp escalation in bilateral trade tensions.

OECD lifts 2025 global growth forecast to 3.2 percent but warns U.S. tariffs, slowing demand and trade tensions could weigh on economies in 2026.

The Japanese government lowered its corporate earnings forecast, blaming new U.S. trade barriers that have begun to weaken factory output and exports.

Canada’s economy contracted 1.6% in Q2 2025 as U.S. tariffs drove exports down 7.5%, marking the first quarterly decline in nearly two years.

India has condemned Trump’s 50% tariff hike as unfair and economically disruptive, vowing to take all necessary steps to protect national interests.

The Trump administration’s reciprocal tariffs reshape global trade, with average rates soaring to historic highs and new deals sought with key partners.

Poland may lose $2.16 billion due to new US tariffs on EU goods, with key sectors like manufacturing and agriculture expected to suffer the greatest impact.

The European Union has postponed its retaliatory tariffs on US exports until early August to allow more time for talks amid rising transatlantic trade tensions.

U.S. President Trump will impose a 35% tariff on Canadian goods from August 1, citing fentanyl concerns and trade imbalance amid ongoing bilateral talks.

Nissan cuts 11,000 more jobs and shuts seven plants as global restructuring deepens amid sales decline and failed merger.