Tariffs

Trump Threatens 200% Tariff on Wine, Champagne from France, other EU countries

This is Beirut, 13/03 15:00 - Reading : 2 minute(s)

Donald Trump European Union United States France Tariffs

US President Donald Trump on Thursday threatened to impose 200-percent tariffs on wine, champagne and other alcoholic products from France and other European Union countries in retaliation against the bloc's planned levies on US-produced whiskey. "If this tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all wines, ...

US Trading Partners Hit Back on Steel, Aluminum Tariffs

This is Beirut, 12/03 17:25 - Reading : 4 minute(s)

United States European Union Tariffs

Major US trading partners announced countermeasures Wednesday to President Donald Trump's blanket steel and aluminum tariffs, hours after the levies took effect in a salvo that fueled trade tensions globally. The steep 25-percent levies came into place after midnight with no exemptions despite countries' efforts to avert them, in an escalation of ...

Trump Threatens Canada With Tariffs on Dairy and Lumber

This is Beirut, 07/03 20:40 - Reading : 1 minute(s)

Donald Trump United States Canada Tariffs

US President Donald Trump on Friday said tariffs could be imposed on Canadian dairy and lumber products within days in a growing trade war between the United States and its northern neighbor. "Canada has been ripping us off for years on tariffs for lumber and for dairy products," he said. "They'll be met with the exact same tariff unless they ...

Trump Threatens Russia With Sanctions and Tariffs Over Ukraine Bombardments

This is Beirut, 07/03 17:05 - Reading : 1 minute(s)

Donald Trump Russia Ukraine Tariffs

US President Donald Trump on Friday threatened new sanctions and tariffs on Russia over its bombardments of Ukraine, after previously suspending US aid to Kyiv in a stated bid to encourage diplomacy. "Based on the fact that Russia is absolutely 'pounding' Ukraine on the battlefield right now, I am strongly considering large-scale banking ...

Global Trade War... Trump's Tariffs Upsetting the World

Maurice Matta, 06/03 11:00 - Reading : 7 minute(s)

Donald Trump United States Canada Mexico Tariffs Trade

In his longest-ever speech before Congress, US President Donald Trump addressed several domestic and foreign issues, calling for the beginning of the “America’s Golden Age” and the strengthening of its sovereignty and independence. He emphasized that the United States “will remain free and independent.” As he delivered his speech, Trump ...

Mexico Warns US It Is Ready to Seek Other Trade Partners

This is Beirut, 05/03 17:10 - Reading : 1 minute(s)

Mexico United States Tariffs Claudia Sheinbaum Donald Trump

Mexico will look for other trading partners if needed in the face of US President Donald Trump's sweeping tariffs, his Mexican counterpart Claudia Sheinbaum warned Wednesday. Mexico has to take "important decisions for the future of the country" and "if necessary, other trading partners will be sought," she said at her morning news ...

Macron Announces EU Plans for 'Reciprocal' Tariffs on US Steel and Aluminium

This is Beirut, 28/02 17:35 - Reading : 1 minute(s)

France Emmanuel Macron United States Tariffs EU

The EU will impose "reciprocal" tariffs on US steel and aluminum if President Donald Trump moves ahead with threatened 25 percent duties on European imports, French President Emmanuel Macron said Friday. If the tariffs are confirmed, "Europeans will respond and therefore there will be reciprocal tariffs. Because we must ...

Trump to Impose New Tariffs on China, Mexico, and Canada as of Next Week

This is Beirut, 27/02 19:15 - Reading : 2 minute(s)

Donald Trump Tariffs China Canada Mexico

US President Donald Trump said Thursday that he would impose an added 10 percent tariff on Chinese imports while moving ahead with levies on Canada and Mexico next week, citing "unacceptable" fentanyl smuggling. Trump had announced – then halted – sweeping 25 percent levies on Canadian and Mexican imports this month over illegal immigration ...

Trump Signs Executive Orders for Steel, Aluminum Tariffs to Start March 12

This is Beirut, 11/02 09:05 - Reading : 4 minute(s)

Donald Trump USA Emmanuel Macron Europe Tariffs

  US President Donald Trump signed executive orders to impose 25 percent tariffs on steel and aluminum imports from March 12, ramping up a long-promised trade war despite warnings from Europe and China. "Today I'm simplifying our tariffs on steel and aluminum," Trump said Monday in the Oval Office. "It's 25 percent without exceptions or ...

Tariff Crisis: Trump Redefines Global Trade

Paul Guillot, 05/02 12:20 - Reading : 5 minute(s)

Donald Trump Canada Mexico China Trade Tariffs

The Trump administration has disrupted the global economy with a series of dramatic announcements and last-minute negotiations, imposing new tariffs on key trading partners – Canada, Mexico and China. While Canada and Mexico secured temporary reprieves through emergency agreements, China remains entrenched in a fierce tariff standoff. Amid ...

US stocks open sharply lower on Trump tariffs

This is Beirut, 03/02 18:00 - Reading : 1 minute(s)

Donald Trump Washington Canada Stocks Tariffs

Wall Street stocks opened sharply lower Monday, joining most international equity bourses in falling after US President Donald Trump launched trade wars against Canada, Mexico and China. The tariffs, if maintained, are expected to prolong or worsen inflationary pressures, hitting growth. About 25 minutes into trading, the Dow Jones industrial ...

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