tariffs
Donald Trump administration initiates mass federal layoffs and high tariffs
The Donald Trump administration has initiated mass federal layoffs and enacted historic tariffs while pausing a major bipartisan Russian sanctions package amid rising costs.
EU sends envoy to Beijing as rising Chinese exports spark trade tensions
Senior EU officials are in Beijing for high-stakes trade talks addressing a massive deficit and surging Chinese vehicle and manufacturing exports.
China, US agree to AI dialogue, tariff cuts on $42b in goods during Xi Jinping summit
Following a presidential summit in Washington, the US and China agreed to reciprocal tariff cuts on $30 billion of goods and established an AI incident channel.
China, US slash tariffs on $30bn worth of goods, launch AI dialogue
Following a Washington summit, China and the US have agreed to slash tariffs on $30 billion worth of goods and launch a new artificial intelligence dialogue.
Mark Carney rules out EU membership for Canada amid US trade dispute
Canadian Prime Minister Mark Carney has dismissed reports that Ottawa is seeking European Union membership, opting instead for a bespoke strategic alliance as trade tensions with the United States escalate.
Trump calls for a Bombardier plane ban, drawing pushback from a GOP senator
President Donald Trump's demand to bar Bombardier aircraft sales in the U.S. has triggered an immediate backlash from Republican lawmakers and warnings of severe supply chain disruption.
Trump warns Canadian firms of US procurement exclusion over trade dispute
President Donald Trump has warned that Canadian firms could be barred from U.S. federal procurement contracts unless Ottawa guarantees equal market access.
A U.S. ban on Bombardier sales could ‘massively’ disrupt American aerospace
President Donald Trump threatened to bar Bombardier business jet sales in the United States unless the plane maker moves its operations stateside.
Canada Launches Retaliatory Tariffs on U.S. Goods
Canada has enacted approximately $20 billion in retaliatory tariffs against the United States, sparking an escalating trade dispute as Prime Minister Mark Carney resists trade pressure.
WATCH: Trump touts the economy in Pennsylvania, following interim agreement with Iran
President Donald Trump visited a manufacturing facility in Pennsylvania to refocus public attention on the domestic economy following an interim agreement regarding the recent conflict in the Middle East.
Trump manufacturing pledge falters as factory construction and jobs slump
Despite massive industrial pledges and aggressive tariffs, official data reveals a slump in factory construction spending and significant job losses.
Jaguar Land Rover to cut 4,000 jobs after profit slump
Jaguar Land Rover has launched a voluntary redundancy programme for salaried and management staff as part of a restructuring plan to save £1.7bn.
Trump announces new 50% tariff on Canadian cars, trucks and steel
Following the collapse of trade talks, President Trump has ordered a 50% tariff on Canadian automotive goods and steel, threatening North American supply chains.
Canada and US trade war shatters alliance after tariff talks collapse
The historic alliance between Canada and the United States has fractured into a trade war following the collapse of negotiations, with tariffs taking effect.
US and Canada enter trade war as Trump imposes 50% tariffs
The US and Canada have entered an outright trade war after President Trump imposed 50% tariffs on $20bn of Canadian goods following a breakdown in Washington negotiations.
Trump hits back at Canada as tariff dispute escalates
Trade tensions between the US and Canada escalated into a severe economic conflict after negotiations collapsed, prompting 50% tariffs on $20 billion in Canadian goods and planned retaliatory measures from Ottawa.
Canada suspends US trade talks and vows dollar-for-dollar tariff retaliation
Prime Minister Mark Carney has suspended trade negotiations with the United States as a sweeping new wave of American tariffs takes effect. Ottawa has vowed an immediate, dollar-for-dollar retaliation in response.
Trump Imposes Up to 100% Tariffs on Certain Imported Drones and Components
President Donald Trump signed a proclamation imposing tariffs of up to 100% on imported drones and components, aiming to curb foreign dependence and boost U.S. manufacturing.
FedEx and UPS begin issuing tariff refunds to customers following Supreme Court ruling
Major shipping carriers like FedEx and UPS are issuing refunds to customers following a Supreme Court ruling against past federal trade tariffs.
Trump administration refunds $100bn in illegal tariffs after court ruling
The US government has refunded $100bn to businesses following a Supreme Court ruling that declared previous tariffs unlawful.