Trade wars erupt as Trump hits Canada, Mexico, China with steep tariffs
Washington DC, US Reuters US President Donald Trump’s new 25 per cent tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on Chinese goods to 20 per cent, launching new trade conflicts with the top three US trading partners. The tariff actions, which could upend nearly $US2.2 […]
Trump says Canada, Mexico tariffs to take effect on Tuesday; stocks tumble
Washington DC, US Reuters US President Donald Trump said on Monday that 25 per cent tariffs on goods from Mexico and Canada will take effect on Tuesday, stoking fears of a trade war in North America and sending financial markets reeling. Trump’s comments sent US stocks down sharply in late afternoon trading. The Mexican peso […]
Mexico and Canada say Trump will pause tariffs for one month
Mexico City, Mexico/Washington DC, US/Brussels, Belgium Reuters US President Donald Trump backed away from his threat to impose steep tariffs on Mexico and Canada on Monday, leaders of those countries said, but US tariffs on China were still due to take effect within hours. Both Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum […]
Trump stretches trade law boundaries with Canada, Mexico, China tariffs
Washington DC, US Reuters President Donald Trump has pushed into new trade law territory with an emergency sanctions law to justify punishing 25 per cent tariffs on Canadian and Mexican imports and an extra 10 per cent duty on Chinese goods to curb fentanyl and illegal immigration into the US. Trade and legal experts said […]
Trump says Americans could feel “pain” in trade war with Mexico, Canada, China
Washington DC, US Reuters President Donald Trump said on Sunday the sweeping tariffs that he has imposed on Mexico, Canada and China may cause “some pain” for Americans, as Wall Street and the largest US trading partners signalled hope that the trade war would not last long. Trump, who began his second term as president […]
Mexico nabs over a ton of fentanyl in largest ever seizure
Mexico City, Mexico Reuters Mexican security forces said on Wednesday they had made the largest fentanyl seizure in the country’s history, impounding 1,100 kilograms of the synthetic opioid in the state of Sinaloa. In a statement, law enforcement said the seizure was the equivalent of 20 million fentanyl doses and would cause an economic hit […]
An “emerging drug”: Fentanyl use spreads deeper into Mexico, on heels of US epidemic
LAURA GOTTESDIENER and BRENDAN O’BOYLE, of Reuters, report…
Economy, energy row and drugs loom at North American summit
Mexico City, Mexico Reuters North American leaders aim to give new impetus to strengthening economic ties at a meeting this week, even as a major dispute grinds on over Mexico’s energy policies which has distracted from cooperation on other issues like immigration. Mexican President Andres Manuel Lopez Obrador will host his US counterpart Joe Biden […]