Tag - tariffs

 
 

TARIFFS

Susan Holt, New Brunswick’s premier, speaks during a news conference in Washington on Wednesday.
BUSINESS
Feb 13, 2025
Canada’s 13 premiers descend on Washington to play the China card
For the first time, all 13 of the country’s premiers were in Washington together, lobbying Republican lawmakers against President Donald Trump’s proposed import taxes.
Cargo ships full of shipping containers are seen at the port of Oakland, California, on Feb. 3 as trade tensions escalate over U.S. tariffs
BUSINESS / Economy
Feb 13, 2025
Trump says he will sign reciprocal tariffs order soon, as trade war fears mount
Trump's latest round of market-rattling tariffs comes as Indian Prime Minister Narendra Modi is due to visit the White House on Thursday.
A monitor in Tokyo shows the yen at the ¥153 level against the dollar on Wednesday.
BUSINESS / Markets
Feb 12, 2025
Yen underperforms major currencies on Trump tariff uncertainties
Japan’s currency has dropped to ¥153.73 against the dollar, its weakest level in a week and lagging all major peers.
U.S. President Donald Trump signs executive orders, including two official proclamations that will impose a 25% tariff on steel and aluminum from all countries globally, in the Oval Office of the White House in Washington on Monday.
BUSINESS / Economy
Feb 12, 2025
Japan asks for exemption from Trump's steel and aluminum tariffs
Officials in Tokyo said the government will closely examine the impact of U.S. measures on Japanese companies and will take necessary actions.
A worker walks in front of rolls of steel at a steel company in Monterrey, Nuevo Leon, Mexico, on Tuesday.
BUSINESS / Markets
Feb 12, 2025
Canada, Mexico and EU slam 'unjustified' Trump steel tariffs
The European Union and Canada vowed to firmly retaliate against the tariffs.
U.S. President Donald Trump and Chinese leader Xi Jinping hold a bilateral meeting during the Group of 20 leaders summit in Osaka in June 2019.
COMMENTARY / World
Feb 11, 2025
Trump’s initial moves will benefit China
And while Trump has claimed that his policies will strengthen America, in reality, thus far, the biggest winner of many of his actions has actually been China.
Keidanren Chairman Masakazu Tokura hailed Prime Minister Shigeru Ishiba's first meeting with U.S. President Donald Trump as successful.
BUSINESS / Companies
Feb 11, 2025
Japan's business community expresses relief after the Ishiba-Trump summit
Uncertainty about the future remains, however, as Trump mentioned his eagerness to eliminate the U.S. trade deficit with Japan.
U.S. President Donald Trump holds a signed executive order on tariffs on aluminum imports in Washington on Monday.
BUSINESS / Economy
Feb 11, 2025
Trump sets 25% tariffs on steel and aluminum, heightening trade war
The move would fulfill what the most extreme trade protectionists have sought for years.
U.S. President Donald Trump welcomes Prime Minister Shigeru Ishiba to the White House in Washington on Friday.
JAPAN / Politics / ANALYSIS
Feb 10, 2025
Ishiba builds inroads with Trump, but challenges still loom
Ishiba won praise for his deft handling of Trump, squelching critics’ predictions that the president would walk all over the bookish Japanese leader.
Investors believe the amicable atmosphere of the first summit between Prime Minister Shigeru Ishiba and U.S. President Donald Trump on Friday has the potential to help support Japanese stocks in the medium term.
BUSINESS / Markets
Feb 10, 2025
Japan markets wobble as Trump talks of new steel tariffs for 'everyone'
The U.S. president's talk of reciprocal tariffs for "everyone” has provided a reminder of the risks that face America’s trading partners.
Trucks cross the Ambassador Bridge between Detroit and Windsor, Ontario, in Canada in the early morning hours of Feb. 1.
WORLD / Politics
Feb 10, 2025
Betrayed: How Trump’s tariff threats tore the U.S.-Canada bond
Donald Trump’s menacing rhetoric seems to have fractured the fraternal trust that has been the core of the relationship between the U.S. and Canada.
A worker welds at a steel manufacturing facility in Mexico City on Thursday.
BUSINESS / Economy
Feb 10, 2025
Trump to announce 25% steel and aluminum tariffs in latest escalation
Trump, speaking to reporters on Air Force One on his way to the Super Bowl in New Orleans, said he will announce the new metals tariffs on Monday.
The three megabank groups including Mitsubishi UFJ Financial Group posted record consolidated net profits in April-December 2024.
BUSINESS / Companies
Feb 9, 2025
Japan firms to log record profits — driven by finance and AI biz
Leading the growth is the financial sector, buoyed by the return of positive interest rates to Japan thanks to the Bank of Japan's rate hikes
Prime Minister Shigeru Ishiba and U.S. President Donald Trump hold a joint news conference in the East Room of the White House in Washington on Saturday.
JAPAN / Politics
Feb 9, 2025
Ishiba says Trump didn't push defense spending hike or discuss tariffs
Ishiba also echoed Trump's pledge to help mediate a move by Japan’s Nippon Steel to invest in U.S. Steel rather than purchasing the American company.
Prime Minister Shigeru Ishiba's visit to the U.S. for talks with Donald Trump yielded moderate success, highlighting the strategic focus of the American presidents second administration.
COMMENTARY / Japan
Feb 9, 2025
So far, so good for Ishiba — at least for now
It's safe to say, Ishiba’s visit to the U.S. went well. But we mustn't become complacent.
U.S. President Donald Trump speaks during a meeting with Prime Minister Shigeru Ishiba in the Oval Office of the White House in Washington on Friday.
BUSINESS / Economy
Feb 8, 2025
Trump says he will announce reciprocal tariffs on many countries next week
Trump did not identify which countries would be hit but suggested it would be a broad effort that could also help solve U.S. budget problems.
People line up outside an Apple store in Beijing.
BUSINESS / Companies
Feb 7, 2025
Apple’s China focus thrusts it into center of geopolitical fight
It counts China as its biggest manufacturing hub and the U.S. as its largest market, putting it at the center of an escalating geopolitical fight.
Ditching the U.S.' normal trade relations designation for China could lead to an automatic jump in levies, at rates that could far exceed what Trump has so far slapped on China.
BUSINESS / Economy / ANALYSIS
Feb 6, 2025
Trump's China focus increases odds of end to special trading status
The Permanent Normal Trade Relations designation was was extended to China in 2000.
U.S. President Donald Trump's imposed and since paused tariffs on Canada and Mexico, coupled with his broad levies on China — and possibly others soon — pose risks of economic retaliation, supply chain disruptions and long-term damage to U.S. influence.
COMMENTARY / World
Feb 5, 2025
The tariff man is making a risky bet
The optimal tariff argument ignores the substantial risks that Trump is taking. A generalized trade war will make everyone worse off.
Cargo containers await loading onto ships at the port of Tianjin, China, on Tuesday.
BUSINESS / Economy
Feb 5, 2025
Xi’s careful reply to Trump tariffs shows China has more to lose
The shift reflects both Xi’s success at diversifying imports away from the U.S. since Trump’s first term, as well as China’s more precarious economic situation.

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