April 11, 2025, 6:20 am
In an escalating trade conflict between the United States and China, exporters described the severe impact of Trump-era tariffs. Following the U.S. imposition of a 145% tariff on Chinese goods, China retaliated with a 125% tariff on U.S. products, affecting over $582.4 billion in bilateral trade. The exporters voiced concerns about rising costs and supply chain disruptions, highlighting the broader economic implications of the trade war. Their commentary reveals the deep challenges facing international business amid shifting global policies.
The first week of auto tariffs imposed by U.S. President Donald Trump has come to an end, and Canada's auto sector says not only have they been hit by costs but ongoing confusion.
In our latest Fact-check Friday, we dive into accusations that Poilievre's leadership campaign was "bankrolled" by India, whether Mark Carney had a "meeting" with a Chinese government-affiliated group, and whether safe consumption sites work.
China hits back by raising tariffs on imported American products from 84 per cent to 125 per cent after the U.S. raising tariffs on China earlier this week.
North American stock markets took a plunge, yet again
China raised tariffs on U.S. goods from 84% to 125%, further escalating the trade war and stirring market jitters and fears of a global slowdown, just as President Trump paused additional import taxes.
China retaliated by imposing a 125% tariff on U.S. goods following Trump's 145% tariff on Chinese products, escalating the trade war and impacting businesses involved in over $582.4 billion in bilateral trade.
9 stories from 6 sources in 3 days ago ... #economy #trade #us-relations #global-trade #business #tariffs #politics #foreign-policy #autosector #Carney #poilievre
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