Trade War

Trump to Announce Reciprocal Tariffs Next Week

08 Feb 2025

Former US President Donald Trump has announced plans to introduce reciprocal tariffs next week in a bid to equalize trade relations with international partners. The move, which he revealed during a meeting with Japanese Prime Minister Shigeru Ishiba, is expected to impact multiple sectors, including automobiles, steel, and pharmaceuticals. What...

Trump Warns Japan of Tariffs, Meets PM Ishiba in Washington

08 Feb 2025

US President Donald Trump met with Japanese Prime Minister Shigeru Ishiba in Washington, warning of potential tariffs on Japanese goods if the trade deficit between the two nations is not balanced. Ishiba, only the second foreign leader to visit Trump since his return to power, praised the US president in...

US Faces Economic Risks in Three-Way Trade War

06 Feb 2025

The United States and China have entered a new phase of their ongoing trade war, with tariffs escalating and economic tensions rising. However, experts warn that the conflict may expand beyond China, potentially dragging Mexico and Canada into a three-way trade war that could significantly damage the US economy. Escalating...

How Donald Trump’s Tariffs Spark Trade War Fears and Affect Countries

03 Feb 2025

Newly sworn-in US President Donald Trump has set off what many are terming the start of a "trade war" by imposing tariffs on imports from Canada, Mexico, and China. Citing a "major threat" posed by illegal immigration and drug trafficking, Trump exercised emergency economic powers to introduce tariffs that could...

Asian Markets Drop As Trump’s Tariffs Spark Trade War Fear

03 Feb 2025

Asian stocks saw a significant downturn on Monday, as growing concerns about the potential impact of President Donald Trump’s tariffs on major U.S. trading partners weighed heavily on investor sentiment. The tariff impositions, expected to take effect on Tuesday, sparked fears of an escalating trade war, resulting in a widespread...

Trump’s Tariffs on Canada, Mexico & China Begin Saturday

01 Feb 2025

The White House has confirmed that President Donald Trump will implement new trade tariffs this weekend on three of the United States' major trading partners—Canada, Mexico, and China. At a press briefing, White House Press Secretary Karoline Leavitt stated that the move was in response to the illegal fentanyl crisis,...