President Donald Trump signed an executive order Thursday delaying his planned 25% tariffs on Canadian and Mexican imports until April 2. The decision came after discussions with Mexican President Claudia Sheinbaum and follows ongoing trade disputes with Canada.
President Donald Trump announced during a press conference with French President Emmanuel Macron that the United States will proceed with its tariffs on other countries, noting that the policies are "moving along rapidly."
President Donald Trump signed a memo directing Commerce Secretary Howard Lutnick and global trade representative Jamieson Greer to assess "fair and reciprocal" tariffs.
Canadian New Democratic Party (NDP) leader Jagmeet Singh told CNN that he would like to impose a "100 percent tariff on Tesla directly targeting Elon Musk.”
President Donald Trump has announced a 25% tariff on all foreign steel and aluminum imports, effective March 4, 2025. This policy aims to bolster domestic metal industries but has elicited varied responses from stakeholders.
On February 9, 2025, President Donald Trump announced a 25% tariff on steel and aluminum imports, reviving a trade policy aimed at protecting American manufacturers and reducing the trade deficit. The tariffs will affect imports from key trade partners such as Canada, Mexico, Japan, South Korea, and Germany. According to the administration, the measure is designed to strengthen domestic production and reduce dependency on foreign metal supplies.
Indian Prime Minister Narendra Modi is preparing additional tariff reductions ahead of his upcoming meeting with former President Donald Trump, a move aimed at increasing American exports to India and preventing potential trade tensions, according to government officials.