President Trump threatened to impose a 200% tariff on all alcoholic beverages imported from European countries if the European Union does not remove its 50% tariff on U.S. whiskey.
Ontario Premier Doug Ford reversed course Tuesday, suspending a 25% electricity surcharge on U.S. states just one day after its implementation. Ford initially insisted he would be “relentless” in enforcing the tariff but quickly apologized to Americans and withdrew the policy during an appearance on WABC’s Cats & Cosby radio show.
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.