Tag: commercial war

Friday, August 1st 2025 - 10:47 UTC
US tariffs: Argentina and Uruguay charged only 10%

As the new tariffs scheme established by US President Donald Trump became effective Friday, Uruguay and Argentina were among the least affected countries, with surcharges of only 10%, a steep difference from Canada's 35% or Brazil's 50% and a default 15% surcharge unless otherwise specified.
Friday, August 1st 2025 - 10:40 UTC
Embraer not included in Trump's 50% tariffs

Brazil’s aircraft manufacturer Embraer will remain outside the scope of US President Donald Trump's 50% import tariffs after aircraft, engines, aviation parts, and components appear on the list of around 700 exempt products. Last week, the company reported that the tariff would render sales unfeasible.
Thursday, April 10th 2025 - 10:40 UTC
Trump lowers huge tariffs for everybody but ups those for China

US President Donald Trump Wednesday announced a 90-day freeze on reciprocal tariffs for most countries, reducing them to a 10% baseline, while raising tariffs on Chinese goods to 125%, effective immediately. The decision followed negotiations with over 75 nations interested in new trade terms, spurred by Trump’s initial tariff announcements last week.
Monday, April 7th 2025 - 23:14 UTC
Markets slump worldwide amid Trump’s tariff war and recession fears

US stocks experienced significant volatility Monday amid a global trade war sparked by President Donald Trump’s tariffs. In addition, Washington threatened China to impose an additional 50% surcharge if Beijing does not retract its own 34% increase by Tuesday.
Monday, April 7th 2025 - 10:57 UTC
Trump’s 41% tariff on Falklands, “biggest threat since Argentine invasion”, Liberal Democrat leader

The leader of UK’s Liberal Democrats, Ed Davey has called on the Prime Minister to meet with the Falklands Governor, after President Trump announced tariffs of 41% on exports from the Falkland Islands to the United States.
Friday, April 4th 2025 - 09:47 UTC
Milei says negotiations for zero tariffs with US under way

Argentine President Javier Milei said during a Conservative event in Florida that his country was negotiating with Donald Trump's administration a zero-tariff deal on approximately 50 export products, aiming for a potential Free Trade Agreement (FTA) shortly. Milei's remarks came after the Republican leader slapped a 10% tariff on all Argentine goods as part of a broader protectionist policy.
Friday, April 4th 2025 - 09:36 UTC
Canada announces countermeasures to Trump's tariffs

Canadian Prime Minister Mark Carney announced Thursday that his country would impose 25% tariffs on US-made automobiles in response to President Donald Trump’s 25% tariffs on Canadian autos as part of his “Liberation Day” measures.
Thursday, March 27th 2025 - 16:50 UTC
India and China no longer buying crude from Venezuela after Trump's threats

The United States imposing a 25% tariff on countries importing oil and gas from Venezuela starting next month has already taken its toll on Caracas' coffers as India and China —accounting for over 50% of its crude exports— have halted purchases. China, which imported 351,000 barrels per day (bpd) last year, and India, with 254,000 bpd in January, are stepping back, with companies like India’s Reliance Industries planning to stop imports.
Tuesday, March 4th 2025 - 09:29 UTC
Canada will retaliate if Trump moves on with tariffs

Canada's Foreign Minister Mélanie Joly announced Monday that her country was ready for if or when US President Donald Trump decides to move on with the 25% tariffs currently on pause following a telephone understanding with acting Prime Minister Justin Trudeau.
Saturday, August 3rd 2019 - 07:30 UTC
China bows to fight back Trump's tariffs: “if they want to fight, then we will fight”

China on Friday vowed to fight back against US President Donald Trump's abrupt decision to slap 10% tariffs on the remaining US$300 billion in Chinese imports, a move that ended a month-long trade truce.