Tag: Donald Trump

• Tuesday, February 4th 2025 - 08:46 UTC

  Tariffs on Canada also postponed after Trump-Trudeau talks

  

  After agreeing with Mexico's Claudia Sheinbaum on a one-month pause for the imposition of 25% tariffs, US President Donald Trump reached an understanding Monday with Canadian Prime Minister Justin Trudeau, provided his northern neighbors acquiesced to a series of demands regarding border security, including higher spending on organized crime and drug trafficking fight, in addition to appointing an official specifically in charge of fentanyl, drug cartels, and terrorists. Under the new deal, Canada also agreed to launch a joint strike force to combat organized crime.

  Add your comment!
• Monday, February 3rd 2025 - 19:28 UTC

  US tariffs on Mexico on hold after deal between Trump and Sheinbaum

  

  US President Doland Trump agreed Monday to put on hold for at least a month his decision to impose 25% tariffs on Mexican products after a conversation with his colleague Claudia Sheinbaum, during which new conditions were agreed upon.

  Add your comment!
• Monday, February 3rd 2025 - 10:40 UTC

  Trump signs 25% tariffs on Mexican and Canadian goods

  

  US President Donald Trump on Saturday signed the documents imposing a 25% tariff on Mexican and most Canadian goods and a 10% tariff on Canadian energy products and Chinese goods. The target countries announced retaliatory initiatives. The reciprocal import/export taxation will become effective Feb. 4.

  1 comment
• Monday, February 3rd 2025 - 07:38 UTC

  Trump's tariffs already have repercussions in Japan

  

  Hours after US President Donald Trump announced the imposition of 25% tariffs on Mexican and Canadian products, the Nikkei index in Tokyo, which groups together the 225 most representative stocks in the market, plummeted by 2.5%. The White House measures over the weekend impacted the Japanese capital early Monday morning.

  Add your comment!
• Friday, January 31st 2025 - 21:09 UTC

  Trump’s envoy delivers stern warning to Maduro in Caracas as US flag displayed in Miraflores

  

  Richard Grenell, the special envoy appointed by U.S. President Donald Trump, met with Venezuelan President Nicolás Maduro at the Presidential Miraflores Palace in Caracas on Friday. During the meeting, Grenell conveyed a non-negotiable message from White House official Mauricio Claver-Carone: Maduro must “receive back the Venezuelan criminals that have been sent to the United States.”

  Add your comment!
• Thursday, January 30th 2025 - 11:29 UTC

  Fed leaves rates unchanged with a message to Trump, “in no hurry to adjust policy stance”

  

  The United States Federal Reserve left interest rates unchanged following the two day meeting with Fed chair Jerome Powell emphasizing at the press conference that “the bank is in no hurry to adjust its policy stance, since the US economy remains strong”.

  Add your comment!
• Thursday, January 30th 2025 - 04:27 UTC

  Trump cites “military excellence” to ban transgender people from US Armed Forces

  

  US President Donald Trump insisted that “expressing a false 'gender identity' that differs from a person's sex cannot meet the rigorous standards necessary for military service” as he signed a series of executive orders leading to the banning of transgender people from serving in his country's Armed Forces.

  Add your comment!
• Tuesday, January 28th 2025 - 08:47 UTC

  Things back to normal but not for Colombians seeking a US visa

  

  The US State Department confirmed Monday that delays were still to be expected by Colombian nationals seeking a visa to travel to the United States after the incident between Presidents Donald Trump and Gustavo Petro over the weekend regarding two deportation flights.

  Add your comment!
• Tuesday, January 28th 2025 - 07:41 UTC

  Milei’s 2025 challenges: Between Argentina's mid-term elections and the IMF

  

  By Alejandro Werner (*) - The author thanks Ignacio Albe, Olivier Blanchard, Martina Copelman, Joseph Gagnon, José de Gregorio, Patrick Honohan, Douglas Irwin, Maurice Obstfeld, and other PIIE colleagues for their comments and suggestions.

  Add your comment!
• Tuesday, January 28th 2025 - 07:32 UTC

  Like old friends, PM Starmer/Trump; and Lamy/Rubio agree to meet soon

  

  Communication between British PM Keir Starmer cabinet and US President Donald Trump team seem very fluid, speaking like lifelong friends and buddies. That was what occurred on Monday when PM Starmer spoke to President Trump and on Sunday with Foreign Secretary David Lamy and US Secretary of State Marco Rubio. In both cases the leaders agreed to meet soon.

  Add your comment!