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MercoPress, en Español

Montevideo, March 6th 2025 - 17:17 UTC

Tag: US trade war

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

    Tariffs on Canada also postponed after Trump-Trudeau talks

    Trudeau had announced Canada's own 25% tariff on US goods in retaliation

    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.

  • Monday, February 3rd 2025 - 19:28 UTC

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

    Trump was to speak later Monday with Trudeau. Hence, a similar measure in the Canadian case was not to be ruled out

    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.

  • Monday, February 3rd 2025 - 10:40 UTC

    Trump signs 25% tariffs on Mexican and Canadian goods

    Trump declared a trade war between the US on one side, and China, Mexico, and Canada on the other, with the EU seemingly next in line

    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.

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

    Trump's tariffs already have repercussions in Japan

    Trump's economic plans might impact the exchange rate between the US dollar and the yen

    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.

  • Tuesday, May 21st 2019 - 09:12 UTC

    US eases some restrictions imposed on Huawei for 90 days

    
US Commerce Department will allow Huawei Technologies to purchase US made goods in order to maintain existing networks and provide software updates

    The US government on Monday eased some restrictions imposed last week on China's Huawei, a sign of how the prohibitions on the telecommunications company may have far-reaching and unintended consequences.