Trade War

WASHINGTON — U.S. President Donald Trump partially reversed course Wednesday on his global trade war following days of market turmoil — but he's not offering any changes to the tariffs hitting Canada. Trump announced an immediate 90-day pause on the levies on nations slapped with the highest duties under his…

Reuters FILE PHOTO: An employee inspects tablets as they move along the production line at a pharmaceutical plant of Lupin, India's No. 2 drugmaker, in Verna, in the western state of Goa, India, June 9, 2017. Picture taken June 9, 2017. REUTERS/Danish Siddiqui/File Photo By Maggie Fick LONDON (Reuters) -U.S.…

Photo: Michael M. Santiago / Staff (Getty Images) In This Story Trump may have announced a 90-day pause on tariffs for most countries , but he remains determined to escalate the trade war with China. On Wednesday, he announced that Chinese goods will now be subject to 125% tariffs. Suggested…

TORONTO — North American markets careened to a fourth day of losses in a dramatic turnaround from the rally that started the day as concerns over tariffs continued to mount. "The rollercoaster continues, and really driven by the headlines once again," said Angelo Kourkafas, senior investment strategist at Edward Jones.…

Michael McGrath has said he expects tariffs on US imports into the European Union will be approved and begin next week.  A vote on a package of retaliatory tariffs will take place tomorrow and is expected to pass.  On Newstalk Breakfast , Ireland’s EU Commissioner the details will have to…

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President Donald Trump on Monday doubled down on his trade war and threatened to levy even higher tariffs on China this week, as markets endured a third day of intense volatility. “We've been ripped off and taken advantage of by many countries over the years, and can't do it anymore,”…

In the run-up to the Switch 2 launch, part of Nintendo’s focus has been on ensuring it can meet the demands of an audience hungry for a new console. And that new system comes with a hefty price—$450—which could go up even more due to President Donald Trump’s sweeping tariffs…

US President Donald Trump and his advisers have defended sweeping tariffs on imports and vowed to stay the course, despite market turmoil and calls to avoid a trade war. In a series of television interviews, Treasury Secretary Scott Bessent played down recent stock market falls and Howard Lutnick, the commerce…

Asian stock markets have fallen dramatically amid escalating fears of a global trade war - as Donald Trump called his tariffs "medicine" and showed no sign of backing down. Hong Kong's Hang Seng index of shares closed down 13.2% - its biggest drop since 1997, while the Shanghai composite index…