Trade War

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Donald Trump’s upending of the global economy has raised fears that climate action could emerge as a casualty of the trade war. In the week that has followed “liberation day”, economic experts have warned that the swathe of tariffs could trigger a global economic recession, with far-reaching consequences for investors…

BANGKOK (AP) — Asian shares sank Friday after U.S. stocks gave up much of their historic gains from the day before. The deepening worries over President Donald Trump’s trade war initially helped pull Japan’s Nikkei 225 share index down 5.6%. By mid-morning in Tokyo, it was down 4.2% at 33,148.45.…

ANKARA, TURKIYE - APRIL 10: In this photo illustration portraits of US President Donald Trump and Chinese President Xi Jinping are displayed on computer screen as US flag is seen in Ankara, Turkiye on April 10, 2025. (Photo by Dilara Irem Sancar/Anadolu via Getty Images) Anadolu via Getty Images TAIPEI,…

“China’s share of global manufacturing is now larger than the combined share of the US, Japan, Germany, and South Korea.” Efforts by the US to block China’s attempts to avoid tariffs may strain global supply chains. Waning supply from China could drive prices higher as other economies take time to…

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…