The British automotive industry also expressed concern about the United States’ trade restrictions. On Wednesday night, European Commission President Ursula von der Leyen expressed deep regrets about the United States’ decision to impose tariffs on imported European cars. RELATED: U.S. President Donald Trump Announces 25% Tariff on All Auto Imports Von der Leyen’s remarks came […]

Sanctions do not affect just a government or an individual. They impact an entire nation, President Sheinbaum said. On Wednesday, Mexican President Claudia Sheinbaum rejected the 25% tariffs imposed by the United States on countries that purchase oil or gas from Venezuela. RELATED: Mexico and U.S. To Discuss Security Cooperation “We do not agree with […]

She seeks to strengthen ties between their countries amid trade tensions sparked by Trump’s tariff threats. On Tuesday, Mexican President Claudia Sheinbaum said she has a pending call with Canadian Prime Minister Mark Carney to strengthen relations between both nations. RELATED: Canada Calls Early Election to Take on Trump Previously, she congratulated Carney on his […]

Currently, Venezuela is the twelfth-largest oil exporter to China. On Tuesday, Chinese Foreign Ministry spokesperson Guo Jiakun called on Washington to “stop interfering in Venezuela’s internal affairs,” referring to U.S. President Donald Trump’s announcement of a 25% tariff on countries that purchase oil from the Caribbean nation. RELATED: U.S. Attempts to Curb China Doomed to […]

‘Tariffs cannot solve the fiscal crisis. They cannot close the budget deficit,’ the Columbia professor said. Jeffrey Sachs, an economics professor and director of the Center for Sustainable Development at Columbia University, is critical of U.S. protectionist policies, particularly the widespread tariffs imposed in the first two months of U.S. President Donald Trump’s administration. RELATED: […]

‘Open markets satisfy two vital interests: peace and our essential export interests,’ he said. On Monday, speaking at an event in Rome on the 68th anniversary of the signing of the Treaty of Rome, Italian President Sergio Mattarella criticized the proposed U.S. tariffs, calling them “unacceptable to all.” RELATED: U.S.-EU Trade Tensions Deepen as Tariffs […]

Donald Trump’s erratic tariff threats are affecting stock market investors’ behavior. Ever since U.S. President Donald Trump walked into the Oval Office in late January, the term “tariff” has been tossed around, targeting key U.S. trading partners such as Canada, Mexico, Europe and China. RELATED: Donald Trump Reiterates Interest in Annexing Greenland During NATO Meeting […]

Donald Trump’s trade war is promoting political and business leaders across Europe to unite in advocating for free trade. Since the current U.S. administration took office in January, a wave of trade protectionism has swept through Europe, sending ripples of concern across industries. RELATED: Claudia Sheinbaum Stands Firm Against U.S. Tariffs and Defends Mexico’s Economic […]

President Trump believes that high tariffs on European alcoholic beverages will benefit U.S. industries. On Thursday, French Minister Delegate for Foreign Trade Laurent Saint-Martin said that his country will retaliate if the United States follows through on a threat to impose a 200-percent tariff on all wines and spirits coming from France and other European […]

Previously, Washington imposed a 25-percent tariff on all steel and aluminum imports. On Wednesday, the European Commission imposed retaliatory tariffs on 26 billion euros (US$28 billion) worth of U.S. goods from next month in response to U.S. tariffs of 25 percent on steel and aluminum imports. RELATED: U.S. To Impose 50% Tariffs on Canadian Steel […]