Tag - tariffs

 
 

TARIFFS

U.S. President Donald Trump has in recent days rolled out a memorandum telling a key government committee to curb Chinese spending on tech, energy and other strategic American sectors.
BUSINESS / Economy
Feb 24, 2025
Trump targets China with biggest salvo so far in second term
In recent days, U.S. President Donald Trump has rolled out a memorandum telling a key government committee to curb Chinese spending on tech, energy and other strategic sectors.
Goods are transported through a business district in Dongguan, in China’s southern Guangdong province.
BUSINESS / Economy / FOCUS
Feb 24, 2025
Trump tariffs shake up China's factory heartland
The U.S. president has targeted friend and foe alike since taking office a month ago, notably slapping additional 10% duties on products imported from China.
An electric vehicle factory in Rayong, Thailand. Asian countries are among the most vulnerable to President Donald Trump's economic grievances — but also well-placed to make deals to minimize their exposure.
BUSINESS / Markets
Feb 22, 2025
How Trump’s tariffs could reorder Asia trade and exclude the U.S.
Asian countries are among the most vulnerable to Trump's economic grievances — but also well-placed to make deals to minimize their exposure.
Chief Cabinet Secretary Yoshimasa Hayashi said on Wednesday that the Japanese government has raised the issue of auto tariffs with the U.S. government, given the importance of Japan’s automobile industry.
BUSINESS / Economy
Feb 19, 2025
Japan raises auto tariff issue with U.S. as Trump threatens hike
The U.S. president's threat to impose a 25% levy on car imports would likely deliver a big blow to Japan’s economy.
After U.S. President Donald Trump said he plans to impose tariffs of 25% on automobile imports to the United States, Japanese automakers are cautiously looking for ways to handle the situation.
BUSINESS / Companies
Feb 19, 2025
Major Japanese automakers wary of Trump tariffs
The U.S. president says he plans to impose tariffs of 25% on automobile imports to the U.S., though he has not said which countries would be subject to them.
Vehicles bound for shipment at a port in Yokohama. Japan's auto exports to the United States surged 21.8% in January as U.S. President Donald Trump's tariff threats continued to mount.
BUSINESS / Economy
Feb 19, 2025
Japan’s exports rise again ahead of Trump’s tariff measures
Exports measured by value increased 7.2% from a year earlier, led by shipments of cars and ships.
Newly manufactured cars ready for shipping. U.S. President Donald Trump said he is likely to impose new 25% tariffs on imported cars, semiconductors and pharmaceuticals in the coming months.
BUSINESS / Markets
Feb 19, 2025
Trump floats 25% tariffs on U.S. auto, drug and chip imports
The U.S. president has also threatened other streams of tariffs, all part of an effort to reconfigure the country's trading relationships across the globe.
Canada faces a tough decision on how to respond to U.S. President Donald Trump's economic threats, particularly regarding energy exports, with options ranging from strategic energy cuts to export taxes.
COMMENTARY / World
Feb 18, 2025
Weaponizing Canadian oil would rattle Trump
Reducing crude output has the potential to inflict real pain on U.S. refiners and consumers.
Edmonton Oilers forward Connor McDavid (97) and Detroit Red Wings defenseman Moritz Seider (53) battle along the boards for a loose puck during a game in  Edmonton, Alberta, on Jan. 30.
COMMENTARY / World
Feb 16, 2025
The NHL could’ve had a good year if not for tariffs
In 2016, the league denied an expansion franchise to Quebec, citing the "state and volatility of the Canadian dollar.”
Group of Seven top diplomats, including Foreign Minister Takeshi Iwaya (second from left) and U.S. Secretary of State Marco Rubio (right), meet on the sidelines of the Munich Security Conference in the German city on Saturday.
BUSINESS / Economy
Feb 16, 2025
Japanese FM asks U.S. counterpart to exempt Tokyo from Trump tariffs
The foreign minister also said that he had broached the issue of Trump’s planned tariffs on automobiles imported to the U.S.
Steelworks of South Korea's largest steelmaker POSCO are seen over a residential area in Pohang on Feb. 13. Smoke billows from chimneys as factories churn in South Korea's steelmaking heartland, now under threat from Washington's new tariffs on the port city's largest export.
BUSINESS / Economy / FOCUS
Feb 16, 2025
Trump tariffs loom large in South Korea's 'steel city'
South Korea was the fourth largest exporter of the metal to the United States last year, accounting for 13% of its total steel imports.
U.S. President Donald Trump and Indian Prime Minister Narendra Modi embrace as they attend a joint press conference at the White House on Thursday. While the leaders emphasized close ties, mounting trade tensions overshadowed the meeting.
COMMENTARY / World
Feb 15, 2025
Despite the hugs, Trump-Modi meeting was mostly transactional
The Modi-Trump bromance was on full display at the White House summit, but substantive issues where India and the U.S. diverge, including trade, lurked nearby.
Chinese Foreign Minister Wang Yi speaks during the Munich Security Conference in the German city on Friday.
ASIA PACIFIC / Politics
Feb 15, 2025
China will have to hit back at U.S. ‘bullying,’ Beijing's top diplomat says
Still, Foreign Minister Wang Yi sought to take a broader view of relations, expressing confidence that the two countries will remain engaged long into the future.
U.S. President Donald Trump signs an executive order in the Oval Office of the White House in Washington on Friday.
BUSINESS / Economy
Feb 15, 2025
Trump says new tariffs on autos coming around April 2
The auto threat offers to put some of the biggest brands in Japan, Germany and South Korea in Trump’s crosshairs.
Vehicles bound for shipment at a port in Yokohama. Last year, auto and auto parts made up a third of Japan’s shipments to the United States.
BUSINESS
Feb 14, 2025
Japan begins talks with U.S. to sound out Trump tariff specifics
Trump has singled out Japan and South Korea as nations he believes are taking advantage of the U.S., according to a White House official.
Howard Lutnick (right), chief executive officer of Cantor Fitzgerald and U.S. commerce secretary nominee for U.S. President Donald Trump, watches as Trump displays a signed executive order in the Oval Office of the White House in Washington on Thursday.
BUSINESS / Markets
Feb 14, 2025
Trump moves to impose reciprocal tariffs as soon as April
Fresh import taxes would be customized for each country, meant to offset not just their own levies on U.S. goods, but also other factors that act to limit U.S. trade.
Susan Holt, New Brunswick’s premier, speaks during a news conference in Washington on Wednesday.
BUSINESS
Feb 13, 2025
Canada’s 13 premiers descend on Washington to play the China card
For the first time, all 13 of the country’s premiers were in Washington together, lobbying Republican lawmakers against President Donald Trump’s proposed import taxes.
Cargo ships full of shipping containers are seen at the port of Oakland, California, on Feb. 3 as trade tensions escalate over U.S. tariffs
BUSINESS / Economy
Feb 13, 2025
Trump says he will sign reciprocal tariffs order soon, as trade war fears mount
Trump's latest round of market-rattling tariffs comes as Indian Prime Minister Narendra Modi is due to visit the White House on Thursday.
A monitor in Tokyo shows the yen at the ¥153 level against the dollar on Wednesday.
BUSINESS / Markets
Feb 12, 2025
Yen underperforms major currencies on Trump tariff uncertainties
Japan’s currency has dropped to ¥153.73 against the dollar, its weakest level in a week and lagging all major peers.
U.S. President Donald Trump signs executive orders, including two official proclamations that will impose a 25% tariff on steel and aluminum from all countries globally, in the Oval Office of the White House in Washington on Monday.
BUSINESS / Economy
Feb 12, 2025
Japan asks for exemption from Trump's steel and aluminum tariffs
Officials in Tokyo said the government will closely examine the impact of U.S. measures on Japanese companies and will take necessary actions.

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