logo
#

Latest news with #USGoods

Canada Says Most Tariffs on US Remain, Pushing Back on Oxford Report
Canada Says Most Tariffs on US Remain, Pushing Back on Oxford Report

Bloomberg

time18-05-2025

  • Business
  • Bloomberg

Canada Says Most Tariffs on US Remain, Pushing Back on Oxford Report

Canada's finance minister said the government kept 25% retaliatory tariffs on tens of billions of dollars in US goods, disputing a report from a research firm that suggested it had paused the vast majority of those levies. Francois-Philippe Champagne said 70% of the counter-tariffs implemented by Canada in March are still in place, according to a social media post Saturday. The government 'temporarily and publicly paused tariffs' on some items for health and public safety reasons, he said.

Canada's New Tariffs on US Drop to ‘Nearly Zero' With Exemptions, Oxford Says
Canada's New Tariffs on US Drop to ‘Nearly Zero' With Exemptions, Oxford Says

Bloomberg

time14-05-2025

  • Business
  • Bloomberg

Canada's New Tariffs on US Drop to ‘Nearly Zero' With Exemptions, Oxford Says

Canada has effectively suspended almost all of its retaliatory tariffs on US products, tamping down inflation risks and improving its growth outlook, according to Oxford Economics. The government imposed new import taxes of 25% on about C$60 billion ($43 billion) of US-made goods in March in response to the first round of tariffs from the Trump administration. Canada also retaliated against US auto tariffs in early April by putting its own levies on US vehicles.

What's next with Trump's trade war truce with China
What's next with Trump's trade war truce with China

Washington Post

time12-05-2025

  • Business
  • Washington Post

What's next with Trump's trade war truce with China

WASHINGTON — President Donald Trump's agreement with China to temporarily slash tariffs for 90 days offered the world a bit of welcome relief. But what persists is a sense of uncertainty and the possibility that some damage from the trade war could already be done. The Trump administration agreed after talks this weekend in Switzerland to pare back its 145% in tariffs charged on imports from China to 30%. The Chinese government chose to reduce its retaliatory import taxes on U.S. goods from 125% to 10% while the sides continue to negotiate.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store