The prospect of imminent U.S. tariffs on Mexico and Canada could should prevent the dollar from extending its recent falls much further, ING said, adding that investors are probably reasonably comfortable holding long-dollar positions and that the DXY dollar index could rise back toward 108.
American consumers will soon be paying more, economists predict in response to Trump's new proposed tariffs on goods from China, Mexico, and Canada.
The refreshed version comes ahead of a widely anticipated launch of a cheaper model in the first half of 2025.
Trump said in an Oval Office signing ceremony on Monday that his administration will impose a 25% tax on goods from Canada and Mexico that may come as soon as February 1 – a move that could raise prices for American consumers.
President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday remarks to the World Economic Forum in Davos. He also delivered a smattering of other misstatements and exaggerations about trade,
Trump underscored his intention to use tariffs as a tool of international economic policy and an increasingly vital source of government revenue.
President Donald Trump promised tax cuts for U.S.-based manufacturing and threatened tariffs on those who didn’t comply.
As President Trump entered his second term, the trade war he started with China and which former President Biden kept in place suggests taming the deficit to
In early 2020, Lili Wu was already "armed to the teeth" whenever she ventured to public places near her home in Port Coquitlam, B.C. — face mask, sanitizer, protective eyewear and gloves.
In a fresh analysis, the Central Intelligence Agency (CIA) said it believes that the Covid-19 virus ‘more likely’ leaked from a Chinese lab than transmitted by animals. The US intelligence agency has released the ’low confidence’ assessment under Trump-appointed CIA director John Ratcliffe,
Momentum is growing among President Trump’s advisers to place 25% tariffs on Mexico and Canada as soon as Saturday, bucking conventional wisdom in Washington and on Wall Street that he would back off the threatened levies as he has in the past in exchange for concessions.