Global Tariffs - LeadStory

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Trump hits Beijing with additional 100% tariffs in new rift

The U.S. will slap an additional 100% tariff on imports from China and impose export controls on all critical U.S.-made software from November 1, President Donald Trump said.

Reuters

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EU plans higher tariffs to save European steelworkers' jobs

For years, the European Commission was a strong advocate of free trade and low tariffs — at least when it came to industrial goods. But now, Brussels is shifting course and wants to increase tariffs on steel imports from around the world.

DW News

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Why Trump's tariffs threaten livelihoods of French winemakers

In France's Alsace region, wine is more than a drink. It’s history, identity, and tradition which are all on the line now as the trade dispute between the U.S. and Europe intensifies.

DW News

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Steel and aluminum tariffs drive up costs for everyday fasteners

Steel and aluminum tariffs are driving up costs for screws, nails and bolts by 30-50%, impacting construction projects and consumer goods prices.

Scripps News

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Trump promises trade fairness for Canada during Carney's visit

U.S. President Donald Trump welcomed Canadian Prime Minister Mark Carney to the White House, where he promised to treat Canada fairly in trade talks, but was less committed to a continental trade deal that also includes Mexico.

Reuters

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Trump: We will treat Canada fairly on trade

CNBC's Eamon Javers reports on the meeting between U.S. President Donald Trump and Canadian Prime Minister Mark Carney in the Oval Office.

CNBC

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Trump imposing new 25% tariff on large trucks starting Nov. 1

President Donald Trump said Monday that all medium- and heavy-duty trucks imported into the United States will face a 25% tariff rate starting November 1, a significant escalation of his effort to protect U.S. companies from foreign comp...

Reuters

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Canada's Carney set for second Trump trade meeting

Canadian Prime Minister Mark Carney tried to avoid setting expectations too high ahead of another meeting with U.S. President Donald Trump in Washington, but the possibility of relief for Canada’s steel industry has brought a dash of opt...

CBC News

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President Trump ramps up tariffs on pasta and copper

The White House is ramping up tariffs again and this time your favorite pasta product could get caught in the crossfire. A separate tax on copper imports is already being felt.

Fox News

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U.S. spirit exports plunge amid trade tensions

A recent report from the Distilled Spirits Council of the U.S. reveals a 9% decline in American liquor exports during the second quarter, largely attributed to ongoing trade tensions.

CNBC

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Carney’s Washington trip could yield steel, aluminum breakthrough

As Canadian Prime Minister Mark Carney prepares to meet U.S. President Donald Trump in Washington, sources say there is optimism over potential progress on steel and aluminum tariffs. However, concerns remain over possible new tariffs on...

CBC Canada

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Trump's tariffs crushing India's frozen shrimp industry

The U.S. was India's top export market for shrimp, but 50 per cent export tariffs brought in by the Trump administration have seriously hurt the industry. Some farmers have faced price cuts of almost 40 per cent on their catch.

CBC News

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Farm bankruptcies surging amid U.S.-China trade war

This week, President Trump is expected to announce billions of dollars in aid for the nation's farmers. Many are in financial crisis and may be forced to sell their crops at steep losses this year as China, once the largest buyer of the ...

CBS News

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Carney returning to Washington as tariffs punish some industries

Prime Minister Mark Carney is planning to travel to D.C. next week. His office says he will meet with U.S. President Donald Trump, just days after Trump once again said Canada should become a 51st state, and as U.S. tariffs continue to h...

CBC Canada

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Ohio farmers take the brunt of China's ban on U.S. soybeans

Ohio farmers are dealing with the impact after China turned its back on U.S. soybeans in the ongoing tariff war.

Scripps Local

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South African winemakers hit by U.S. trade act expiry, tariff jump

The expiration of the African Growth and Opportunity Act (AGOA), a key U.S. trade initiative with African nations including South Africa, is threatening the country's wine industry's access to the U.S. market, raising fears that even a p...

Reuters

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Trump explores bailout of at least $10 billion for U.S. farmers

President Trump is reportedly exploring a bailout of at least $10 billion to help U.S. farmers affected by tariffs. CNBC's Eamon Javers reports on news from the White House.

CNBC

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Taiwan rejects U.S. proposal for ’50-50′ chip production

CNBC's Kristina Partsinevelos reports on U.S. Commerce Secretary Howard Lutnick's recent proposal that Taiwan make 50% of the chips U.S. needs locally and Taiwan is reportedly rejecting the idea.

CNBC

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U.S. soybean farmers are hurting as China halts purchases

American soybean farmers are facing a tough hit as China is now turning to Argentina for soybeans as it remains in a trade dispute with the U.S. Alex Cohen has more.

Reuters

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LeBlanc: Canada not dropping supply management in U.S. trade talks

After reports in the Globe and Mail that Canada was considering allowing more retail access for U.S. dairy as a potential concession in trade talks with the U.S., Trade Minister Dominic LeBlanc reaffirmed to farmers that the supply manag...

CBC Canada

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U.S. tariffs spark layoffs in South Africa’s auto sector

New US tariffs and the expiration of a key trade deal threaten thousands of auto jobs in South Africa’s Eastern Cape province.

Al Jazeera

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Trump says U.S. to impose 100% tariff on movies produced overseas

President Donald Trump said he would impose a 100% tariff on all films produced overseas that are then sent into the U.S., repeating a threat made in May that would upend Hollywood's global business model.

Reuters

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South Korea can't afford Trump tariff deal

South Korea is "realistically" unable to pay $350 billion upfront in investment in the United States as President Donald Trump suggested under a deal to cut tariffs and is seeking an alternative solution, Seoul's presidential adviser has...

Reuters

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Breaking down Trump’s TikTok deal

U.S President Donald Trump has signed an executive order outlining the terms of a deal to sell TikTok’s American operation to a group of stateside investors. CBC’s Ashley Fraser breaks down the deal and what it could mean for the social ...

CBC News

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Explaining new tariffs on pharmaceuticals, furniture and more

President Trump announced that the U.S. would impose a new round of tariffs, including a 100% tariff on pharmaceutical drugs, a 30% tariff on upholstered furniture, a 50% tariff on kitchen cabinets and bathroom vanities, and a 30% tariff...

CBS News

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European drugmakers' shares hold firm, despite Trump tariffs

European pharmaceutical companies' shares were mostly firm on Friday (September 26), despite U.S. President Donald Trump announcing new tariffs on branded pharmaceutical imports from October 1.

Reuters

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U.S. to impose new tariffs on pharmaceuticals, some furniture, trucks

U.S. President Donald Trump announced on Thursday new tariffs set to take effect next Wednesday, including a 100% tariff on pharmaceutical drugs. There will also be tariffs on a broad range of imported goods, such as kitchen cabinets, so...

CBS News

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Why U.S. punitive tariffs put Switzerland under pressure

US President Trump has imposed punitive tariffs of 39 percent on Switzerland, dealing a serious blow to the Alpine country’s economy. But the Swiss are getting creative.

DW News

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Botswana seeks alternative markets as U.S. tariffs erode exports

Officials say talks with China and opportunities under the African Continental Free Trade Area could cushion the blow, while domestic reforms are underway to attract investment and broaden the country’s economic base.

Africanews

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Trump slaps fresh tariffs on heavy trucks, drugs and furniture

President Donald Trump unleashed a fresh round of punishing tariffs on a broad range of imported goods, saying the U.S. will impose 100% duties on branded drugs and 25% tariffs on heavy-duty trucks, among other import tariffs, starting n...

Reuters