World Markets Wait In Fear For Trump’s ‘Liberation Day’ Tariffs

[ad_1] Washington: Markets worldwide fluctuated on Tuesday as investors braced for US President Donald Trump’s sweeping “Liberation Day” tariff announcements, hoping they would free businesses from the trade-policy uncertainty that has weighed on markets for weeks. President Trump is set to unveil “reciprocal tariffs”, aligning US duties with those of other nations, on Wednesday afternoon…

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Trump’s Tariffs To Be Effective Immediately After Announcement: White House

[ad_1] Washington: US President Donald Trump’s raft of “Liberation Day” tariffs will take effect immediately after he unveils them on Wednesday, White House Press Secretary Karoline Leavitt said. “My understanding is that the tariff announcement will come tomorrow, they will be effective immediately,” Leavitt told reporters on Tuesday, adding she had just spoken to Trump…

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China, Japan, South Korea To Jointly Respond To US Tariffs: Report

[ad_1] Beijing: China, Japan and South Korea agreed to jointly respond to US tariffs, a social media account affiliated with Chinese state broadcaster CCTV said on Monday. The comments came after the three countries held their first economic dialogue in five years on Sunday, seeking to facilitate regional trade as the Asian export powers brace…

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Canada Dubs Trump Auto Tariffs “Direct Attack”

[ad_1] Montreal, Canada: Canadian Prime Minister Mark Carney reacted with anger Wednesday to US President Donald Trump’s imposition of import tariffs on cars, branding it a “direct attack” on his country’s workers. “We will defend our workers. We’ll defend our companies. We’ll defend our country. And we’ll defend it together,” said Carney, who has made…

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EU Condemns Trump Auto Tariffs

[ad_1] European Union chief Ursula von der Leyen said that EU would “continue to seek negotiated solutions”. Brussels: EU chief Ursula von der Leyen on Wednesday condemned US President Donald Trump’s announcement of a new 25-percent tariff on all auto imports, ratcheting up transatlantic trade tension. “I deeply regret the US decision to impose tariffs…

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Trump To Announce Auto Tariffs Soon: White House

[ad_1] Washington: US President Donald Trump will announce tariffs on auto imports to the country Wednesday, the White House said in a move set to fuel tensions with trading partners ahead of further promised levies next week. Since returning to the presidency in January, Trump has already imposed tariffs on major US trading partners Canada,…

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Donald Trump Says He Has “No Intention” Of Easing Steel, Aluminum Tariffs

[ad_1] Since January, Donald Trump has imposed levies on multiple trading partners and imports. Washington, United States: US President Donald Trump said Sunday he had “no intention” to ease steel and aluminum tariffs as Washington edges towards an all-out trade war with major partners. Since January, Trump has imposed levies on multiple trading partners and…

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French PM Defies Trump Tariffs

[ad_1] Paris: France’s Prime Minister Francois Bayrou said Thursday that EU countries “will not yield” to US President Donald Trump’s “threats” of steep tariffs on wine and champagne imports. “It is important for us Europeans to show who we are and that we will not yield to these kinds of threats,” Bayrou said in an…

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Canada Launches WTO Complaint On US Steel, Aluminium Tariffs

[ad_1] Ottawa: Canada launched a complaint with the World Trade Organization on Thursday over US President Donald Trump’s across-the-board imposition of 25-percent tariffs on steel and aluminium imports. The steep levies, which came into force on Wednesday, contained no exemptions despite countries’ efforts to avert them. “Canada has requested WTO dispute consultations with the United…

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