retaliatory tariffs News

Escalating US-China Trade War Triggers a 3% Plunge in Oil Prices

Crude oil prices dropped over 3% as US-China trade tensions escalate, with Chinese retaliatory tariffs raising concerns over global demand. WTI and Brent crude both experienced sig...

China Escalates Trade War with US, Raising Retaliatory Tariffs to 84% Starting This Thursday

China escalates the trade war by increasing retaliatory tariffs on the US to 84%, effective this Thursday. The move responds to US tariffs and has shaken global markets, raising fe...

Dow Plummets 2,200 Points: Global Recession Fears Intensify Amid US-China Trade War

Major US stock indexes closed sharply lower amid fears of a global recession, exacerbated by China's retaliatory tariffs on US goods. The Dow Jones fell by 2,231 points, with signi...

Euro Surges Dramatically Against Australian Dollar: A 5-Year Peak Amid Global Trade Tensions

The euro soared to a five-year high against the Australian dollar following the announcement of retaliatory tariffs by former US President Donald Trump, affecting global trade and ...

Euro Surges 3% Against Australian Dollar, Reaching a Stunning 5-Year Peak Amid Global Trade Tensions

The euro soared to a five-year high against the Australian dollar following US President Donald Trump's announcement of retaliatory tariffs, causing global trade concerns and stock...

French Economy Minister Criticizes US Tariffs as Harmful to Global Trade Relations

France's Economy Minister Eric Lombard criticizes US tariffs on European automakers as harmful, urging cooperation over confrontation. The EU prepares retaliatory measures, hoping ...

Canada Strikes Back: Imposes Retaliatory Tariffs on US Goods Amid Trade Tensions

Canada has announced retaliatory tariffs on $20.7 billion worth of US goods, including steel and aluminum, in response to US trade measures. Canadian Foreign Minister Melanie Joly ...

Canada Strikes Back: Announces Counter Tariffs on US Goods Amid Trade Tensions

Canada has announced retaliatory tariffs on US goods in response to the Trump administration's tariffs, escalating trade tensions and potentially impacting the strong economic rela...

EU Strikes Back: Imposes 26 Billion Euros in Retaliatory Tariffs on U.S. Goods Starting April

The European Union has announced retaliatory tariffs on U.S. goods worth 26 billion euros, responding to U.S. tariffs on steel and aluminum. This move aims to protect European indu...

Amid Rising Tariff Tensions, Asian Markets Show Mixed Signals

Asian markets reacted variably to ongoing trade tensions and tariff policies, with some indices showing gains while others experienced significant losses. The situation is further ...

US Tariff Suspension on Canada Leads to Delayed Retaliatory Measures: A Closer Look

The Trump administration's suspension of tariffs on Canada has led to a delay in Canada's retaliatory measures. Canada postpones additional tariffs until April 2, while maintaining...

Wall Street Rises as Investors Await Trump's Tariff Announcement

Wall Street stock markets opened higher as investors awaited President Trump's announcement on retaliatory tariffs. The Dow Jones, Nasdaq 100, and S&P 500 all saw increases, with n...

North American Spirits Industry Calls for Dialogue Amid Rising US Tariffs

The North American spirits industry is urging for constructive dialogue to address concerns over new US tariffs on imported spirits from Canada and Mexico, fearing significant harm...

North American Spirits Industry Calls for Dialogue Amid Rising US Tariffs

The North American spirits industry voices concerns over US tariffs on imports from Canada and Mexico, calling for dialogue to prevent harm to the industry. The White House's recen...

North American Spirits Industry Calls for Dialogue Amid Rising Tariffs

The North American spirits industry is facing challenges due to new US tariffs on imports from Canada and Mexico. Industry leaders are calling for dialogue to avoid retaliatory tar...