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Items tagged with: InternationalTradeandWorldMarket
Europe Delays Tariffs on U.S. Whiskey and Other Goods
The European trade commissioner said U.S. officials want to start negotiating only after a fresh set of Trump administration tariffs takes effect on April 2.Jeanna Smialek (The New York Times)
Doug Ford Defends Canada as He Steps Up to Take On Trump
Doug Ford, the premier of Ontario, is reinventing himself as one of Canada’s staunchest defenders against President Trump’s economic and sovereignty threats.Vjosa Isai (The New York Times)
Fear of Trump’s Tariffs Ripples Through France’s Champagne Region
French Champagne producers do nearly a billion dollars’ worth of business with the United States every year. But on Friday in Épernay, the world capital of sparkling wine, the only number on anybody’s lips was 200.BYTESEU (Bytes Europe)
Trump’s Trade War Will Slow Global Economic Growth, OECD Says
The growing trade war and rapid policy shifts are expected to drag down economic growth in the United States and around the world, according to projections released on Monday.BYTESEU (Bytes Europe)
How Trump’s Crackdown Is Drastically Driving Down Migration
Building on Biden-era policies, President Trump is strong-arming regional leaders, deploying military force and shredding decades of precedents when it comes to the U.S.-Mexico border.Simon Romero (The New York Times)
G7 Foreign Ministers Agree on Ukraine Policy Amid Tensions Over Trump Tariffs
Despite high tensions between the Trump administration and some of America’s closest allies over tariffs and Ukraine, foreign ministers from the Group of 7 industrialized democracies who were meeting this week in Canada forged common ground in a comm…BYTESEU (Bytes Europe)
Mark Carney Becomes Canada’s Prime Minister at Crucial Moment
Mark Carney, a central banker turned politician, steps into his role at a crucial moment as President Trump sets his sights on Canada’s sovereignty and keeps threatening more tariffs.Vjosa Isai (The New York Times)
Trump Tariffs Leave No Country Room for Exemptions, U.S. Tells Canada
In talks aimed at finding common ground on tariffs, Canadian officials were told April 2 will be a crucial day in setting the Trump tariff doctrine, and any relief could come later.Matina Stevis-Gridneff (The New York Times)
Challenged by Trump, Trudeau Rallies Canada as He Leaves Office
After nearly a decade in power, Justin Trudeau steps down on Friday as prime minister amid a trade war and President Trump’s stated desire to annex Canada.Ian Austen (The New York Times)
Europe Retaliates Against Trump’s Tariffs as Trade Fight Widens
European Union leaders have been clear that they want to negotiate with the United States on trade to avoid a full-blown conflict.BYTESEU (Bytes Europe)
Trump’s Big Bet: Americans Will Tolerate Economic Downturn to Restore Manufacturing
President Trump’s simultaneous trade wars with Canada, Mexico, China and the European Union amount to a huge economic and political gamble: that Americans will endure months or years of economic pain in return for the distant hope of re-industrializi…BYTESEU (Bytes Europe)
Europe Expected a Transactional Trump. It Got Something Else.
Europe had been banking on a United States that wanted to make a deal on tariffs and trade. With little progress in that direction, it’s reluctantly starting to hit back.Jeanna Smialek (The New York Times)
Stocks Fall Further on Trump’s Latest Tariff Talk
Markets whipsawed on Tuesday, as investors puzzled through President Trump’s commitment to tariffs, with stocks dropping in early trading before recovering late in the day.The S&P 500 index fell 1.BYTESEU (Bytes Europe)
Stocks Pare Losses After Trump’s Moves and Comments Rattled Investors
Markets were rattled again on Tuesday, as investors puzzled through President Trump’s commitment to tariffs and the potential economic fallout.The latest blow came after Mr. Trump made new threats of steep tariffs against Canada.BYTESEU (Bytes Europe)
Trump Promised Americans Booming Wealth. Now He’s Changing His Tune.
Follow live updates on the Trump administration and global markets.As a presidential candidate, Donald J. Trump promised an economic “boom like no other.”But eight weeks into his presidency, Mr.BYTESEU (Bytes Europe)
Stocks Drop as Recession Fears Surface
Stock markets fell further on Monday as investors around the world worried about the health of the American economy and businesses braced for the destabilizing effects of tariffs on global trade.BYTESEU (Bytes Europe)
Opinion | This Is Who Loses in a Trade War
For decades, the rest of the world, especially China and countries in Europe, have produced much more than they have consumed, selling goods to America in exchange for an ever-growing pile of U.S. dollars.BYTESEU (Bytes Europe)
China Says It Will ‘Resolutely Counter’ U.S. Tariff Pressure
China’s top diplomat, Wang Yi, cast his country as a bulwark for peace and stability in a world thrown into chaos by the Trump administration.BYTESEU (Bytes Europe)
Mark Carney to Be the Next Prime Minister of Canada
The prominent central banker and investor was chosen in a crucial leadership race amid threats from President Trump. He is expected to quickly call a federal election.Matina Stevis-Gridneff (The New York Times)
Mark Carney to Be the Next Prime Minister of Canada
The prominent central banker and investor was chosen in a crucial leadership race amid threats from President Trump. He is expected to quickly call a federal election.Matina Stevis-Gridneff (The New York Times)
Trump Suspends Mexico and Canada Tariffs on USMCA Goods for a Month
Two days after imposing sweeping tariffs on Canada and Mexico, President Trump on Thursday abruptly suspended many of those levies, sowing confusion with investors and businesses that depend on trade with the countries.BYTESEU (Bytes Europe)
Canada’s Liberal Party To Elect New Leader and Prime Minister to Replace Trudeau: What to Know
Front-runner Mark Carney and underdog Chrystia Freeland, both established, centrist policymakers, are vying to succeed Justin Trudeau amid grave threats to Canada from the United States.Matina Stevis-Gridneff (The New York Times)
China Says It Will ‘Resolutely Counter’ U.S. Tariff Pressure
China’s top foreign affairs official, Wang Yi, accused the United States of being ‘two-faced’ in its approach to Beijing.David Pierson (The New York Times)
Will Canadians Warm Up to Mark Carney, the Liberal Party Front-Runner Eyeing Trudeau’s Job?
Mark Carney has pitched himself as the fix-it man who can set Canada back on track. As he seeks to lead the Liberal Party, the country’s biggest challenge may be President Trump.Vjosa Isai (The New York Times)
How Trump’s ’51st State’ Canada Talk Came to Be Seen as Deadly Serious
President Trump, in an early February call, challenged the border treaty between the two countries and told Justin Trudeau he didn’t like their shared water agreements.Matina Stevis-Gridneff (The New York Times)
Chrystia Freeland Eyes Justin Trudeau’s Job as Canada’s Liberal Party Leader
Ms. Freeland is vying to become Canada’s next Liberal Party leader and prime minister on Sunday. Her chances could hinge on whether voters consider President Trump’s dislike of her an asset.Matina Stevis-Gridneff (The New York Times)
As U.S. Tariffs Become Reality, Canadians Prepare for Economic Pain
An expert in the automotive industry says factories may shut down in days as costs skyrocket and President Trump disrupts decades of economic integration with steep tariffs.Ian Austen (The New York Times)
In Face of Trump Tariffs, Mexico Embraces Nationalism
Before the tariffs went into effect, approval ratings for President Claudia Sheinbaum rose and companies began marketing “Made in Mexico” products.James Wagner (The New York Times)
How Trump’s Canada Tariffs Could Impact Both the U.S. and Canada
President Trump’s plan to apply 25 percent tariffs on Canadian exports is set to start on Tuesday. They would deal a brutal blow to Canada’s economy.Ian Austen (The New York Times)
Mexico’s Response to Trump’s Tariffs: Troops, Cartels and China
Aiming to appease President Trump, Mexico is hitting China with tariffs, handing cartel leaders over to the United States and using C.I.A. intelligence to hunt down others.Simon Romero (The New York Times)