Evidence-based and policy-driven independent journalism. Tribuna Magazine offers accesible & interactive bilingual longform articles discussing relevant policy in the liberal and democratic world. Based in Costa Rica, we are: Costa Rica’s Link to the World.
All tagged Tariffs
British Steel has said US President Donald Trump's tariffs on the sector were partly to blame for the Scunthorpe plant's difficulties.
Beijing's retaliation sparked fresh market volatility, with stocks seesawing, gold prices surging and US government bonds under pressure.
"There's a wide range of countermeasures ," von der Leyen said, if talks yielded no result.
"Trade agreements are better than trade tariffs," said Costa, who heads the European Council representing EU states.
Beijing has consistently opposed tariff rises and said Wednesday it would take "firm and forceful" steps to protect its interests.
The impact of the announced tariffs on the Swiss economy remains difficult to assess, but Parmelin said "one should not expect Switzerland to go into recession".
The panic came after the US president unveiled a blitz of harsher-than-expected levies aimed at countries he said had been "ripping off" the United States for years.
But critics say US businesses and consumers could bear the burden if importers pass on the cost, adding that the policy could increase risks of a recession.
Trudeau said that President Donald Trump imposed tariffs on Canada to destroy the country's economy to make it easier for the United States to annex its northern neighbor.
Markets fell in Asia and Europe in response to what analysts said were the steepest tariffs on imports since the 1940s.
