Asia markets slump as Trump’s new trade war rattles global confidence
Asia markets slumped on Monday after Donald Trump slapped tariffs on Canada, Mexico and China, sparking fears of another bruising ‘America First’ trade war that could hit global growth. Japan’s Nikkei plunged more than two percent at one point on Monday and Hong Kong’s Hang Seng was down more than one percent.
Trump says Americans may feel 'pain' in trade war with Mexico, Canada, China
President Donald Trump said the sweeping tariffs that he has imposed on Mexico, Canada and China may cause "short term" pain for Americans as global markets reflected concerns the levies could undermine growth and reignite inflation.
Trump’s Trade War with Canada, Mexico and China Will Drive Up Expenses
President Trump’s move to place tariffs on imports from Canada, Mexico and China has triggered a trade war. WSJ’s economics reporter Jeanne Whalen explains how the tariffs can drive up prices for consumers.
The Trump trade war begins
Donald Trump hit Canada, Mexico and China with steep tariffs on Saturday, and oil and gas groups are relying more heavily on carbon offsets to reach climate targets. Plus, EU governments are exploring ways to include the UK and Norway in a “coalition of the willing” dedicated to ramping up the continent’s defence.
Trump's trade war salvo jolts markets
Investors bought dollars, sold stocks and fretted about inflation on Monday in a scramble to assess the risk of trade war after Donald Trump put tariffs on top U.S. trading partners.
Trade War Heats Up After Trump Orders Tariffs and Canada Retaliates
Amid warnings of price increases, Canada moved quickly to retaliate, China said it had planned countermeasures and Mexico said it would soon unveil its response.
Trump's trade war among allies triggers retaliation from Canada and Mexico
Canada and Mexico ordered retaliatory tariffs on American goods in response to sweeping tariffs imposed by President Donald Trump, and businesses and consumers in both countries questioned Sunday how the new trade war might affect them.
FirstFT: Trump faces backlash from business after launching trade war
Donald Trump faced a backlash from business groups and some in his own Republican party after kicking off a trade war against three of the US’s largest trading partners.
Trump tariffs likely to spark trade war
President Donald Trump said Sunday that Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China, and claimed that Canada would “cease to exist” without its trade surplus with the United States.
Trump puts tariffs on Canada, Mexico and China, spurring trade war as North American allies respond
President Donald Trump has signed an order to impose stiff tariffs on imports from Mexico, Canada and China, drawing swift retaliation from the U.S.’s North American neighbors in an emerging trade war.
Trump launches a baffling trade war against Canada and Mexico
Trump knows the United States has more leverage over its neighbors than they do over his country. But exploiting that position of strength could cause a historic rupture.
Trump says Americans could feel ‘some pain’ from his new tariffs that triggered a trade war
President Trump says Americans could feel 'some pain' from the emerging trade war he triggered with tariffs against Canada, ...
The stage is set for the most significant trade war since the 1930s: Researcher
Stephen Olson of the ISEAS-Yusof Ishak Institute and a member of the NAFTA negotiation team for the U.S. Department of ...