Canadian Prime Minister Justin Trudeau said on Monday said Americans are beginning to wake up to the real reality that tariffs on everything from Canada would make life a lot more expensive" and said he will retaliate if Donald Trump goes ahead with them. Speaking at an event put on by the Halifax Chamber of Commerce, Trudeau also said dealing with Trump will be a little more challenging than the last time because Trump's team is coming in with a much clearer set of ideas of what they want to do right away than after his first election win in 2016. The US president-elect has threatened to impose a 25 per cent tax on all products entering the US from Canada and Mexico unless they stem the flow of migrants and drugs. Trump got elected on a commitment to make life better and more affordable for Americans, and I think people south of the border are beginning to wake up to the real reality that tariffs on everything from Canada would make life a lot more expensive," Trudeau said. On the
Trump has floated blanket tariffs of 10 per cent 20 per cent on virtually all imports
Justin Trudeau met US President-elect Donald Trump for dinner to discuss the Republican leader's proposed tariffs on Canada. Here's what reportedly happened at the meeting.
Walmart's sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at US companies that are re-evaluating the legal and political risks associated with bold programmes to bolster historically under-represented groups. The changes announced by the world's biggest retailer on Monday followed a string of legal victories by conservative groups that have filed an onslaught of lawsuits challenging corporate and federal programmes aimed at elevating minority and women-owned businesses and employees. The retreat from such programmes crystalised with the election of former President Donald Trump, whose administration is certain to make dismantling diversity, equity and inclusion (DEI) programmes a priority. Trump's incoming deputy chief of policy will be his former adviser Stephen Miller, who leads a group called America First Legal that has aggressively challenged corporate DEI policies. There has been a lot of reassessment of risk looking
At 11:52 AM, 12 of the 15 stocks in the Nifty Metal Index were trading in the green, while three remained in the red
US Congressman-elect Suhas Subramanyam has said he is opposed to imposing tariffs on India as it will lead to a trade war between the two countries. Subramanyam's comments came amid the likelihood of higher tariffs on Indian exports by the new Trump administration. I don't support (imposing) tariffs on India. I think that would be really bad. It would lead to a trade war. And I don't think it's good for either country, Subramanyam told PTI in an interview. Ahead of his election as US President, Donald Trump had taken a potshot at India's tariff structure and talked about imposing reciprocal tax on countries like China and India. With Trump set to assume charge as US president, there is a likelihood of higher tariffs on Indian exports. There's a lot of businesses that do really great work in India and a lot of Indian companies are expanding to the US. So the more our countries work together economically, the stronger we'll be, Subramanyam said. Getting ready to be sworn in as a me
Donald Trump on Wednesday trounced Kamala Harris to win the US presidency again. Here's what this means for India when it comes to defence and security, trade and foreign policy
As a sign of continuity at the US Federal Reserve (US Fed), however, Trump, reports suggest, wants Jerome Powell to continue till his term ends
The share of China in US aluminium imports fell from 9.36 per cent in 2017 to 4.52 per cent in the 12 months ending November 2022
Beijing and Washington have been embroiled in a 17-month trade war that has disrupted global grain flows, rattled markets and weighed on world economic growth
While Trump said in a speech that a phase-one trade deal was close, the market focused on his comments about raising tariffs on Chinese goods
The Trump administration last year imposed tariffs on imported steel and aluminum to shield US producers from overseas competition and protect jobs
Companies in sectors such as technology, clothing and footwear are exporting more goods from emerging giants including Vietnam and Malaysia
The report recommended a 25% customs duty on car imports from all countries except Canada and Mexico
Trump's rhetoric against cars made in Germany, Japan and Mexico was common on the campaign trail and continued early on in his presidency