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- US Tariffs Spark International Trade Tensions and Market Volatility
US Tariffs Spark International Trade Tensions and Market Volatility
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US President Donald Trump's tariffs on Canadian and Mexican goods have taken effect, sparking fears of a global trade war.
IF COMPANIES MOVE TO THE UNITED STATES, THERE ARE NOT TARIFFS!!!
They're going to have to have a tariff. So, what they have to do is build their car plants — frankly — and other things in the United States, in which case they have no tariffs.
They've done a nice job on the border, but they haven't stopped the flow of fentanyl.
There is no reason, justification, or excuse that supports this decision that will affect our people and nations. We have said it in various ways: cooperation and coordination, yes; subordination and interventionism, no. Mexico deserves respect.
I want to make it clear today that we will always seek a negotiated solution as we have proposed within the framework of respect for our sovereignty.
I call upon the people of Mexico, all of you, to face this challenge together, to stay united.
I reiterate: it is time to defend Mexico and its sovereignty. We must stay alert and calm. Cool heads.
Tariffs will disrupt an incredibly successful trading relationship.
There's a level of unpredictability and chaos that comes out of the Oval Office, and we will be dealing with it.
China opposes this move and will do what is necessary to firmly safeguard its legitimate interests.
Those are categories where we'll try to protect pricing, but the consumer will likely see price increases over the next couple of days.
We expect our vendors across our entire assortment will pass along some level of tariff costs to retailers, making price increases for American consumers highly likely.
Trump's tariffs
- Trump threatens 50% tariffs on EU and 25% on iPhones if not made in the US
- Donald Trump Orders Retailers to Absorb Tariffs, Rules Out Price Hikes for Consumers
- Donald Trump Announces 90-Day Tariff Reduction with China
sources
- 1.The Guardian
- 2.The Washington Post
- 3.The Times of India
- 4.The New York Times
- 5.ABC News (Australia)
- 6.Al Jazeera
- 7.BBC
- 8.CNN
- 9.Le Monde
- 10.CTV News
- 11.CNA News
- 12.France 24
perspectives
- 1.US under Donald Trump
- 2.Chinese Foreign Policy
- 3.US-China Relations
- 4.Immigration to the US
- 5.US Economy
- 6.Inflation
- 7.Trade Agreement
- 8.World Economy
- 9.US-India relations
- 10.Mexico under Claudia Sheinbaum
- 11.US-EU relations
- 12.United States–Mexico–Canada Agreement
countries
- 1.China
- 2.Canada
- 3.Mexico
- 4.United States
- 5.Ukraine
- 6.Germany
- 7.Hong Kong
- 8.Japan
- 9.Argentina
- 10.Australia
- 11.Brazil
- 12.France
organizations
- 1.White House
- 2.US Food and Drug Administration
- 3.US Department of Agriculture
- 4.Nasdaq
- 5.DeepSeek Artificial Intelligence
- 6.Federal Reserve System
- 7.Hang Seng
- 8.Microstrategy
- 9.Tesla
- 10.World Trade Organization
- 11.Best Buy
- 12.Chrysler
persons
- 1.Donald Trump
- 2.Claudia Sheinbaum
- 3.Justin Trudeau
- 4.Alan Rappeport
- 5.Ian Austen
- 6.Xi Jinping
- 7.Angel Cervantes
- 8.Annie Correal
- 9.Brian Cornell
- 10.Corie Barry
- 11.Howard Lutnick
- 12.Matthew Mpoke Bigg