These new levies further tighten restrictions on U.S. agricultural exports, a critical sector that was already hit hard by Trump’s first-term trade war

“Tariffs will disrupt an incredibly successful trading relationship,” Canadian Prime Minister Justin Trudeau said in response

U.S. President Donald Trump signed an executive order tonight imposing reciprocal tariffs on both allies and rivals, aiming, as he stated, to correct trade imbalances. Trump said If tariffs or taxes were imposed on the U.S. (on American products), it would impose exactly the same tariffs or taxes (on imports into the U.S.). “It’s that […]

European Commission President Ursula von der Leyen condemns U.S. tariffs, vowing firm EU countermeasures.

The Commission firmly warned: “We will react to protect the interests of European businesses, workers, and consumers from unjustified measures.”

“I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas. Otherwise, it is TARIFFS all the way.”

The president-elect says he’ll lower prices, but his other promises would raise them