tariffs News Updates

Government, Business

Trump Says He May Hit Canada With Dairy, Lumber Tariffs Soon

President Donald Trump said he may implement reciprocal tariffs on Canadian lumber and dairy products as soon as March 7, threatening again to disrupt cross-border trade.

March 7, 2025
Government, Business, Fuel

Canadian Crude Wins Reprieve From Trump’s Tariffs

Crude is among the beneficiaries of President Donald Trump’s one-month reprieve on tariffs for some imports from Canada and Mexico, a boost to oil industry leaders.

March 7, 2025
Government, Business

Border States Fear Impact From Tariffs on Canada and Mexico

Political leaders representing states that border Canada and Mexico are sounding the alarm about how tariffs between those countries and the U.S. will impact their local economies.

March 6, 2025
Government, Business, Equipment

Auto Reprieve From Tariffs Isn’t Enough to Weather Trade War

President Donald Trump’s reprieve for U.S. automakers from tariffs isn’t likely to allow enough time for those companies to make the changes necessary to minimize the damage from a trade war.

March 6, 2025
Government, Business

Trump Again Delays Tariffs on Mexico, Canada for a Month

President Donald Trump on March 6 postponed 25% tariffs on many imports from Mexico and some imports from Canada until April 2 amid fears of the economic fallout from a broader trade war.

March 6, 2025
Government, Business

Trump Might Defer Tariffs on Goods, Services Under USMCA

President Donald Trump is likely to defer tariffs on Canada and Mexico for goods and services covered by the trade agreement known as USMCA, Commerce Secretary Howard Lutnick said.

March 6, 2025
Government, Business

Trudeau Expects a Trade War for the ‘Foreseeable Future’

Canadian Prime Minister Justin Trudeau said March 6 he expects Canada and the U.S. to be in a trade war for the foreseeable future after a call with U.S. President Donald Trump.

March 6, 2025
Government, Business, Private

Walmart Asks Chinese Suppliers for Big Price Cuts on Tariffs

Walmart has asked some Chinese suppliers for major price reductions, with the retail giant’s efforts to shift the burden of tariffs facing strong pushback from firms in the Asian nation.

March 6, 2025
Government, Business

US Trade Deficit Surges to a Record Ahead of Trump Tariffs

The U.S. trade deficit widened to a record in January as companies scrambled to secure goods from overseas before President Donald Trump imposed tariffs on the largest U.S. trading partners.

March 6, 2025
Government, Business

China’s Commerce Head: ‘There Are No Winners in a Trade War’

China's economy can weather higher tariffs imposed by President Donald Trump, the Chinese commerce minister said March 6, though he added that there are “no winners in a trade war.â€

March 6, 2025