The U.S. stock markets continued to decline on Tuesday after President Donald Trump announced additional tariffs on steel and aluminum imports from Canada.
Canadian Prime Minister Justin Trudeau on Monday (local time) announced that retaliatory tariffs on US goods will go into force at midnight on Tuesday if the US tariffs on Canadian imports take effect.
China has announced retaliatory tariffs on US goods in response to Washington's latest trade measures. Beijing will impose a 15 per cent tariff on imports of coal and liquefied natural gas (LNG) from the US, following the American government's decision to impose 10 per cent tariffs on Chi
After the US government announced a 10 per cent tariff on all Chinese goods exported to America, China on Tuesday imposed additional tariffs on various US goods, including a 15 per cent tariff on coal and liquefied natural gas, and a 10 per cent tariff on crude oil starting from February
While addressing a press conference on Saturday (local time), Trudeau stressed that Canada's response will be "far-reaching" and will include everyday items like American beer, wine, bourbon fruits and fruit juices.
Moody's Analytics believes China has reasons to exercise restraint in announcing retaliatory tariffs against the US, at a time when the latter has imposed import tariffs on various critical goods from China.
US Trade Representative Katherine Tai said on Tuesday that India's decision to remove retaliatory tariffs on several US products has improved access to chickpeas, lentils, almonds, walnuts, and apples and is benefiting farmers across the country.
Washington D.C. [USA], Aug 24 (ANI): The US dollar on Friday (local time) fell sharply amid concerns over country's recent trade tensions with China which escalated after the latter said it would impose retaliatory tariffs on additional US products.
Mumbai (Maharashtra) [India], June 27 (ANI): Late hour trading in stocks wiped out early gains on Thursday and equity benchmark indices ended marginally lower as US President Donald Trump demanded India withdraws retaliatory tariffs imposed earlier this month.
New Delhi [India], June 15 (ANI): India on Saturday imposed retaliatory tariffs on American goods, less than two weeks after United States President Donald Trump announced an end to preferential trade treatment for India over the trade barriers.