Which nation ultimately bears the cost of a tariff depends on what that country makes and its pull in the global market.
Mexico was the top U.S. trade partner for the second consecutive year in 2024, reaching a record-breaking $840 billion.
Expect the administration to move to more aggressive measures than the current 10% China tariffs, even if they harm consumers ...
The new duties build on actions from the president's first term while axing exemptions and product exclusions.
Yet amid this uncertainty, it’s possible that there may be a silver lining. Trump may inadvertently be paving the way for a realignment of trade relationships and the emergence of new economic blocs.
Canada, Mexico and European countries criticized President Trump’s levies on steel and aluminum with fears that they could ignite a global trade war.
Trump did pretty much the same with steel and aluminum tariffs during his first term. But they took a toll last time, ...
An interview with international relations professor Nicholas Grossman, who explains why Putin has to be absolutely thrilled by Trump’s threats toward Canada and his effort to destroy USAID.
Alabama imports more goods from Mexico than any other nation, and it’s not even close. Canada ranked fifth, and was near the top for receiving Alabama’s exports — an important distinction as Canada ...
Canada is also pushing to diversify its exports and set itself a target in 2018 of increasing non-U.S. exports by 50% by 2025 ...
Canadian supply chains have become the epicentre of these looming disruptions. The country urgently needs to strengthen its ...