Trump, tariffs and U.S. imports
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USA TODAY |
While prices are expected to increase across the board, some items will see a price bump more quickly than others.
CNN |
Regardless of what Trump ultimately announces, all the proposals would be historic.
Reuters |
Canada has vowed to respond with tariffs of its own. "We will not disadvantage Canadian producers and Canadian workers relative to American workers," Prime Minister Mark Carney said in Winnipeg.
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Sharp increases in goods from China, Canada and Mexico helped drive U.S. imports to a new monthly record as people stocked up before tariffs hit.
Ukraine, whose power system has been under constant Russian missile and drone attacks, increased electricity imports by 11% to 272 Gigawatt hours in March from February, Ukrainian ExPro consultancy said on Tuesday.
Vietnam, in a race to head off possible new US tariffs, announced it slashed import levies on a range of products, including liquefied natural gas and automobiles, according to a statement on the government’s website.
Reciprocal tariffs on imported goods are set to start Wednesday, and tariffs on auto imports and most auto parts are set to start Thursday.
India's finished steel imports during the first 11 months of the financial year, which began in April, stood at 8.98 million metric tons, marking a 15.8% year-on-year increase, according to provisional government data reviewed by Reuters on Tuesday.
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President Donald Trump has included potash among the minerals that need an immediately ramp up in US production. That’s unlikely to significantly break America’s reliance on fertilizer imports.
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A federal judge in Florida has blocked the imports of a high-priced Chilean sea bass from protected waters near Antarctica.
The South African rand strengthened on Monday (31 March) following reports that the two largest political parties in the ruling coalition government are close to agreeing to resolve the ongoing impasse regarding the national budget.