US tariffs: Canada, Mexico, China bear the brunt; dollar surges while global currencies see extreme lows
Monday, 3 February 2025 US President Donald Trump’s trade war has negatively impacted Canada, Mexico, and China, devaluing their currencies to multi-year lows and strengthening the US dollar significantly. Canada and Mexico have responded with promises of retaliation, while China plans to challenge the tariffs at the World Trade Organization.
China has announced plans to file a lawsuit at the World Trade Organization (WTO) in response to U.S. President Donald Trump's new tariffs on Chinese goods. The tariffs, which are set to take effect on February 4, will include a 25% tax on imports from Mexico and Canada, and a 10% tariff on Chinese...
During a joint press conference with UK Prime Minister Keir Starmer, US President Donald Trump abruptly cut him off, saying, "That's enough, thank you." This came as Starmer responded to a..
Ukrainian President Volodymyr Zelensky’s meeting with Trump has sparked mixed reactions, particularly regarding a proposed mineral deal between Ukraine and the U.S. While some Ukrainians see the..
The word "tariff" has emerged as a focal point in discussions about America's economic future. With Donald Trump's administration advocating for heavy tariffs on..
Monday, 3 February 2025
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