Canada Eases Retaliatory Tariffs, Matches USMCA Exemptions in Trade Reset with Trump
Prime Minister Mark Carney announced Canada will drop many retaliatory tariffs to align with US tariff exemptions under USMCA. While most Canadian goods regain tariff-free status, levies remain on autos, steel, and aluminum. The move aims to reset trade talks with President Trump, though critics call it a capitulation.
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Renewed US-China Trade War: Trump Accuses China of Breaking Tariff Truce
Raising concerns about Renewed US-China Trade War: Trump Accuses China of Breaking Tariff Truce. The long-standing trade war between the United States and China has taken a sharp turn, as former President Donald Trump accuses China of violating the recent tariff agreement. This renewed dispute threatens to unravel the tentative truce brokered earlier this month, raising concerns about escalating trade tensions between the world’s two largest economies.
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