Tariffs
Ecuador Imposes 27% Tariff on Mexican Imports, Redefining Trade Ties
Ecuador announced a 27% tariff on Mexican imports to address trade imbalances and safeguard local industries. This follows strained Ecuador-Mexico relations and precedes Ecuador's general election, hinting at political motives.…
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Lasted Tariffs
Canada Stands Firm: Tariffs Stay Until U.S. Lifts All Levies
Canada has stated it will not lift tariffs on U.S. goods unless all American levies on Canadian products are removed.…
Donald Trump’s Tariffs May Raise Prices on Common Household Items
President Trump's 2025 tariffs on imports from Canada, Mexico, and China may raise prices on everyday items including electronics, clothing,…
Howard Lutnick Hints Trump Could End Tariffs on Canada and Mexico Soon
On March 3, 2025, US Treasury Secretary Howard Lutnick announced that former President Donald Trump might roll back tariffs on…
Doug Ford Ends $100M Starlink Deal Over Tariff Dispute
Ontario Premier Doug Ford canceled a $100-million contract with Starlink on March 4, 2025, citing it as a firm response…
What Happens if the U.S. Loses Its Trade War?
If the USA loses its trade war, it could face economic downturns, job losses, reduced global influence, and weakened industries.…
Trump Warns of Higher Tariffs in Response to Canadian Actions
On March 4, 2025, President Trump warned of higher tariffs against Canada if it retaliates in the ongoing trade dispute.…
Ontario Plans 25% Electricity Export Tariff, Warns of Possible Cutoff
Ontario will impose a 25% tariff on electricity exports to the U.S. starting March 4, 2025. Premier Doug Ford warned…
Canada Takes Fresh Steps to Sanction Russia
On February 24, 2025, Canada expanded its sanctions against Russia through amendments to the Special Economic Measures (Russia) Regulations. This…