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
China, Japan, South Korea Plan Joint Action on U.S. Tariffs
China, Japan, and South Korea held their first high-level economic dialogue in five years on March 30, 2025, to address…
US Allies Push Back Against Trump’s Car Tariffs, Hint at Retaliation
On March 26, 2025, President Trump announced a 25% tariff on imported vehicles and some auto parts, sparking widespread criticism…
India Offers Tariff Cuts on US Farm Goods, Aims to Boost Trade Ties
India aims to boost India-US trade ties by proposing tariff cuts on U.S. agricultural imports. This move reflects India's strategy…
Canada Runs ‘Tariffs Are a Tax’ Ads in U.S., Challenges Trump Policy
Canada has launched a "Tariffs Are a Tax" ad campaign in the U.S. to counter tariffs imposed by former President…
Trump warns of higher tariffs on EU and Canada for teaming up against the U.S.
On March 27, 2025, President Trump threatened to impose larger tariffs on the European Union and Canada if they collaborated…
Trump Sets 25% Tariff on Imported Cars, Aims to Raise $100 Billion
President Trump announced a 25% tariff on imported autos, aiming to boost U.S. car manufacturing and generate $100 billion in…
Trade Policies May Cost U.S. Tourism $64 Billion, Report Finds
The U.S. tourism sector is projected to lose $64 billion due to trade wars initiated by the Trump administration. These…
With US Tariffs Ahead, India Considers Easing Rules on Trade and Chinese Investment
Facing potential US tariffs, India considers easing non-trade barriers and relaxing restrictions on Chinese foreign direct investment (FDI). This move…