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tariffs in the second trump administration

Trump threatens 25% tariff on EU cars and trucks

(The Center Square) – President Donald Trump threatened to raise tariffs on European Union cars and trucks to 25%, accusing the EU of violating a trade agreement the bloc says lost its legal foundation after the U.S. Supreme Court struck down the authority used to negotiate it. Trump announced the

Trump ends tariffs on Scotch whisky after King Charles visit

(The Center Square) – President Donald Trump said he will remove the 10% tariff on Scotch whisky imports and lift restrictions on the barrel trade between Scotland and Kentucky, a move the industry called a "significant boost" that ends months of economic losses. Trump made the announcement in a

Trump says lifting Scottish whisky tariffs to 'honor' King Charles

Trump says lifting Scottish whisky tariffs to 'honor' King Charles

US President Donald Trump said Thursday he was removing tariffs on Scottish whisky in honor of Britain's King Charles III and Queen Camilla as they wrapped up their state visit. Trump's announcement as the royal couple ended their four-day trip to the United States represents

Canada holds key rate steady, says will act if war inflation persists

Canada holds key rate steady, says will act if war inflation persists

Canada's central bank held its key lending rate at 2.25 percent on Wednesday, but warned it may need to act if inflation caused by the Middle East war persists. The fallout from the US‑Israeli strikes on Iran has sent energy prices soaring. The impacts in Canada,

EU trade chief seeks 'positive traction' on US steel tariffs

EU trade chief seeks 'positive traction' on US steel tariffs

The EU is seeking more progress in easing the effects of US steel tariffs, its trade chief Maros Sefcovic said Friday, adding that talks are "going in a positive direction." The bloc also wants to align approaches with the United States towards third countries when it comes to

Canada not as reliant on US economy as some think: Carney

Canada not as reliant on US economy as some think: Carney

There is a "misimpression" about the extent of Canada's economic reliance on the United States, Prime Minister Mark Carney said Thursday, again pushing back on suggestions Ottawa must capitulate to Washington's trade demands. Canada and the United States are heading towards fractious negotiations on

US doesn't dictate terms of trade talks: Carney

US doesn't dictate terms of trade talks: Carney

The United States does not get to dictate the terms of upcoming trade talks, Canadian Prime Minister Mark Carney said Wednesday, following reports Washington wants an "entry fee" before agreeing to open negotiations. The United States and Canada are set to hold talks on revising a North American