US administration’s recent decision to exempt various electronic devices from tariffs introduced earlier this month is not permanent, said commerce secretary Howard Lutnick on Sunday.He clarified that these products would soon face “semiconductor tariffs,” expected to be implemented within “a month or two.”Speaking at ABC news’ ‘This Week’ programme, Lutnick said, “All those products are […]
The US-China trade war deepened dramatically on Wednesday as Beijing announced a sweeping hike in tariffs on American goods, raising rates from 34% to 84%, just a day after President Donald Trump’s new 104% tariffs on Chinese imports came into force.Calling the US action a violation of trade norms and a threat to global stability, […]
Canadian PM Mark Carney and Donald Trump (File Image) Canada hit back at the United States over Donald Trump’s 25 per cent auto tariffs and imposed retaliatory duty on the imported US vehicles. Canada slapped a 25 per cent tariff on vehicles imported from the US that are not compliant with the Canada-U.S.-Mexico Agreement (CUSMA).Addressing […]
