trade deal
U.S. extends trade deal with Mexico, sets tariffs for dozens of countries
U.S. President Donald Trump, seen in the Roosevelt Room at the White House, signed an executive order on Thursday imposing ‘reciprocal’ tariffs ranging from 10 per cent to 41 per cent on U.S. imports from dozens of countries and foreign locations. (Jacquelyn Martin/The Associated Press) U.S. President Donald Trump signed an executive order on Thursday imposing “reciprocal” tariffs ranging from 10 per cent to 41 per cent on U.S. imports from dozens of countries and foreign locations. The order was issued shortly after 7 p.m. ET on Thursday evening. It came after aRead more
Trump keeps 10% tariffs on U.K., cuts taxes on British autos, steel and aluminum in trade deal
U.S. President Donald Trump agreed on Thursday to cut tariffs on U.K. autos, steel and aluminum in a planned trade deal but played down the possibility of other nations getting similarly favourable terms on his import taxes, which are roiling the global economy. Under the framework agreement, the U.K. is to buy more U.S. beef and ethanol and streamline its customs process for goods from the United States. But Trump’s baseline 10 per cent tariffs against British goods are to stay in place, and the Republican president suggested that even higherRead more