Breaking with the United States, Canada has agreed to cut its 100% tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Friday.
India's shrimp exports to the U.S. were once a success story. Now the industry faces ruin amid President Trump's 50% tariff on imports from the country.
At a summit meeting in Washington, D.C., on Monday, the U.S. and South Korean presidents will discuss modernizing their 71-year-old alliance and fleshing out a trade deal reached last month.
After Canadian Prime Minister Mark Carney announced he would lower tariffs, President Trump said "We want to be very good to Canada. I like Carney a lot. I think he's a very good person."
Court rulings against President Trump's tariffs could spell relief for many American importers — if the decisions hold. For now, the uncertainty remains.
The meetings between top U.S. and Chinese officials in Geneva represent the first potential efforts to end a trade war that has frazzled financial markets.
Trade negotiators from the U.S. and China are starting talks this weekend in Switzerland. These are the first high-level trade talks between the two countries since President Trump returned to the White House.
The Inspired Home Show in Chicago draws housewares industry insiders from all over the country to network and show off their latest gadgets. This year, they're making plans to cope with tariffs.
