European producers have warned that high tariffs will exacerbate existing economic pressures. U.S. President Donald Trump’s decision to raise tariffs on steel and aluminum imports to 50 percent took effect on Wednesday, escalating a trade dispute that threatens to further weaken the EU’s metals sector and disrupt downstream manufacturing across the bloc. RELATED: Mexico Calls […]

Nevertheless, the Sheinbaum administration would seek to reach an agreement with Washington on the issue. On Wednesday, Mexican President Claudia Sheinbaum called the increase in U.S. tariffs on steel and aluminum from 25% to 50% an unjust measure that lacks legal basis. She said her government would seek to reach an agreement with Washington on […]

Higher tariffs on steel and aluminum would address national security threats, the U.S. president said. Starting from Wednesday, the United States started to raise tariffs on imported steel and aluminum from 25 percent to 50 percent, according to an executive order signed by U.S. President Donald Trump. RELATED: Six Nobel Laureates Urge Senate to Reject […]

‘The only thing that makes sense is for Canada to become our cherished fifty-first state’, Trump said. On Tuesday, U.S. President Donald Trump announced that Canadian steel and aluminum would be subject to a 50% tariff starting Wednesday, March 12. RELATED: Trump Creates a Strategic Cryptocurrency Reserve for the United States This trade measure would […]

Besides Trump’s 25% tariff, Canadian and Mexican products will be subject to another tax that will come into effect in March. On Wednesday, the White House announced that tariffs on aluminum and steel imported from Mexico and Canada will effectively be 50 percent. RELATED: Mexico to Seek Consultations With U.S on Steel and Aluminum Tariffs […]

Economy Minister Ebrard will present his country’s arguments to Howard Lutnick and Jamieson Greer. On Tuesday, Mexican Economy Minister Marcelo Ebrard stated that President Claudia Sheinbaum’s government is seeking consultations with Washington regarding the 25% tariffs that U.S. President Donald Trump imposed on steel and aluminum. RELATED: EU Should Strengthen Ties With China as U.S. […]