Trump's latest tariff plans on steel, aluminum and other imports are spreading uncertainty
Monday, 10 February 2025 () President Donald Trump is preparing to formally announce 25% tariffs on steel and aluminum imports. It's part of an aggressive effort to remake the existing terms of world trade that so far has compounded economic uncertainty. Trump also intends this week to reset U.S. taxes on all imports to match the same levels charged by other countries. And that comes on top of the 10% tariffs he already put on China, and the U.S. tariffs planned for Canada and Mexico that have been suspended until March 1. All of this carries inflation risks at a moment when voters are still weary of high prices and fearful that price increases will eclipse any income gains.
German Chancellor Olaf Scholz has strongly condemned former U.S. President Donald Trump's proposal to "take over" Gaza and relocate Palestinians elsewhere, calling it a "scandal" and a violation of international law. Speaking during a televised debate ahead of Germany’s February elections, Scholz...
The European Union is gearing up for a fierce trade battle after former U.S. President Donald Trump announced a sweeping 25% tariff on all steel and aluminum imports. French Finance Minister Jean-Noël..
U.S. President Donald Trump delivers a fiery attack on Canadian Prime Minister Justin Trudeau, claiming that Canada is "not viable" without American economic and military support. He doubles down on..
Former U.S. President Donald Trump expressed deep shock and outrage over the frail condition of Israeli hostages recently released by Hamas, comparing their appearance to Holocaust survivors...