This website’s original language is English. For translation, click the globe icon or choose Translate in the menu.
16 matching records found
G20 trade ministers are set to open talks Wednesday in the United States, in meetings strained by President Donald Trump's tariffs as Washington targets partners regarding forced labor and overcapacity.
If you want to understand how Washington exercises power in the world, watch what it does when its closest allies try to deepen ties with each other. When EU chief Ursula von der Leyen proposed making Canada the European Union’s first-ever “associate member”, US President Donald Trump’s response was swift and blunt: “If they do that, if I think it’s at all a hostile act, I will put very serious tariffs or stop trading with Europe, on many things.” He called the idea “laughable” and Canada –...
Eligible products for the zero per cent tariff rate include all drugs designated for rare diseases, infertility treatments, cell therapies, gene therapies, antibody-drug conjugates (ADCs), and animal pharmaceuticals. Components of these drugs are also subject to a zero per cent tariff rate
Eligible products for the zero per cent tariff rate include all drugs designated for rare diseases, infertility treatments, cell therapies, gene therapies, antibody-drug conjugates (ADCs), and animal pharmaceuticals. Components of these drugs are also subject to a zero per cent tariff rate
US soybean farmers have described the exclusion of US soybeans from China’s import list under the newly announced Board of Trade mechanism as a “missed opportunity”, even as Beijing ramped up purchases of the crop ahead of last week’s summit between Chinese President Xi Jinping and US President Donald Trump. The trade forum, unveiled by both sides on Sunday, covered a range of US agricultural products for export to China, including meat, dairy, corn, wheat, sorghum and vegetable oils, but...
Chinese President Xi Jinping has completed a whirlwind 43-hour trip to the United States, his first state visit to the country in more than a decade, with US President Donald Trump pulling out all the stops to make it a grand affair. The two leaders met several times during the visit, including at a ceremonial airport welcome, the White House reception and bilateral talks on a wide range of topics including trade, tariffs and Taiwan. They also attended a state dinner in Xi’s honour with top...
US equity futures and Treasuries advance a day after the Federal Reserve raised interest rates boosting confidence in Chair Kevin Warsh's commitment to fight inflation. President Trump threatens he will put very serious tariffs on the EU if he thinks its push for closer ties with Canada is harmful to the US. Jane Foley of Rabobank joins "Bloomberg Brief" to discuss the market reaction to the Fed's decision. (Source: Bloomberg)
US President Donald Trump has threatened steep tariffs on the European Union if it goes ahead with a proposal to make Canada its first "associate member", a move he described as a possible "hostile act". Canada's Prime Minister Mark Carney, who is due to address the European Parliament on Thursday, has been pursuing closer ties with the EU as he seeks to pivot away from the US.
The announcement comes several months after the US decreased the tariff by 5 percent.
Brent crude reaches $100 a barrel for the first time since July as the US and Iran keep up attacks on each other. Trade tensions escalate as the Trump administration blocks imports of some Canadian products and imposes fresh levies. Treasury Secretary Scott Bessent dares the market to bet against the Japanese yen. President Trump gears up to speak at the Republican National Convention in Dallas, Texas. Isabelle Scemama, BNP Paribas Global Head of AM Alternatives, and Blair Jacobson, Ares Management Co-President, joins Bloomberg's Guy Johnson on "Bloomberg Brief" from the IPEM Global conference in Paris, France. (Source: Bloomberg)
The US is banning dairy products, most alcoholic drinks and motorcycles from Canada, the White House said on Tuesday, as the trade war between the two neighbours and long-time allies escalates. The ban will take effect in three weeks and comes after Canada imposed retaliatory tariffs on US$20 billion in US imports earlier on Tuesday. A range of Canadian products from mattresses to motorboats and golf carts will be subject to a 50 per cent surcharge beginning September 15, a presidential...
On Bloomberg This Weekend, Michigan Representative Haley Stevens (D) says escalating US tariffs on Canadian goods are raising costs and creating uncertainty for manufacturers in her district, with the deeply integrated auto supply chain particularly exposed. Stevens tells hosts Christina Ruffini and Jeff Mason that she is promoting legislation that would provide households with as much as $1,700 to offset tariff-related costs, while criticizing the Trump administration’s approach to trade with Canada. (Source: Bloomberg)
Japan and the United States have confirmed they will advance cooperation on investing in strategic sectors and honour the other terms of a trade deal they reached last year, even though President Donald Trump’s tariff policies have changed significantly over time. “We reaffirmed that last year’s agreement remains unchanged,” Japan’s Trade and Industry Minister Ryosei Akazawa told reporters in Washington on Friday, after meeting Commerce Secretary Howard Lutnick and US Trade Representative...