US Tariffs Spark Trade Tensions with Mexico
US imposes tariffs on Mexican goods, prompting retaliatory measures and raising fears of a destabilizing trade war with global implications.
News & Insights Across Asia
US imposes tariffs on Mexican goods, prompting retaliatory measures and raising fears of a destabilizing trade war with global implications.
Canada is preparing for a March 4 deadline when the US may impose 25% tariffs on Canadian goods. In response, Canada is expected to enact counter tariffs, impacting multiple industries on both sides of the border.
US tariffs on key trading partners trigger backlash from Canada and Germany, raising concerns of economic downturn and supply chain disruptions.
Brazilian industries express concern over U.S.’s 25% steel and aluminum tariffs, fearing significant impacts on exports and market stability.
The Chinese Foreign Ministry asserts that there are no winners in trade and tariff wars, committing to safeguard its rights amidst ongoing US-China economic tensions.
Indian scholar Professor C. Veeramani warns that the US’s reciprocal tariffs on steel and aluminum could ignite a trade war, harming the global economy.
U.S. President Trump’s 25% steel and aluminum tariffs are criticized by experts as a negative-sum game that harms consumers and importers without any winners.
President Trump’s 25% steel and aluminum tariffs face criticism for undermining multilateral trade and passing costs to consumers, leading to a no-win scenario in the trade war.
U.S. imposes new tariffs on steel and aluminum imports, sparking global condemnation from Mexico, Canada, and the EU, raising fears of a trade war.
The US administration’s new tariffs on China and other countries, justified by fentanyl issues, are seen as an abuse of national emergency powers, harming both the US and global economy.
The resurgence of U.S. tariffs on steel and aluminum in 2025 raises questions about the future of global trade and its impact on Asian markets.
France and the European Union vow to retaliate against U.S. President Donald Trump’s announcement of new steel and aluminum tariffs, signaling a potential escalation in trade tensions.
The US-China trade war intensifies as the U.S. imposes new tariffs on Chinese imports, prompting China to retaliate with WTO disputes and additional tariffs on American goods.
US imposes tariffs on the Chinese mainland, Canada, and Mexico, highlighting the futility of trade wars and their global economic impacts.