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The new rates will test Trump's strategy for shrinking U.S. trade deficits without disrupting global supply chains or provoking higher inflation.
On Thursday, US President Donald Trump implemented increased tariff rates, ranging from 10% to 50%, affecting numerous trading partners.
This is a mess, especially with Brazil, and I can’t see what Americans will get from it, beyond higher prices for coffee.
Welcome to the Daily News Brief, CFR’s flagship morning newsletter summarizing the top global news and analysis of the ...
Top of the AgendaWhite House envoy Steve Witkoff met with Russian President Vladimir Putin today, the day after U.S.
The U. S. trade deficit dropped in June to its lowest level in nearly two years, while the trade gap with China narrowed to ...
The Canadian dollar was barely changed against its U.S. counterpart on Tuesday as oil prices fell and data showed a widening ...
Canada’s latest trade numbers indicate that the ongoing dispute with the United States continues to take its toll, with steel ...
Tariffs and uncertainty drag on exports, pushing shortfall to a record in the second quarter ...
Exports of passenger cars and light trucks also declined in June, falling below the C$4 billion mark for the first time since November 2022. Shipments of cars and light trucks have fallen three months ...
Canada goods trade deficit increased substantially to C$5.9 billion ($4.24 billion) in June, as imports outpaced exports ...