tariffs | DD News

September 16, 2026 4:57 PM

Canadians Boycott U.S. Products As Trade War Deepens

Canada is boycotting the United States, and not in a small way. Across grocery shelves, airports, living rooms and monthly subscription bills, millions of Canadians have quietly declared an economic strike against their closest neighbour. YT Link: https://www.youtube.com/watch?v=l6xOywC2OHQ Trade Talks Collapse, Tariffs Escalate The move comes after months of escalating trade tensions. The United States slapped tariffs on Canadian goods. Canada hit back with tariffs of its own. Last month, tr...

July 21, 2026 8:28 AM

US imposes new 50% tariffs on $20 billion worth of Canadian products

President Donald Trump unveiled 50% tariffs on a wide range of imports from Canada on Monday in response to what the U.S. administration called its discriminatory treatment of American-made cars, alcohol and dairy goods, threatening a new front in a global trade war. In slapping import taxes on goods ranging from wine to cement and ice hockey gear, Trump invoked Section 338 of the Tariff Act of 1930, which permits a president to impose punitive tariffs of up to 50% against trading partners ...

July 18, 2026 9:20 AM

Trump blames Canada for wildfire smoke, says he will add cost to tariffs

President Donald Trump on Friday blamed Canada for wildfire smoke spreading across the United States and said he would add the "incalculable cost" of dealing with the pollution to existing tariffs on Canadian goods. Heavy smoke from hundreds of Canadian fires enveloped a swath of the U.S. from the Midwest to the Northeast on Thursday and Friday, prompting warnings to residents to stay indoors. Trump, who has a combative relationship with Prime Minister Mark Carney, said he would be calling the...

April 3, 2026 1:15 PM

A year after ‘Liberation Day,’ Trump sets new drug tariffs, adjusts metals duties

U.S. President Donald Trump ordered 100% tariffs on certain branded pharmaceutical imports and overhauled steel, aluminum and copper duties on Thursday as his administration sought to move on from the collapse of the broad global tariffs he announced exactly one year ago. The new tranche of tariffs is aimed partly at rebuilding duties lost when the Supreme Court struck them down in February. But they drew criticism from some business groups for adding potential new cost pressures at a time when...

January 19, 2026 9:39 AM

EU scrambles to avert Trump Greenland tariffs, prepares retaliation

European Union ambassadors reached broad agreement on Sunday to intensify efforts to dissuade U.S. President Donald Trump from imposing tariffs on European allies, while also preparing retaliatory measures should the duties go ahead, EU diplomats said. Trump vowed on Saturday to implement a wave of increasing tariffs from February 1 on EU members Denmark, Sweden, France, Germany, the Netherlands and Finland, along with Britain and Norway, until the U.S. is allowed to buy Greenland, a step major...

November 14, 2025 1:28 PM

Trump threatens tariffs on Spain over refusal to boost NATO defense spending

President Donald Trump on Tuesday threatened trade penalties, including tariffs, against Spain, saying he is unhappy with its refusal to raise defense spending to 5% and calling the move disrespectful to NATO. "I'm very unhappy with Spain. They're the only country that didn't raise their number up to 5%... so I'm not happy with Spain," Trump told reporters at the White House. "I was thinking of giving them trade punishment through tariffs because of what they did, and I think I may do that," T...

September 26, 2025 9:08 AM

Trump slaps fresh US tariffs on heavy trucks, drugs and furniture

President Donald Trump on Thursday unveiled a fresh round of punishing tariffs on a broad range of imported goods, including 100% duties on branded drugs and 25% tariffs on heavy-duty trucks, set to come into force next week. Tariffs have been a feature of Trump's second term, with sweeping duties on trading partners ranging from 10% to 50% and other targeted levies on a wide variety of products, casting a shadow over the global economic outlook and paralyzing business decision-making. The a...

September 26, 2025 9:06 AM

Stocks slump as Trump slaps new tariffs, Fed cut bets recede

Shares in Asia slid on Friday, with pharmaceutical companies hit hard after U.S. President Donald Trump unveiled a fresh round of punishing tariffs and as traders pared bets of sharp U.S. rate cuts following stronger-than-expected economic data. Trump announced the U.S. would impose 100% duties on imported branded drugs, 25% tariffs on heavy-duty trucks and 50% tariffs on kitchen cabinets. Shares of pharmaceutical companies across Asia tumbled in the aftermath, with Japan's Topix pharmaceutica...

September 2, 2025 7:43 PM

Tariffs cause ‘unprecedented’ disruption to global trade rules, WTO chief says

The share of global trade done on WTO terms has fallen to 72% and could fall further, amid the biggest disruption to the international trading system in the past 80 years, the Director-General of the World Trade Organization said on Tuesday. Since U.S. President Donald Trump started imposing higher import tariffs this year on most of the United States' trading partners, the share of global trade conducted under the WTO's 'most favoured nation' (MFN) terms is down from about 80%, WTO data shows....

August 12, 2025 8:34 AM

US, China extend tariff truce by 90 days, staving off surge in duties

The United States and China on Monday extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as U.S. retailers get ready to ramp up inventories ahead of the critical end-of-year holiday season. U.S. President Donald Trump announced on his Truth Social platform that he had signed an executive order suspending the imposition of higher tariffs until 12:01 a.m. EST (0501 GMT) on November 10, with all other elements of the truce to remain in place. China'...