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  5. US Tariffs Spark International Trade Tensions and Market Volatility

US Tariffs Spark International Trade Tensions and Market Volatility

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US President Donald Trump's tariffs on Canadian and Mexican goods have taken effect, sparking fears of a global trade war.

  1. CA
    Mélanie Joly
    Global Affairs Canada
    1. There's a level of unpredictability and chaos that comes out of the Oval Office, and we will be dealing with it.
  2. CA
    Justin Trudeau
    Liberal Party
    1. Tariffs will disrupt an incredibly successful trading relationship.
  3. CN
    Lin Jian
    Chinese Ministry of Foreign Affairs
    1. China opposes this move and will do what is necessary to firmly safeguard its legitimate interests.
  4. MX
    Claudia Sheinbaum
    Morena Party
    1. There is no reason, justification, or excuse that supports this decision that will affect our people and nations. We have said it in various ways: cooperation and coordination, yes; subordination and interventionism, no. Mexico deserves respect.
    2. I want to make it clear today that we will always seek a negotiated solution as we have proposed within the framework of respect for our sovereignty.
    3. I call upon the people of Mexico, all of you, to face this challenge together, to stay united.
    4. I reiterate: it is time to defend Mexico and its sovereignty. We must stay alert and calm. Cool heads.
  5. US
    Donald Trump
    Republican Party
    1. IF COMPANIES MOVE TO THE UNITED STATES, THERE ARE NOT TARIFFS!!!
    2. They're going to have to have a tariff. So, what they have to do is build their car plants — frankly — and other things in the United States, in which case they have no tariffs.
  6. US
    Howard Lutnick
    US Department of Commerce
    1. They've done a nice job on the border, but they haven't stopped the flow of fentanyl.
  7. US
    Corie Barry
    Best Buy
    1. We expect our vendors across our entire assortment will pass along some level of tariff costs to retailers, making price increases for American consumers highly likely.
  8. US
    Brian Cornell
    Target
    1. Those are categories where we'll try to protect pricing, but the consumer will likely see price increases over the next couple of days.

Trump's tariffs

  1. Donald Trump Announces 90-Day Tariff Reduction with China
  2. US and China Reach New Agreement on Tariffs After Ongoing Trade Negotiations in Geneva
  3. Donald Trump Proposes Significant Reduction in China Tariffs Amid Ongoing Trade Negotiations

sources

  1. 1.ABC News (Australia)
  2. 2.Al Jazeera
  3. 3.The Guardian
  4. 4.BBC
  5. 5.The Washington Post
  6. 6.CNN
  7. 7.The Times of India
  8. 8.Le Monde
  9. 9.CTV News
  10. 10.The New York Times
  11. 11.CNA News
  12. 12.France 24

perspectives

  1. 1.US under Donald Trump
  2. 2.Chinese Foreign Policy
  3. 3.US-China Relations
  4. 4.Immigration to the US
  5. 5.US Economy
  6. 6.Inflation
  7. 7.Trade Agreement
  8. 8.World Economy
  9. 9.US-India relations
  10. 10.Mexico under Claudia Sheinbaum
  11. 11.US-EU relations
  12. 12.United States–Mexico–Canada Agreement

countries

  1. 1.ArgentinaAR
  2. 2.AustraliaAU
  3. 3.BrazilBR
  4. 4.CanadaCA
  5. 5.ChinaCN
  6. 6.GermanyDE
  7. 7.FranceFR
  8. 8.United KingdomGB
  9. 9.Hong KongHK
  10. 10.JapanJP
  11. 11.MexicoMX
  12. 12.Taiwan, Province of ChinaTW

organizations

  1. 1.White HouseUS
  2. 2.US Food and Drug AdministrationUS
  3. 3.DeepSeek Artificial IntelligenceCN
  4. 4.Federal Reserve SystemUS
  5. 5.Hang Seng
  6. 6.Microstrategy
  7. 7.Nasdaq
  8. 8.TeslaUS
  9. 9.US Department of Agriculture
  10. 10.World Trade Organization
  11. 11.Best Buy
  12. 12.Chinese Communist PartyCN

persons

  1. 1.Donald TrumpUS
  2. 2.Claudia SheinbaumMX
  3. 3.Justin TrudeauCA
  4. 4.Alan Rappeport
  5. 5.Ian Austen
  6. 6.Xi JinpingCN
  7. 7.Angel Cervantes
  8. 8.Annie Correal
  9. 9.Brian CornellUS
  10. 10.Carlos Barria
  11. 11.Chris WestonAU
  12. 12.Corie BarryUS

technicals

  1. 1.Eurozone
  2. 2.United States–Mexico–Canada Agreement
  3. 3.North American Free Trade Agreement
  4. 4.Oval Office
  5. 5.Silicon Valley