Latest Economic policy News
Trudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister says
TORONTO (AP) — Prime Minister Justin Trudeau told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian products, a Canadian minister who attended their recent dinner said Monday. Trump threatened to...
Democrats still don't agree on the seriousness of their political problem after election defeat
NEW YORK (AP) — Nearly a month after a devastating election loss that exposed cracks in the very foundation of their party, Democrats remain deeply divided over the extent of their political problem — or even if they have one. A number of Democratic leaders are downplaying the...
Canada's Trudeau returns home after Trump meeting without assurances that tariffs are off the table
WEST PALM BEACH, Fla. (AP) — Canadian Prime Minister Justin Trudeau returned home Saturday after his meeting with Donald Trump without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner. Trump called the talks...
Canadian Prime Minister Trudeau flies to Florida to meet with Trump after tariffs threat
WEST PALM BEACH, Fla. (AP) — Canadian Prime Minister Justin Trudeau flew to Florida on Friday to have dinner with President-elect Donald Trump at his Mar-a-Lago club after Trump threatened to impose sweeping tariffs on Canadian products. Trump threatened to impose tariffs on...
Donald Trump's call for 'energy dominance' is likely to run into real-world limits
WASHINGTON (AP) — President-elect Donald Trump is set to create a National Energy Council that he says will establish American “energy dominance” around the world as he seeks to boost U.S. oil and gas drilling and move away from President Joe Biden’s focus on climate change. ...
Okonjo-Iweala given 2nd term as WTO chief as Trump's return looms over trade body's future
GENEVA (AP) — The World Trade Organization chief said Friday she's “eager” to work with U.S. President-elect Donald Trump and his trade team, while taking a wait-and-see stance about Trump's plans to impose new tariffs on goods from other countries including China, Mexico and Canada. ...
Trump's tariffs in his first term did little to alter the economy, but this time could be different
WASHINGTON (AP) — Donald Trump loved to use tariffs on foreign goods during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries. The data show they never fully delivered on his promised...
Avocados, tequila and other iconic Mexican products are jeopardized by Trump's tariff threats
URUAPAN, Mexico (AP) — Mexicans are worried that threats by Donald Trump to impose 25% tariffs could affect a wide range of iconic Mexican products and threaten entire regional economies. In western Mexico, no crop supplies an income for so many small growers as avocados. But...
Trump claims a win on immigration after a call with Mexico's president. But she suggests no change
WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump declared a win on stopping illegal immigration through Mexico on Wednesday after talking with that country’s leader. But Mexican President Claudia Sheinbaum suggested Mexico was already doing its part and had no interest in closing its...
Canada is already examining tariffs on certain US items following Trump's tariff threat
TORONTO (AP) — Canada is already examining possible retaliatory tariffs on certain items from the United States should President-elect Donald Trump follow through on his threat to impose sweeping tariffs on Canadian products, a senior official said Wednesday. Trump has threatened...
