Trump doubles tariffs on Canadian steel and aluminum to 50%, US market slumps as recession fears grow – The Times of India

Trump doubles tariffs on Canadian steel and aluminum to 50%, US market slumps as recession fears grow – The Times of India

US President Donald Trump (Photo-AP) US President Donald Trump escalated trade tensions with Canada on Tuesday by doubling tariffs on steel and aluminum imports from 25% to 50%, citing price hikes on electricity by Ontario’s provincial government as the reason for the move.“I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff,…

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Potential India-US trade deal will iron out impact of Trump tariffs: Report | India News – The Times of India

Potential India-US trade deal will iron out impact of Trump tariffs: Report | India News – The Times of India

NEW DELHI: A potential India-US trade deal will iron out the impact of Trump tariffs, according to a report by Nirmal Bang Equities.The report stated that as the United States, under President Donald Trump, continues to impose tariffs on global trade, India is also feeling the pressure. However, the Indian government is taking steps to…

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