While Canada was spared from further tariffs — for now — N.L. plans to hold its ground
Newfoundland and Labrador Premier Andrew Furey vows to keep U.S. alcohol off of liquor store shelves. Meanwhile, seafood entrepreneur Danny Dumaresque says he'll continue to look outside of the U.S. for new markets.
#politics #trade #alcohol #seafood #Canada #Newfoundland
https://www.cbc.ca/news/canada/newfoundland-labrador/furey-us-trade-war-1.7500793?cmp=rss
A further impact of the Liberation Day tariffs, may be the result of China redirecting its exporting efforts... some in the EU suspect that to maintain their economies of scale Chinese firms will start to reduce prices to gain further traction in European markets.
If so, the likely result may well be a move to raise EU tariffs against Chinese imports, thereby (as I have posted on already) enhancing the pressures on regionalisation of trade blocs (in this case the EU).
For years economists have argued the key to a revival of economic development across the African continent is the reduction of barriers to trade *within* Africa.... as many countries find their exports to the US market constrained by the Liberation Day tariffs, further multilateral reductions in trade barriers across Africa (both for goods & services) look sensible.
Its an ill wind that blows no good & this might be a prompt for some helpful moves across Africa.
Nintendo has said it is delaying preorders of its hotly anticipated Switch 2 gaming console as it assesses the fallout from the Trump administration's trade tariffs. https://www.japantimes.co.jp/business/2025/04/05/tech/nintendo-switch-preorders-delay-tariffs/?utm_medium=Social&utm_source=mastodon #business #tech #nintendo #videogames #switch #donaldtrump #us #tariffs #trade #tradewar
Given U.S. #consumption is so important globally (two-thirds bigger than #EU consumption!) the #world 's #governments have now few options to counter #Trump 's #trade #war : #state #subsidies to impacted sectors and #economic or #fiscal stimulus to avoid #recession (both triggering higher public #debt ), counter-tarrifs, and new free-trade agreements with other countries. In most cases it will be a mixture of all and reconfigure #global trade flows and #market mecanisms.
Prime Minister Shigeru Ishiba has told other political party leaders that arrangements are underway to hold telephone talks with U.S. President Donald Trump following his tariff moves. https://www.japantimes.co.jp/news/2025/04/05/japan/politics/ishiba-trump-us-japan-tariffs-call/?utm_medium=Social&utm_source=mastodon #japan #politics #shigeruishiba #donaldtrump #usjapanrelations #tariffs #trade
U.S. trading partners have few good options in their trade war with President Donald Trump, other than to sue for peace. https://www.japantimes.co.jp/business/2025/04/05/economy/trump-trade-tariffs-allies/?utm_medium=Social&utm_source=mastodon #business #economy #trade #donaldtrump #us #tariffs #tradewar #china
Much has been said about what Trump’s ‘Liberation Day’ tariffs mean for the global liberal order. But what do they mean for everyday American consumers? And what could be its fiscal impact?
Today's Number Theory breaks it down.
Read on HT app: https://is.gd/NUmU7y
A deal to spin off the U.S. assets of TikTok was put on hold after China indicated it would not approve the deal following U.S. President Donald Trump's tariffs announcement this week. https://www.japantimes.co.jp/business/2025/04/05/tech/tiktok-us-china-deal-tariffs/?utm_medium=Social&utm_source=mastodon #business #tech #tiktok #us #china #socialmedia #donaldtrump #tariffs #trade #tradewar
Donald Trump’s Ego Melts the Global Economy https://www.byteseu.com/894920/ #Audio #DonaldTrump #economy #globalization #StockMarkets #tariffs #trade
B.C. premier seeks to assure forest industry as U.S. trade war intensifies
Canadian forestry was spared in President Donald Trump's latest round of tariffs, but softwood lumber could still see duties surge as the U.S. targets the industry in other ways.
#trade #politics #forestry #tariffs #BC #US
https://globalnews.ca/news/11116219/bc-softwood-us-trade-war/
Trump's tariffs put US-China TikTok deal in doubt
Sources say a deal to spin off the US assets of TikTok has been put on hold, with China indicating it will not approve the deal following US President Donald Trump's tariffs announcement.
https://www.abc.net.au/news/2025-04-05/trump-tariffs-put-us-china-tiktok-deal-in-doubt/105141636
If I worked for #Putin, all I’d want to see happen in the US is:
—> Get rid of competent leadership in the #military, and everywhere else
—> Destroy American domination of world #trade, driving allies to turn to #Russia
—> Enfeeble the US #economy
—> Divide the American people
—> Weaken #democracy and #democratic institutions
It’s almost like the titular #President of the United States is under the control of the dictator of Russia.
Turkey wants to negotiate to lift 10% additional US tariffs https://www.byteseu.com/894831/ #economy #trade #Turkey
Global stock markets plummeted further Friday after China said it would strike back at U.S. President Donald Trump with additional tariffs of 34% on U.S. goods, escalating a trade war that has fed fears of a recession. https://www.japantimes.co.jp/business/2025/04/05/economy/trump-global-stocks-slump-tariffs/?utm_medium=Social&utm_source=mastodon #business #economy #donaldtrump #us #trade #tariffs #tradewar #china #stocks
Trump didn't give India a tariff exemption. Is the Modi bromance dead?
By Ellie Grounds
Donald Trump and Indian Prime Minister Narendra Modi formed a bromance but can their MEGA partnership continue with the US president's new tariffs regime coming in?
U.S. and Canadian fans put trade war aside for Detroit Tigers home opener
In the midst of a trade war, the Windsor-Detroit relationship was put the test during the Detroit Tigers home opener. While some Canadian fans have sworn off visiting the U.S. during a trade war, many didn't want to let politics stand in the way of a time-honoured tradition.
#baseball #sports #politics #trade #Detroit #Windsor
https://www.cbc.ca/player/play/9.6712814?cmp=rss
