The cost of using the Panama Canal has risen in recent years — excessively so, President Trump has asserted. The canal operator says droughts, investments in upgrades and sheer demand are among the reasons. But if Mr. Trump wrests lower canal fees out of Panama, American consumers may not feel much difference, because canal costs … Read more
As President Trump was locked in a war of words with the leader of Colombia over the military deportation of migrants, China’s ambassador to Colombia declared that relations between Beijing and Bogotá were at their “best moment” in decades. Zhu Jingyang, the ambassador, later said that it was a coincidence that he posted his comment … Read more
Russia’s full-scale invasion of Ukraine three years ago convinced Europe’s leaders that they needed to spend more money on defense. On Monday, leaders from across the European Union and Britain will meet in Brussels to debate a vexing question: how to pay for it. It is a concern made more acute by President Trump’s return … Read more
Markets around the world braced for volatile trading on Monday as investors began to assess the potential fallout from President Trump’s announcement of tariffs on Mexico, Canada and China. On Monday morning, markets in Japan and South Korea opened more than 2 percent lower. Overnight trading on Wall Street pointed to a sharp slide for … Read more
The United States and its biggest trading partners were hurtling on Sunday into a new era of protectionism as Canada, Mexico and China said they would adopt countermeasures against new tariffs levied by President Trump. From honey to tomatoes, and from clothes to toilet bowls, a wide range of American goods that cross the border … Read more
Prime Minister Benjamin Netanyahu of Israel was traveling to Washington on Sunday for meetings this week with President Donald J. Trump and senior administration officials at a pivotal moment for the Middle East. Mr. Trump has made it clear that he wants the wars in the Middle East to end after the October 2023 Hamas-led … Read more
President Trump’s decision on Saturday to impose new tariffs on imports from China poses a dilemma for Beijing’s leaders: Is it better to ignore the new tariffs or retaliate? Doing little runs the risk of looking weak in the eyes of the Chinese people. China’s extensive domestic propaganda apparatus has described China as a rising … Read more
New Delhi: Canada’s Prime Minister Justin Trudeau and Mexico’s President Claudia Sheinbaum were quick to respond to US President Donald Trump’s tariffs with their own measures, with the tit-for-tat moves likely to impact global supply chains significantly. Trudeau said Canada will impose 25 per cent tariffs on Canadian $155 billion in US imports, adding that … Read more
Almost all automakers are going to feel a pinch from the new tariffs imposed by President Trump on Saturday on goods imported from Canada, Mexico and China. Auto manufacturers ship tens of billions of dollars worth of finished automobiles, engines, transmissions and other components each week across the U.S. borders with Canada and Mexico. Billions … Read more
President Trump on Saturday ordered 25 percent tariffs on all Mexican exports to the United States and a similar levy on all Canadian goods, except for a 10 percent tariff on Canadian energy. His move sent shock waves through both nations, whose leaders have warned that the tariffs will harm all three countries and disrupt … Read more