Global Tariff Escalation
The US proposes duties on Morocco, China slams tariffs on Canadian pea starch, and Brazilian beef exports face steep new levies as global trade tensions intensify.
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- ALERTChina demands cancellation of US forced-labour tariffs, warns of trade escalation
Beijing's commerce ministry rejects the new duties as politically motivated, adding to uncertainty for global supply chains already strained by the broader tariff regime on 60 nations.
The Hindu - ALERTChina warns of trade war as US imposes tariffs on 60 nations
Beijing's sharp rebuke of the latest US levies, justified by forced labour claims, signals a deepening rift that threatens to disrupt global supply chains and widen market volatility.
NPR - MARKETUS imposes 12.5% tariffs on 60 nations over forced labour claims
Washington replaces expiring temporary levies with permanent duties on imports from Nigeria and 59 other countries, citing supply-chain coercion risks.
Thedailystar - MARKETUS proposes 12.5% tariff on Morocco over forced-labour import rules
The move targets Rabat’s lack of a ban on forced-labour imports, threatening the 2006 free-trade pact and adding to a broader US tariff wave on 60 economies.
The Rio Times - EVENTBrazilian beef exports to China face 67% tariff as quota fills, plants idle
The sudden duty hike threatens to disrupt supply chains for a key agricultural export, compounding Brazil's ongoing trade rebalancing away from the US.
The Rio Times - EVENTChina imposes 73.5% preliminary tariff on Canadian pea starch
Beijing cites dumping and material injury to domestic producers in a move that escalates trade friction with Ottawa.
Global News - CB MEETINGBank of Canada rate decision (press conf.) CA high
Title actor match
- CB MEETINGBank of Canada rate decision (press conf.) CA high
Title actor match