President Donald Trump announced a new trade agreement with South Korea, setting a 15% tariff on Korean imports—lower than the 25% that would have taken effect without a deal. In return, South Korea will invest $350 billion in U.S. projects selected by Trump and purchase $100 billion in American energy products. The agreement also includes …
President Donald Trump has announced a 30-day suspension of planned 25% tariffs on imports from Canada and Mexico after both countries pledged to enhance border security and combat drug trafficking. Canadian Prime Minister Justin Trudeau introduced a $1.3 billion border initiative, including a fentanyl czar and joint task force with the U.S., while Mexican President …
President-elect Donald Trump has announced plans to impose substantial tariffs on imports from Mexico, Canada, and China. He intends to implement a 25% tariff on products from Mexico and Canada, citing concerns over illegal immigration and drug trafficking. Additionally, a 10% tariff on Chinese goods is planned, targeting China’s alleged failure to curb fentanyl exports …