On April 2, US President Donald Trump announced tariffs on products coming into the US from countries around the world. The tariffs mark a big change in international trade, and have already had huge negative effects worldwide.
Posts tagged as “tariffs”
On Sunday, Mark Carney was chosen as the new leader of Canada's Liberal Party. He will replace Justin Trudeau as Canada's prime minister. Mr. Carney has worked in important banking jobs, but has never held a political office. He will face many challenges, including a possible trade war with the US.
Over the last six weeks, US President Donald Trump has threatened - and then paused - tariffs on Canada and Mexico several times. The threats and pauses aren't only confusing Canada and Mexico. They're also confusing and worrying countries and businesses around the world.
In just two weeks, US President Donald Trump's government has taken a large number of strong actions that are raising concerns around the world. The actions have left many shocked and uncertain about what the future will bring.