Trump's Tariffs Spark Global Trade Tensions

Canadian Prime Minister Justin Trudeau, not Mark Carney, is facing scrutiny over his handling of trade negotiations with the US, particularly after backing down on a Digital Services Tax (DST) and other concessions. Despite this, many Canadians remain united against Trump's tariffs, and experts believe Canada still has leverage in the negotiations due to its strategic importance to US manufacturers and consumers.

The EU and Mexico have criticized US President Donald Trump's threat to impose 30% tariffs on their imports starting August 1. Both parties expressed disappointment and insisted on continuing negotiations. Trump warned of higher tariffs if they retaliate, escalating a trade conflict.

The article discusses how former US President Donald Trump is using tariffs as a political weapon, specifically in relation to Brazil and its former president Jair Bolsonaro. It also touches on various other global news stories, including Russia's drone attacks on Ukraine, the situation in Gaza, and Trump's interactions with Russian President Vladimir Putin.

US President Donald Trump has announced a 30% tariff on imports from the European Union, effective August 1, citing the US trade deficit as a national security threat. The EU has threatened to adopt 'proportionate countermeasures' in response, with European Commission President Ursula von der Leyen stating that the bloc remains ready to work towards an agreement. Trump has also imposed a 30% tariff on goods from Mexico.

The article discusses President Trump's recent threats to impose new tariffs on several countries, including the European Union, Mexico, Canada, and Brazil. Trump announced plans to impose 30% tariffs on goods from the EU and Mexico, and 35% on goods from Canada. He also threatened a 50% tariff on imports from Brazil and copper imports. The tariffs are part of Trump's ongoing efforts to 'rewire the global economy' and protect American industries. The article highlights the potential impact of the tariffs on trade balances, markets, and American businesses.