試す - 無料

Trump metals tariffs draw swift retaliation from Canada and EU

Financial Express Mumbai

|

March 13, 2025

PRESIDENT DONALD TRUMP'S increased tariffs on all US steel and aluminum imports took effect on Wednesday, stepping up a campaign to reorder global trade in favor of the US and drawing swift retaliation from Canada and Europe.

- DAVID LAWDER, ANDREA SHALAL & PHILIP BLENKINSOP

Trump's action to bulk up protections for American steel and aluminum producers restores effective tariffs of 25% on all imports of the metals and extends the duties to hundreds of downstream products, from nuts and bolts to bulldozer blades and soda cans. US commerce secretary Howard Lutnick said nothing could stop the tariffs and Trump would impose trade protections on copper as well.

Canada, the biggest foreign supplier of steel and aluminum to the United States, announced 25% retaliatory tariffs on goods including steel, aluminum, computers, sports equipment and other products worth C$29.8 billion in total.

Financial Express Mumbai からのその他のストーリー

Financial Express Mumbai

Second Fund of Funds for startups soon, says Goyal

THE FORMULATION OF guidelines for operationalisation of second Fund of Funds for startups (FFS) is at an advanced stage and will be rolled out very soon, Commerce and Industry Minister Piyush Goyal said on Friday.

time to read

1 min

January 17, 2026

Financial Express Mumbai

Ties reset: Canada, China slash EV, canola tariffs

BREAKING WITH THE United States, Canada has agreed to cut its 100% tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Friday.

time to read

1 min

January 17, 2026

Financial Express Mumbai

Wipro profit falls 4% on Labour Code hit of ₹303 cr

THE COUNTRY’S FOURTH largest IT services firm, Wipro, on Friday reported a sequential decline in net profit for the October-December quarter even as revenue rose ahead of Street estimates, with earnings weighed down by onetime Labour Code-related charges and restructuring costs.

time to read

2 mins

January 17, 2026

Financial Express Mumbai

India Inc lines up for ₹7.2K-cr rare earth scheme

RIL, Adani Group, JSW, Maruti attend stakeholder consultation to understand its scope & design

time to read

2 mins

January 17, 2026

Financial Express Mumbai

EU FTA will be mother of all deals: Goyal

THE FREE TRADE agreement that is close to being finalised with the European Union (EU) will be the mother of all trade deals India has signed so far, Commerce and Industry Minister Piyush Goyal said Friday.

time to read

2 mins

January 17, 2026

Financial Express Mumbai

Sebi proposes ‘netting of funds’ for FPIs in cash mkt

THE SECURITIES AND Exchange Board of India (Sebi) on Friday proposed allowing large foreign portfolio investors (FPIs) to settle only the net value of their trades instead of each transaction — a move that is expected to cut funding cost for these investors.

time to read

2 mins

January 17, 2026

Financial Express Mumbai

Liquidate fixed deposit to pay outstanding credit card dues

I have outstanding due on my credit card of ₹1.5 lakh.

time to read

2 mins

January 17, 2026

Financial Express Mumbai

RIL misses Street's profit estimates

Retail, upstream weakness offsets O2C gains

time to read

2 mins

January 17, 2026

Financial Express Mumbai

TechM Q3 profit slips 6% on Labour Code impact

TECH MAHINDRA POSTED a 6% sequential decline in net profit for the third quarter of the current fiscal, reporting a profit of ₹1,122 crore compared with ₹1,195 crore in Q2.

time to read

2 mins

January 17, 2026

Financial Express Mumbai

Coal gasification likely to see a ₹50,000-cr incentive push

THE UNION BUDGET for 2026-27 is set to signal a major pivot in India’s coal policy with the government preparing to anchor a nearly ₹50,000-crore incentive push for coal gasification -- one of the largest clean-coal interventions -- as it looks to cut import dependence for energy.

time to read

3 mins

January 17, 2026

Listen

Translate

Share

-
+

Change font size