Tariffs

Ecuador Imposes 27% Tariff on Mexican Imports, Redefining Trade Ties

Ecuador announced a 27% tariff on Mexican imports to address trade imbalances and safeguard local industries. This follows strained Ecuador-Mexico relations and precedes Ecuador's general election, hinting at political motives.…

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Lasted Tariffs

Ontario Premier Doug Ford Raises Electricity Export Fees to U.S. by 25%

Ontario has introduced a 25% surcharge on electricity exports to the U.S., announced by Premier Doug Ford on March 10,…

Trump Hints at Higher Tariffs on Mexico, Canada; Won’t Dismiss Recession

President Donald Trump suggested tariffs on Mexico and Canada might increase and avoided dismissing the possibility of a recession. These…

Donald Trump Claims India Lowered Tariffs After Being Called Out

On March 7, 2025, US President Donald Trump claimed India agreed to reduce tariffs on U.S. exports after being pressured.…

Trump Hints at New Tariffs on Canadian Dairy and Lumber

U.S. President Donald Trump announced potential new tariffs on Canadian dairy and lumber products, expected to be implemented as early…

Cross-Border Shoppers Face 25% Surtax on U.S. Goods Returning to Canada

Starting March 4, 2025, Canada imposed a 25% surtax on various goods purchased in the U.S., impacting cross-border shoppers upon…

Doug Ford’s Ontario to Start 25% Tax on U.S.-Bound Electricity

Ontario will impose a 25% surcharge on electricity exports to the U.S. starting March 6, 2025. Premier Doug Ford announced…

Trump Plans to Delay Tariffs on Mexican Goods in Trade Deal Move

On March 6, 2025, President Donald Trump announced a one-month postponement of tariffs on Mexican goods included in the U.S.-Mexico…

US Automakers Get One-Month Break from New Tariffs on Mexico, Canada

On March 5, 2025, President Donald Trump granted a one-month exemption for U.S. automakers from new tariffs on imports from…