China‘s exports to the United States fell 13.2% in 2024 compared to 2017, the year before the first major tariff impacts on U.S. imports from China were implemented. With this, Chinese external sales of products to the U.S. market fell from $505.47 billion in 2017 to $438.947 billion
The OECD ranked the main changes in Mexico‘s services trade policy over the last decade. Nine of the following 10 changes were selected by the OECD, corresponding to the period between 2014 and 2023. Services trade policy The changes were included in the report OECD Services Trade Restrictiveness
Canacero called for retaliatory tariffs as a countermeasure to the 25% across-the-board tariff ordered by President Donald Trump. The European Union and other leading U.S. trading partners have criticized President Trump’s decision. Trump decided to re-impose national security tariffs on steel and aluminum exports. The White House announced
Mexico, Canada and China were, in descending order, the top exporters of auto parts to the United States in 2024. From around the world, the United States imported automotive parts with a customs value of $192.397 billion in 2024, registering a year-over-year increase of 2.3%, according to Commerce
The Mexican government did not announce on Monday retaliatory tariffs against the United States for the 25% general tariff ordered the day before by President Donald Trump on U.S. steel and aluminum imports. In a conference at the National Palace, Mexican President Claudia Sheinbaum did not immediately react
What are the top 10 facts about the U.S. steel tariffs ordered by President Donald Trump on Monday? These import taxes will spark trade wars around the world, because many affected countries will predictably respond with retaliatory tariffs. Here are the top 10 facts about U.S steel tariffs: