Canada hits US with billions in retaliatory tariffs in steel row

Canada hits US with billions in retaliatory tariffs in steel rowCanada hit back at steep US tariffs on aluminum and steel on Thursday, announcing retaliatory duties on up to Can$16.6 billion (US$12.8 billion) in American imports. “These tariffs are an affront to the long standing security partnership between Canada and the United States, and in particular, an affront to the thousands of Canadians who have fought and died alongside their American brothers in arms,” he said, noting the US national security justification for its measures. The Canadian tariffs, which Foreign Minister Chrystia Freeland said are proportional to the US duties, will be applied to US steel and aluminum as well as consumer products from July 1.


Source: Yahoo! News

UK could launch retaliatory cyber attack on Russia if infrastructure targeted – Sunday Times

UK could launch retaliatory cyber attack on Russia if infrastructure targeted - Sunday TimesBritain would consider launching a cyber attack against Russia in retaliation if Russia targeted British national infrastructure, the Sunday Times reported, citing unnamed security sources. Britain’s relations with Russia are at a historic low, after it blamed Russia for a nerve agent attack on former Russian spy Sergei Skripal and his daughter in England, prompting mass expulsions of diplomats. Russia has denied involvement, and on Saturday also condemned strikes against Syria by Western powers, which Britain took part in.


Source: Yahoo! News

It's Not Just China's Retaliatory Tariffs That Should Worry US Businesses

  1. It’s Not Just China’s Retaliatory Tariffs That Should Worry US Businesses  TIME
  2. Trump to target Chinese tech products for import tariffs  VentureBeat
  3. China Calls for Trade Talks as Retaliatory Tariffs on US Goods Take Effect  Fortune
  4. Opinion: Trump’s long game with China: Who will dominate artificial intelligence?  MarketWatch
  5. Trade war escalates as China says it will impose tariffs on 128 US exports, including pork and fruit  Chicago Tribune
  6. Full coverage


Source: Google News

China slaps retaliatory tariffs on 128 US imports

China slaps retaliatory tariffs on 128 US importsChina on Monday imposed new tariffs on 128 US imports worth $3 billion, including fruits and pork, in retaliation to US duties on steel and aluminium, fuelling fears of a trade war. Beijing’s move, which the Xinhua news agency said was decided by the custom tariffs commission of the State Council, follows weeks of heated rhetoric and threats between the world’s two biggest economies. President Donald Trump has repeatedly railed against China’s massive trade surplus over the United States, promising during the US election campaign to slash the US deficit.


Source: Yahoo! News

Russia summons Western diplomats to set out retaliatory steps in spy rift

  1. Russia summons Western diplomats to set out retaliatory steps in spy rift  Reuters
  2. Russia Retaliates, Expels 60 American Diplomats After US Action  NPR
  3. US consulate staff in St. Petersburg prepare to leave  Washington Post
  4. If we want to stop Putin, we need to go after his sources of money  CNN
  5. Russia, Migrants, Malala: Your Friday Briefing  New York Times
  6. Full coverage


Source: Google News