protectionist policies
Canadian PM Mark Carney Apologizes to Trump Over Reagan Anti-Tariff Advertisement: Diplomatic Tensions Rise
Nov 01, 2025 08:32 pm CST
Canadian Prime Minister Mark Carney has formally apologized to US President Donald Trump following a controversial advertisement featuring former President Ronald Reagan's anti-tariff statements. The diplomatic incident resulted in Trump suspending trade talks and imposing an additional 10% tariff on Canadian imports, highlighting growing tensions in US-Canada trade relations despite personal rapport between the leaders.
92% US Tariff Threatens Italian Pasta Industry: Trump's Protectionist Policy Impacts Major Brands
Oct 10, 2025 04:47 pm CST
Italian pasta manufacturers face potential crisis as President Trump announces 92% tariffs on major brands including Rummo, La Molisana, Garofalo, and Barilla. Set to begin in January 2026, these measures threaten to double consumer prices and significantly impact Italy's €4 billion pasta export industry, despite close political ties between Italian leadership and the US administration.
Modi and Starmer Champion Free Trade Cooperation Amid Rising Global Protectionism
Oct 10, 2025 02:58 pm CST
Prime Minister Narendra Modi and UK Prime Minister Keir Starmer strengthen bilateral trade relations through a landmark agreement expected to increase two-way trade by 39% over 15 years, demonstrating their commitment to free trade principles despite rising global protectionism and US tariff challenges. The visit secured £1.3 billion in Indian investments for the UK while deepening cooperation across technology, education, defense, and critical minerals sectors.
Trump's 100% Pharmaceutical Tariffs Face EU Resistance Citing Trade Deal Immunity
Sep 26, 2025 08:44 pm CST
President Trump has announced steep new tariffs on pharmaceuticals and other imported goods, with the EU claiming immunity under a previous trade agreement. The measures include a 100% tariff on pharmaceutical products, 25% on heavy trucks, and significant tariffs on furniture and kitchen products. These protectionist policies aim to rebuild US manufacturing but have sparked concerns about inflation and supply chain disruptions among international allies and trading partners.
US Team To Land Today, Stalled Trade Talks Likely To Resume: Sources
Sep 16, 2025 12:13 am CST
Talks over an India-United States bilateral trade agreement - stalled over access to India's price-sensitive agriculture and dairy markets - will resume tomorrow, sources told NDTV Monday afternoon.