Major economies step up measures for Trump's tariff plan; 'world trade tensions to grow'

Not only [with regard to the] market[s] but tourism and investment were also affected by geopolitics,

Ortiz-Luis said

Chinese prices are so low. Even adding the 10 percent will not stop the US from buying from China,

Ortiz-Luis claimed

Under the new Trump administration, we are optimistic about renewed interest in a possible Philippines-United States FTA (free trade agreement),

Trade Secretary Cristina Roque told a forum last Tuesday

This is what will happen to you, too, unless you succumb."

The Colombian row was timed to take place before the major tariff wars with Canada, Mexico and China, as a demonstration effect to other trade partners, with the tacit message

This is an opportunity to craft a new generation trade agreement that not only expands market access but also upholds the highest standards of labor rights, environmental protection and social inclusivity,

she added

Overall, an international trade war is not going to be good for a trading nation, ... We probably have more to lose from a trade war than we have to gain."

the chief executive of the Perth-based Association of Mining and Exploration Companies, Warren Pearce, said, noting

We would consider all of the options are available to Canada because Canada is a country that believes in a rules-based trading system,

Ng said

Phạm Minh Chínhvietnamese Prime Minister

A trade war, if any, would disrupt supply chains and hinder exports, thus it is necessary to put forward measures to swiftly deal with such a war in order to sustain the country's growth momentum in 2025,

Pham said ... according to the Vietnamese government website on Wednesday

Li Yong (poet)calligrapher known for his semi-cursive style and a nobility in the Tang Empire (678-747)

Imposing tariffs as a bargaining chip in the US's deal-making with the rest of the world will only be deal breakers. It lacks practical feasibility and goes against economic principles, and eventually it will harm America's economic interests,

Li said

China is willing to work with relevant countries to clearly advocate free trade and multilateralism, jointly respond to the challenges of unilateralism and trade protectionism, and maintain the orderly and stable development of international trade,

the spokesperson said

Canada could challenge Washington at the WTO if tariffs were imposed,

per the

Tariffs are very powerful, both economically and in getting everything else you want,

he told reporters this week

Yes, tariffs are coming,

he said

President Trump is taking bold action to hold Mexico, Canada, and China accountable to their promises of halting illegal immigration and stopping poisonous fentanyl and other drugs from flowing into our country,

a White House fact sheet reads

We are working earnestly with our trading partners, including the US, to ensure that trade remains a driving force for prosperity,

she said

I’ll be announcing that next week — on reciprocal trade — so that we’re treated evenly with other countries. We don’t want any more or any less,

Trump told reporters in the Oval Office, adding

I think that’s the only fair way to do it. That way, nobody’s hurt. They charge us. We charge them. It’s the same thing,

Trump said

It's a very big deal ... We have cases where we don't supply autos and other countries do,

he said

Probably reciprocal tariffs where a country pays so much or charges us so much, and we do the same ... so very reciprocal,

he said

As US trade measures potentially escalate, other affected economies are also formulating response strategies, which could lead to disruptions in the global trade system, particularly weakening the role of international institutions such as the WTO,

said Cui