Trump threatens further tariffs as EU, Canada retaliate for those already in place

The first thing we're paying attention to is the new administration: pro-growth, less regulation. We're here for it. We love it,

Wolf said

For years, NAHB has been leading the fight against tariffs because of their detrimental effect on housing affordability,

the association wrote in a blog post published last week

Will there be some pain?”

he asked in February

The subsidies allowed China to come in at an artificially low price. And that has roiled the aluminum industry globally and in particular in the United States,

said Paul

It really is the magic metal,

said Charles Johnson, president and CEO of the Aluminum Association

When you consider a $40,000 car or something like that, it might increase the price by about $75,

said Scott Paul, president at the Alliance for American Manufacturing, an advocacy and lobbying group

It is not clear where the Trump administration's current path of 'shock and awe' is supposed to lead,

the former International Monetary Fund chief economist wrote in Project Syndicate this week

Markets are unnerved by the punishment that the administration, convinced that the U.S. is a victim, is willing to inflict on close allies,

he concluded

The risk that stuff starts to come under pressure and becomes a structural issue in the markets is not something I would, by any means, underplay."

Referring to exorbitant privilege, Kasman added

Whatever they charge us, we're charging them,

Trump told reporters at the White House

The claim that the dollar's attractiveness is an exorbitant burden rather than an exorbitant privilege is unpersuasive, especially when those making such arguments are so reluctant to give up the burden,

he said, referring to the administration's regular support for the dollar's global status while promoting policies that undermine it

Justin Trudeauprime Minister

We are going to stand up for our workers, and we are going to make sure the American people understand that their leadership’s decisions have consequences,

Trudeau said earlier this week

The US can’t realistically onshore enough of these commodities, so the duties mainly create economic pain for American consumers and key trading partners,

Nadjibulla told Al Jazeera

Fernando Haddadfinance Minister

President Lula told us to remain calm, noting that in the past we have negotiated under conditions that were even more unfavourable than the current ones,

Finance Minister Fernando Haddad told reporters on Wednesday

No one wins in a trade war or a tariff war,

the spokesperson said

And we give so much help militarily and in so many other ways to South Korea. But that’s what happens,

Trump said during his address to the US Congress earlier this month

We firmly believe that in a world fraught with geopolitical and economic uncertainties, it is not in our common interest to burden our economies with tariffs,

he said on Wednesday

When large economies engage in tit-for-tat tariff escalations, the risk of a global trade slowdown looms larger,

she said

Human behavior is very difficult to model and predict. Trade economists had it pretty easy for 30 years. But we don’t have models for this new world,

said McDaniel

They understand tariffs are bad for their economies. That could be a natural break in this tit-for-tat,

said Lovely