Economy

Analyst at Singapore’s ISEAS–Yusof Ishak Institute

17 Apr 2025 3 2

Lynn Kuok

Inserted 1 day ago

“Chinese officials have quietly conveyed that the way the U.S. treats its longstanding allies and partners in Europe is a sign of what's to come for Southeast Asia. With Trump's steep, sweeping tariffs across the region, that message needs no reinforcement.”

Lee Kuan Yew Chair in Southeast Asia Studies at the Brookings Institution

17 Apr 2025 5 4

Christopher Beddor

Inserted 1 day ago

“It [tariff of 145% on all Chinese goods] makes a fairly bad situation worse. The economy has been grinding through one deflationary shock for several years now, and there is another shock that is imminent. The trade war is going to leave some sort of hole in the economy.”

Deputy China research director at Gavekal Dragonomics

17 Apr 2025 3 4

Kristalina Georgieva

Inserted 1 day ago

“Our new growth projections will include notable markdowns, but not recession. We will also see markups to the inflation forecasts for some countries. Ultimately, trade is like water. When countries put up obstacles in the form of tariff and non-tariff barriers, the flow diverts. Some sectors in some countries may be flooded by cheap imports; others may see shortages. Trade goes on, but disruptions incur costs.”

Managing Director of the International Monetary Fund

17 Apr 2025 7 2

Jerome Powell

Inserted 1 day ago

“We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension. If that were to occur, we would consider how far the economy is from each goal, and the potentially different time horizons over which those respective gaps would be anticipated to close.”

Federal Reserve Chair

16 Apr 2025 2 2

Rush Doshi

Inserted 2 days ago

“What is the Trump administration's grand strategy for China? They don't have a grand strategy yet. They have a range of disconnected tactics. I remain hopeful that Mr. Trump could reach deals with Japan, South Korea, India, Taiwan and the European Union that would allow them to confront Chinese trade practices together, attract allied investment in U.S. industry and increase security ties. If you are up against someone big, you need to get bigger scale - and that's why we need our allies to be with us.”

One of America's leading China strategists, now at the Council of Foreign Relations and Georgetown University

15 Apr 2025 8 2

Anastassia Fedyk

Inserted 3 days ago

“I think it's [rising Treasury yields] a pretty serious indicator of concern. It's not necessarily the case that investors expect the US government to be unable to repay its debts in the near term, but investors are facing a lot of uncertainty with regards to the direction of the US economy. There is still a lot of uncertainty, and the market situation is quite fragile. What will happen at the end of the 90-day pause? How will the trade war with China evolve? For bonds specifically, China is the second-largest foreign holder of US government debt, so one potential escalation could see China strategically unloading some of those positions.”

Assistant professor of finance at the Haas School of Business of University of California Berkeley

15 Apr 2025 9 3

Nguyen Khac Giang

Inserted 4 days ago

“The trip to Vietnam, Malaysia, and Cambodia is all about how China can really insulate itself against the tariffs from Trump. Since Xi became the president in 2013, he has only visited Vietnam twice. But the intensification of the trade war has put Vietnam in a very precarious situation given the impression in the U.S. that Vietnam is serving as a backdoor for Chinese goods.”

Analyst at Singapore’s ISEAS–Yusof Ishak Institute

14 Apr 2025 9 5

Xi Jinping

Inserted 4 days ago

“There are no winners in a trade war, or a tariff war. Our two countries [China and Vietnam] should resolutely safeguard the multilateral trading system, stable global industrial and supply chains, and open and cooperative international environment.”

President of the People's Republic of China

14 Apr 2025 5 4

James Litinsky

Inserted 4 days ago

“Drones and robotics are widely considered the future of warfare, and based on everything we are seeing, the critical inputs for our future supply chain are shut down.”

Executive chairman and chief executive of MP Materials

14 Apr 2025 5 3

Simon Johnson

Inserted 4 days ago

“What the market really didn't like was the random crazy math of the tariffs. It seemed like they didn't know what they were doing and didn't care. It's a whole new level of madness.”

Nobel laureate economist at the Massachusetts Institute of Technology

13 Apr 2025 4 3

Julian Evans-Pritchard

Inserted 5 days ago

“The fact that the Chinese authorities had repeatedly matched U.S. tariff hikes suggested that they were in no rush to negotiate. A partial rollback of tariffs still seems likely at some point. But it is hard to envisage a meaningful reset in the U.S.-China relationship.”

Head of China economics for the research firm Capital Economics

13 Apr 2025 6 5

Richard A. Mojica

Inserted 6 days ago

“Companies are scrambling to mitigate their tariff exposure, particularly those with supply chains involving China. But there are only a few levers they can pull.”

Customs lawyer at Miller & Chevalier

12 Apr 2025 5 2

David Autor

Inserted 6 days ago

“It's one of the largest own-goals in diplomacy and economics and trade that I think we've ever done.”

M.I.T. economist

12 Apr 2025 3 3

Joseph Torigian

Inserted 1 week ago

“Xi has spent his whole career hardening the country for precisely this moment. He likely believes that the Chinese political system is superior to the American one because it has greater cohesion and discipline. He probably thinks the Chinese people will sacrifice for a mission of national rejuvenation. The Chinese population may not be in a sacrificial mood after Covid. The economy has struggled to rebound. I doubt very much that Xi Jinping is blind to that problem. Even if you think you have a strong repressive capacity to hurt doubters and a jingoistic story to rally supporters, economic dislocations are still dangerous because you never know how bad they will get and whether they will turn into something worse.”

Associate professor at American University in Washington who studies elite politics in China

11 Apr 2025 6 5

Xi Jinping

Inserted 1 week ago

“There will be no winners in a tariff war, and going against the world will only isolate oneself. For more than 70 years, China has always relied on self-reliance and hard work for development. It has never relied on anyone's gifts and is unafraid of any unreasonable suppression.”

President of the People's Republic of China

11 Apr 2025 3 4

Kent Jones

Inserted 1 week ago

“If Trump wants to argue that their tariffs on US goods are too high, or they are manipulating their currency values, or they are dumping, or they are using clandestine internal tax systems and regulations to disadvantage US exports, he could document these practices and use US trade laws to justify administrative trade restrictions to correct them.”

Professor emeritus of economics at Babson College, who specialises in trade policy

10 Apr 2025 3 2

Donald Trump

Inserted 1 week ago

“You have to have flexibility. I could say, here's a wall and I'm gonna go through that wall. I'm gonna go through it no matter what. Keep going and you can't go through the wall. Sometimes you have to be able to go under the wall, around the wall, or over the wall. These guys know that better than anybody, right? You got to go around them sometimes, you're not gonna go through them.”

President of the United States

09 Apr 2025 1 3

Sophia Busch

Inserted 1 week ago

“The shift from the Trump administration offers a little bit of a clue of its priorities in its tariff policy. You can see the administration is releasing some pressure on markets, releasing some of the pressure on US businesses, so that it can keep the pressure on China high, with possibly the ultimate goal of getting Beijing to the negotiating table for better terms of trade. However, it may be difficult to reach that goal. I think if the current pattern stands, China will continue to retaliate until there starts to be some kind of progress. We've seen Beijing is very comfortable and has plenty of practice with these kind of coercive economic tools beyond just tariffs. You're looking at US companies getting blacklisted, import bans on US agriculture products like poultry and sorghum. I think Beijing is perfectly comfortable and will continue increasing this kind of pressure on the US until there's some kind of give, or at least a willingness to step back down.”

Aje

Assistant director at the Atlantic Council’s GeoEconomics Center

09 Apr 2025 10 2

Wang Yuesheng

Inserted 1 week ago

“The impact on China is mainly that Chinese products have nowhere to go. That will ravage export-oriented companies making things like furniture, clothing, toys and home appliances along China's eastern seaboard, which largely exist to serve American consumers. These companies will be hit very hard.”

Director of the Institute of International Economics at Peking University

09 Apr 2025 5 3

Scott Kennedy

Inserted 1 week ago

“Trump has never gone into a back-alley brawl where the other side is willing to brawl and use the same kind of tactics as him. For China, this is about their sovereignty. This is about the Communist Party's hold on power. For Trump, it might just be a political campaign.”

Senior adviser at the Center for Strategic and International Studies

09 Apr 2025 3 3

Kristen Saloomey

Inserted 1 week ago

“We're seeing businesses like Walmart readjust their profit predictions for the year, lowering their expectations, and investors responding in kind by selling stocks. Apple, the maker of the iPhone that does a lot of business with China, their stocks continue to be lower. US auto manufacturers are also seeing declines in their shares. Broadly speaking, the market is now about 19 percent lower than its record highs. Analysts are comparing it with the beginning of the pandemic when the market had its last serious rout.”

Aje

Al Jazeera’s journalist reporting from New York City

09 Apr 2025 6 3

Kenneth S. Rogoff

Inserted 1 week ago

“Trump has not articulated where we're going and it's hard to find anyone who's not a paid publicist for him who thinks this is a good idea.”

Former chief economist at the International Monetary Fund - Professor at Harvard University

08 Apr 2025 4 2

Carlos Casanova

Inserted 1 week ago

“Friday was a public holiday in Hong Kong, so what we are seeing is the reaction to Trump's tariffs and China's retaliation. So it's a double whammy. To put this into context, previous retaliatory measures targeted less than 1 percent of China's total imports. The magnitude of the last measures is unprecedented. We're in uncharted territory.”

Senior economist for Asia at UBP in Hong Kong

07 Apr 2025 5 1

Eswar Prasad

Inserted 1 week ago

“It will not be the end of free trade, but it is certainly a retreat from unfettered free trade, which is the way the world seemed to be going. Logically, this would be a time when the rest of the world bands together to promote free trade among themselves. The reality is, it's going to be every country for itself.”

Professor of trade policy at Cornell University

06 Apr 2025 2 1

Keir Starmer

Inserted 1 week ago

“The world as we knew it has gone. Old assumptions can no longer be taken for granted.”

UK Prime Minister

06 Apr 2025 3 4

Bill Ackman

Inserted 1 week ago

“Why wouldn't a pause make sense? The risk of not doing so is that the massive increase in uncertainty drives the economy into a recession, potentially a severe one.”

American hedge fund manager

05 Apr 2025 3 3

Mélanie Joly

Inserted 1 week ago

“We know that the relationship will never be the same again. That's my message to Europeans: The relationship with the U.S. will never be the same. We buy more from the U.S. than the U.K., France, China and Japan combined. When you treat your best client the way we've been treated … it means that you want, fundamentally, to change the way you're operating.”

Politico

Foreign Minister of Canada

04 Apr 2025 3 1

Marco Rubio

Inserted 1 week ago

“Their economies are not crashing. Their markets are reacting to a dramatic change in the global order in terms of trade. The markets will adjust.”

U.S. Secretary of State

04 Apr 2025 5 2

Maximilian Hess

Inserted 2 weeks ago

“The inflationary impact of Trump's tariffs will be felt sooner rather than later, even as some of his team are scrambling to claim there will be negotiations on lowering some of the tariffs. This is because importers and distributors will have to reassess the profitability of the goods they are ordering now. Supply chains may well be further disrupted by countermeasures from the countries affected.”

Fellow at the Foreign Policy Research Institute

03 Apr 2025 8 2

Jay Timmons

Inserted 2 weeks ago

“The stakes for manufacturers could not be higher. Many manufacturers in the United States already operate with thin margins. The high costs of new tariffs threaten investment, jobs, supply chains and, in turn, America's ability to outcompete other nations and lead as the pre-eminent manufacturing superpower.”

President and CEO of the National Association of Manufacturers

03 Apr 2025 7 3

Nick Marro

Inserted 2 weeks ago

“China is likely going to release some type of retaliation against the US … while Japan has said it will also consider some type of retaliatory duties, we expect US agriculture to be mainly in the crosshairs there. That said, a lot of other Asian markets aren't really in a position to retaliate. Places like Vietnam, Malaysia, the Philippines, they have been hit with higher tariffs, but the size of their economy, their dependence on external trade, and the importance of the US as a source of final demand will really constrain their ability to adopt a hawkish attitude here.”

Principal economist for Asia at the Economist Intelligence Unit

03 Apr 2025 11 2

Dario Perkins

Inserted 2 weeks ago

“Most countries will favour other policy levers over retaliatory tariffs. I think that central banks will ease monetary policy [by lowering interest rates to try and boost growth]. Global trade will be a lot weaker and international supply chains will be shortened. The multilateral era is dying.”

Managing director at TS Lombard - a London-based financial research firm

03 Apr 2025 8 2

Donald Trump

Inserted 2 weeks ago

“For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike. Foreign leaders have stolen our jobs. Foreign cheaters have ransacked our factories. And foreign scavengers have torn apart our once-beautiful American dream. April 2, 2025, will forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed. We will charge them approximately half of what they are - and have - been charging us. So, the tariffs will be not a full reciprocal. I could have done that, I guess, but it would've been tough for a lot of countries. We didn't want to do that.”

President of the United States

02 Apr 2025 6 1

Ursula von der Leyen

Inserted 2 weeks ago

“Let me be clear: Europe did not start this confrontation. We think it is wrong. We have everything we need to protect our people and our prosperity. We have the largest Single Market in the world. We have the strength to negotiate. We have the power to push back. And the people of Europe should know: together we will always promote and defend our interests and values. And we will always stand up for Europe. This confrontation is in no one's interest. We will approach these negotiations from a position of strength. Europe holds a lot of cards: from trade to technology to the size of our market.”

Euronews

President of the European Commission

01 Apr 2025 6 3

Jimmy Gomez

Inserted 2 weeks ago

“Trump officials can't help but lie. A tariff is a TAX on working families. Trump's dumb tariffs make everyday goods more expensive, no matter how his admin tries to twist it.”

Aje

American politician serving as the U.S. representative for California's 34th congressional district

31 Mar 2025 4 1

Sigrid de Vries

Inserted 3 weeks ago

“European automakers have been investing in the U.S. for decades, creating jobs, fostering economic growth in local communities, and generating massive tax revenue for the U.S. government. We urge President Trump to consider the negative impact of tariffs not only on global automakers but on U.S. domestic manufacturing as well.”

Director General of the European Automobile Manufacturers' Association (ACEA)

27 Mar 2025 6 3

Robert Habeck

Inserted 3 weeks ago

“It must be clear that we will not back down. Strength and self-confidence are required.”

Germany’s economy minister

27 Mar 2025 4 3

Moritz Kronenberger

Inserted 3 weeks ago

“The belief that prices could be passed on and would be unconditionally accepted by consumers is naive. Car prices in the USA will rise. Only cars manufactured in the USA can be kept somewhat stable, but the entire supply chain will be affected by the tariff disruption. Ultimately, this will lead to declining volumes of new cars, inefficiencies in factory utilisation, and significantly lower margins, free cash flows and ultimately earnings.”

Aje

Portfolio manager at Union Investment in Frankfurt

27 Mar 2025 7 3

Ferdinand Dudenhoeffer

Inserted 3 weeks ago

“Everybody will lose. The Americans will lose; Trump will lose, but especially the German car industry [will lose]. Any gains for US manufacturing - as Trump foresees companies rushing to build cars in the country - will not be immediate because it takes time to build production facilities. Instead, a trade war will raise prices for American consumers and incur losses on the US economy. Trump is looking to cause damage to foreign industries. We should really think of retaliation. There is no solution with Trump on the bargaining table.”

Aje

Head of the Germany-based Center for Automotive Research

27 Mar 2025 8 3

Elizabeth Pancotti

Inserted 1 month ago

“I think the real risk here is that if Trump doesn't reverse course on what he's doing, it could be his last boring report, which I think would be really damaging to the economy. If you look under the hood, I think we are starting to see pretty foreboding cracks.”

Managing director of policy and advocacy at the economic think tank Groundwork Collective

11 Mar 2025 2 2

Justin Trudeau

Inserted 1 month ago

“Canada will hold firm and push ahead with retaliatory tariffs and other measures until Trump backs off entirely. Our goal is to get all tariffs removed. We are in a moment right now where Canada has a very, very strong bargaining position, because Canadians are so united and unequivocal about standing up for our country and standing up for our fellow citizens and being very firm that this is an unjustified and unjustifiable trade war launched by the Americans.”

Cbc

Prime Minister of Canada

07 Mar 2025 7 2

David Eby

Inserted 1 month ago

“Yet again the president is sowing uncertainty and chaos, attempting to undermine our economy by implementing tariffs and then pulling them. We are going to ensure that the Americans understand how pissed off we are.”

Cbc

British Columbia Premier

06 Mar 2025 4 3

Raymond Greene

Inserted 1 month ago

“The announcement made at the White House showcases the deep connections between two of the world's greatest technological and economic powerhouses. The United States and Taiwan are mutually complementary economies that benefit greatly from investments in both directions, especially in the semiconductor sector. TSMC's expanded investment strengthens the economic prosperity and security of both the United States and Taiwan and will enable TSMC to better serve its largest customers in America.”

Taipeitimes

American Institute in Taiwan (AIT) Director

04 Mar 2025 5 4

Ryan Hass

Inserted 1 month ago

“Taiwan needs the U.S., but the U.S. also needs Taiwan. Trump knows this fact. There is a complementary division of labor between US tech companies and Taiwan's chip foundries that cannot be replaced.”

Former director for China on the U.S. National Security Council

03 Mar 2025 5 3

Marco Rubio

Inserted 1 month ago

“The president's talked about that there are opportunities to work together. And obviously that's going to entail talking about not just Russian assets that have been seized by America, by the Europeans or the US, but also American companies that have been hurt. So that'll have to be brought a part of a broader conversation about how to reset our relations.”

Tass

U.S. Secretary of State

25 Feb 2025 4 2

Steve Witkoff

Inserted 1 month ago

“Obviously there would be an expectation that if we get to a peace deal, that you would be able to have American companies come back and do business there. And I think that everybody would believe that that would be a positive, good thing to happen.”

Pravda

President Donald Trump’s Middle East envoy

23 Feb 2025 4 3

Valeria Moy

Inserted 2 months ago

“When Mr. Trump imposed tariffs in his first term - 25 percent on steel and 10 percent on aluminum - Mexico retaliated with countertariffs on key American products, including pork, apples, cheese, cranberries, bourbon whiskey and Harley Davidson motorcycles. The tariffs were lifted about a year later with the signing of the revised free trade agreement among the United States, Canada and Mexico. While the short-lived tariffs on steel and aluminum did not lead to significant gains for American manufacturers, it is not surprising that Mr. Trump was considering turning to them again. It represents a win that's easy for Trump to communicate. It benefits - in the short term - an industry that's become emblematic in the United States.”

General director of the Mexican Institute for Competitiveness

11 Feb 2025 7 4

William Lee

Inserted 2 months ago

“These latest announcements are a way of President Trump showing that he's very serious about using the tariff instrument as a policy tool for achieving both economic and non-economic objectives.”

Aje

Chief economist at the Milken Institute

10 Feb 2025 3 4

Muhammad Habib

Inserted 2 months ago

“China really learned a lesson from the first Trump administration. It's not wise to immediately take a dramatic measure against Trump, because at the end of the day, we know for sure Trump is very transactional.”

Aje

Researcher at the Center for Strategic and International Studies

10 Feb 2025 5 5

Gareth Rhodes

Inserted 2 months ago

“This is similar to sports betting or gambling. The retail customer putting in their funds is doing so at risk of losing most if not all of it with the hope of an outsize payoff.”

Former deputy superintendent at the New York State Department of Financial Services

09 Feb 2025 0 3

Tom Keatinge

Inserted 2 months ago

“This is a toe in the water, but not because Trump necessarily wants to tread carefully. This is a way to send a message and put everyone involved in moving Iranian oil on notice. One of his objectives now is to bankrupt Iran. Since [Trump] was last president, the sanctions community at large - public and private - have learned a lot about how to target a country's oil revenue and go after the broader infrastructure, largely from the experience with Russia's own shadow fleet. Curbing Iranian oil could be part of a broader conversation between Trump and Chinese President Xi Jinping and that the recent sanctions provide a way to ramp up pressure on Tehran without fueling additional tensions with Beijing. China is the big problem to solve if you want to squeeze Iranian oil, but does Trump want a sanctions war with Xi?”

Director of the Center for Finance and Security at the Royal United Services Institute (RUSI) in London

08 Feb 2025 9 4

Nader Itayim

Inserted 2 months ago

“These sanctions, and what is sure to follow, will almost certainly have an impact. The question really is how big that impact might be. And that will ultimately depend on how seriously the Trump administration chooses to go after the Iranian oil trade.”

Middle East energy expert at the U.K.-based Argus Media

08 Feb 2025 7 4

Donald Trump

Inserted 2 months ago

“I'll be announcing that, next week, reciprocal trade, so that we're treated evenly with other countries. We don't want any more, any less.”

Reuters

President of the United States

07 Feb 2025 3 1

Jamieson Greer

Inserted 2 months ago

“I need, if I'm confirmed, to go to these countries and explain to them that if they want to enjoy continued market access to the United States, we need to have better reciprocity.”

Reuters

Trump's U.S. trade representative nominee

06 Feb 2025 2 1

Volodymyr Zelenskiy

Inserted 2 months ago

“We are open to the fact [Donald Trump wanting more access to the Ukraine's valuable rare earth minerals], that all of this can be developed together, along with our partners who can help us protect our lands. This is absolutely fair. I talked about this in September when we met with President Trump.”

President of Ukraine

Read the Background

04 Feb 2025 5 3

Huo Jianguo

Inserted 2 months ago

“Placing additional tariffs on Chinese goods will not help the US to address its own issues, including the fentanyl crisis. Such issues can only be addressed through dialogue and cooperation. Such unchecked actions will only cause catastrophe to global economic growth and trade.”

Vice chairman of the China Society for World Trade Organization Studies in Beijing

04 Feb 2025 10 4

Wu Chenhui

Inserted 2 months ago

“The heightened export controls on rare metals could potentially impact the US high-tech and defense industries, which are highly reliant on imports. It highlights the resourcefulness of the Chinese government's toolkit in responding the US' unilateral move.”

Independent analyst who closely follows the critical minerals industry

04 Feb 2025 7 5

Zhou Mi

Inserted 2 months ago

“China's swift response to the US tariff hikes underlines the Chinese government's determination to safeguard its legitimate rights and interests. There are no winners in any trade war. Tariffs placed on some of the US' comparatively competitive exports to China such as energy and certain categories of machinery will affect the performance of US companies, as the tariffs will affect their market share in China. However, China's countermeasures are meant to serve as a reminder to US policymakers and hopefully help them better reflect on the negative impacts of the tariffs they imposed.”

Senior research fellow at the Chinese Academy of International Trade and Economic Cooperation

04 Feb 2025 9 4

Gary Ng

Inserted 2 months ago

“It is a response with equal magnitude but in a different way than in 2018 [US - China tariff war during Trump's first term]. This time, it is a mix of tariffs on targeted products, export control and restrictions on market access. It means China is using its role as one of the world's largest markets and producers to bargain with the US.”

Senior economist with the investment bank Natixis in Hong Kong

04 Feb 2025 9 4

Julien Chaisse

Inserted 2 months ago

“Much will depend on the US and how Trump views China's decision to threaten retaliatory tariffs. If Trump sees this as a direct challenge, his administration could respond with additional trade restrictions. This would intensify the conflict.”

Professor at City University of Hong Kong who specialises in international economic law

04 Feb 2025 6 4

Lynn Song

Inserted 2 months ago

“As Trump's call with Xi looms, it appears the Chinese president is giving diplomacy a chance to work as it did in the cases of Canada and Mexico. Delaying the tariff implementation until February 10 will allow for top level leadership to meet before then, which still creates an opportunity for both sides to step back from the brink and de-escalate the situation.”

Chief economist for China at the Dutch financial firm ING

04 Feb 2025 11 4

Olaf Scholz

Inserted 2 months ago

“The European Union is strong. We have every opportunity to make sure we can look after our own interests. And that is also a message to the United States, which at the same time is connected to us through an outstretched hand.”

Aje

Chancellor of Germany

03 Feb 2025 3 2

Jacob F Kirkegaard

Inserted 2 months ago

“The global economy is increasingly becoming one that is characterized by ever deepening trade relationships excluding the United States. The trend is not necessarily anyone's preference, but the arrangements offer a second best option given America's rejection of a more open economic order. The proliferation of trading blocs, like the one between the European Union and South American nations, also helped countries avoid an overreliance on China.”

Senior fellow in Brussels at the Peterson Institute for International Economics

Read the Background

03 Feb 2025 6 3

Donald Trump

Inserted 2 months ago

“It will definitely happen with the European Union, I can't tell you that. Because they have really taken advantage of us. You know, we have over a $300bn deficit. I wouldn't say there is a timeline. But it's going to be pretty soon.”

Aje

President of the United States

02 Feb 2025 3 2

Antonio Tajani

Inserted 2 months ago

“The tariff war is not good for anyone. ... We have ideas and strategies to protect our companies with Italy being the best ambassador for the EU in the dialogue with Washington.”

Euronews

Italian Foreign Minister

02 Feb 2025 6 4

William Reinsch

Inserted 2 months ago

“It doesn't make much economic sense. Historically, most of our tariffs on raw materials have been low because we want to get cheaper materials so our manufacturers will be competitive ... Now, what's he talking about? He's talking about tariffs on raw materials. I don't get the economics of it.”

Euronews

Senior adviser at the Center for Strategic and International Studies and a former U.S. trade official

02 Feb 2025 5 3

Matt Blunt

Inserted 2 months ago

“We continue to believe that vehicles and parts that meet the USMCA's stringent domestic and regional content requirements should be exempt from the tariff increase. Our American automakers, who invested billions in the US to meet these requirements, should not have their competitiveness undermined by tariffs that will raise the cost of building vehicles in the United States and stymie investment in the American workforce.”

President of the American Automotive Policy Council

02 Feb 2025 (approx) 7 2

Doug Ford

Inserted 2 months ago

“Canada now has no choice but to hit back and hit back hard. As premier of Ontario, the federal government has my full support for a strong and forceful response that matches US tariffs dollar for dollar. Canada has so much of what America needs: high-grade nickel and other critical minerals, energy and electricity, uranium, potash, aluminium. We need to maximise our points of leverage and use them to maximum effect. The federal government needs to also pursue every legal route to challenge these unfair, unjustified and illegal tariffs.”

Premier of Ontario

02 Feb 2025 (approx) 13 2

David Eby

Inserted 2 months ago

“Trump's tariffs are a complete betrayal of the historic bond between our countries and a declaration of economic war against a trusted ally. As British Columbians, and as Canadians, we will stand strong and united in the face of this unprecedented attack.”

British Columbia Premier

02 Feb 2025 (approx) 9 2

Lana Payne

Inserted 2 months ago

“An attack of this magnitude, Canadians will demand that their government respond. I hope Americans understand right now that in Canada there's a lot of anger. We are supposed to be the United States's closest ally, and folks are trying to wrap their heads around why this is happening.”

President of Unifor, representing Canadian autoworkers

02 Feb 2025 3 3

Ricardo Monreal

Inserted 2 months ago

“It is one of the heaviest attacks Mexico has received in its independent history. It is not admissible, it cannot be accepted, a unilateral decision of such magnitude … We are all going to lose, they will too.”

Mexican politician affiliated with the National Regeneration Movement (Morena)

02 Feb 2025 4 3

Sung Won Sohn

Inserted 2 months ago

“Consumers are going to be clearly worse off. When you talk about a tariff, it's an economic war; and in war, everybody loses. But hopefully we will come to some better results and conclusions as a result of the pain and suffering that we will go through.”

Cnn

Professor of finance and economics at Loyola Marymount University and chief economist at SS Economics

01 Feb 2025 5 2

Jason Smith

Inserted 2 months ago

“The tariffs on imports from Canada, Mexico, and China send a powerful message that the United States will no longer stand by as other nations fail to halt the flow of illegal drugs and immigrants into our country. These measures will also bring in billions in new revenue to the U.S. government.”

Congressman Republican-Missouri

01 Feb 2025 8 2

Justin Trudeau

Inserted 2 months ago

“Tariffs against Canada will put your jobs at risk, potentially shutting down American auto assembly plants and other manufacturing facilities. They will raise costs for you, including food at the grocery store and gas at the pump.”

Prime Minister of Canada

01 Feb 2025 4 4

Claudia Sheinbaum

Inserted 2 months ago

“I've instructed my economy minister to implement the Plan B we've been working on, which includes tariff and non-tariff measures in defense of Mexico's interests.”

President of Mexico

01 Feb 2025 4 3

Bill Prybylski

Inserted 2 months ago

“In order to compete with other producers on the global market in light of the tariffs, Canadian farmers may have to sell their crops for less. That's because American buyers will be able to get the same crops from other farmers who do not have to pay the tariff, so Canadian producers will have to lower their prices to account for it. We're going to be getting less for our commodities and paying more for the stuff that we need. Our hope is that as the consumers in the United States realize that their prices are going to go up because of the tariffs making things more expensive for them, that they will put pressure on their government to rescind that.”

Cbc

President of the Agricultural Producers Association of Saskatchewan (Canada)

01 Feb 2025 6 3

Donald Trump

Inserted 2 months ago

“Today, I have implemented a 25% Tariff on Imports from Mexico and Canada (10% on Canadian Energy), and a 10% additional Tariff on China. This was done through the International Emergency Economic Powers Act (IEEPA) because of the major threat of illegal aliens and deadly drugs killing our Citizens, including fentanyl. We need to protect Americans, and it is my duty as President to ensure the safety of all. I made a promise on my Campaign to stop the flood of illegal aliens and drugs from pouring across our Borders, and Americans overwhelmingly voted in favor of it.”

Truthsocial

President of the United States

01 Feb 2025 6 5

Xiang Lu

Inserted 2 months ago

“If the tariff order takes effect, it will negatively impact all three countries - China, Mexico, and Canada - key US trading partners. Chinese investments in Mexico and Canada will also be affected. It's a lose-lose scenario for all four sides. The US will also bear the cost, as higher tariffs fuel inflation, raise living expenses, and make it harder for the government to maintain control the situation.”

Specialist on US affairs at the Chinese Academy of Social Sciences

01 Feb 2025 8 2

Zhou Mi

Inserted 2 months ago

“This is an escalation of US protectionism with no clear economic justification, driving up costs for consumers and businesses while disrupting global supply chains. The US has not specified product categories for the new tariffs, as they may apply broadly rather than targeting specific goods. If the tariffs are put in place, this wide-ranging move will reshape trade and supply chains across all four countries, impacting businesses at large.”

Senior research fellow at the Chinese Academy of International Trade and Economic Cooperation

01 Feb 2025 8 2

Donald Trump

Inserted 2 months ago

“There may be temporary, short-term disruption, and people will understand that. The tariffs will ensure that other countries treat the US fairly.”

President of the United States

31 Jan 2025 3 1

Chrystia Freeland

Inserted 2 months ago

“There should be a 100 per cent tariff on all U.S. wine, beer and spirits, and on all Teslas. We need to be very targeted, very surgical, very precise. We need to look through and say who is supporting Trump and how can we make them pay a price for a tariff attack on Canada. Canada needs to deliver the message to Trump's closest supporters that if you hit Canada, it will hit back - and it will hurt. One of the characteristics of the Trump administration is they like to traffic in uncertainty. There are lots of reports about there being internal debates in the U.S. (administration), so let's use that to our advantage. And let's put some cards on the table and be very clear that if they hit us, we will hit them back.”

Thestar

Former Canada Finance Minister and Liberal leadership candidate

31 Jan 2025 4 2

Flavio Volpe

Inserted 2 months ago

“It would end up shutting down the industry across North America - within the week.”

Cbc

Head of Canada's auto-parts lobby

31 Jan 2025 4 4

Scott Lincicome

Inserted 2 months ago

“You have engines and car seats and other things that cross the border multiple times before going into a finished vehicle. You have American parts going to Mexico to be put into vehicles that are then shipped back to the United States. You throw 25% tariffs into all that, and it's just a grenade. For many U.S. refineries, there's not much choice. Canada produces the type of crude oil that American refineries are geared to process. It's a heavier crude. All the fracking and all the oil and gas we make here in the United States - or most of it - is a lighter crude that a lot of American refineries don't process, particularly in the Midwest.”

Vice President, General Economics and Stiefel Trade Policy Center, Cato Institute

31 Jan 2025 6 3

Marcelo Ebrard

Inserted 2 months ago

“The main impact is clear: millions of families in the United States would have to pay 25 percent more.”

Mexican economy minister

31 Jan 2025 4 2

Patty Culhane

Inserted 2 months ago

“We don't know if [Trump's tariffs are] going to be on all goods, but we do know that Mexico and Canada have said they are going to respond. If Canada decides to put tariffs on the oil it exports into the US, you could see gas prices really skyrocket. Trump likes to say that other countries pay for the tariffs, that they pay the US government. That's not the case. The people who import the products have to pay the US government, so they raise prices on consumers. Canada has talked about targeting states that supported Trump [in the 2024 election]: oranges in Florida, washing machines in Michigan, dairy products in Wisconsin. So it could really impact the very people who voted for Trump, … but more broadly, you are going to see massive price increases when they retaliate all across the United States.”

Aje

Al Jazeera’s journalist reporting from Washington, DC

31 Jan 2025 12 3

Kimberley Sperrfechter

Inserted 2 months ago

“Mexico's ability to soften the blow from tariffs is also limited because of budgetary challenges. If tariffs are imposed, the country's currency, the peso, could weaken and make Mexico even more appealing to U.S. tourists, who represent the country's largest international visitor group. But that's unlikely to offset the hit to other sectors.”

Emerging markets economist at Capital Economics in London

31 Jan 2025 6 2

Marcus Noland

Inserted 2 months ago

“Tariffs of 25 percent would be ruinous for Mexico. In effect, it would initiate a process of deindustrialization of Mexico. Such tariffs could reduce Mexico's economic output growth by about 2 percentage points, potentially resulting in large-scale factory closures and job losses.”

Executive vice president and director of studies at the Peterson Institute for International Economics

31 Jan 2025 7 2

Tom Kloza

Inserted 2 months ago

“Gasoline prices in the Midwest could climb 15 to 20 cents a gallon, with more muted effects in other parts of the country. It's going to be very, very messy if Mr. Trump moves ahead with tariffs. We haven't dealt with something like this, certainly not in the modern era.”

Global head of energy analysis at Oil Price Information Service

31 Jan 2025 5 1

Agathe Demarais

Inserted 2 months ago

“For many companies, though, moving a major chunk of production to the United States is unrealistic. Costs are too high. American workers are not willing to accept the low wages that initially drove companies to move to countries like Mexico. Mazda and Toyota have already struggled to ramp up production at their joint U.S. factory because of a lack of workers. These days big corporations may do their best to stay under the radar and wait out Trump's term. Opening a major production facility takes billions of dollars and a lot of time. Businesses recognize that global commerce is increasingly being organized around trade routes that reflect the growing rivalry between the United States and China - like the regional one that involves Mexico and Canada. That is a structural trend that will outlast Trump.”

Senior policy fellow at the European Council for Foreign Relations

31 Jan 2025 11 3

Albert Park

Inserted 2 months ago

“It's ironic, because there was such a response to the first tariffs to restructure supply chains, and now you're basically punishing the countries that benefited from that adjustment.”

Asian Development Bank Chief Economist

31 Jan 2025 4 2

Tiff Macklem

Inserted 2 months ago

“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada.”

Governor of the Bank of Canada

29 Jan 2025 4 2

Jon Withaar

Inserted 2 months ago

“We still don't know the details and nothing has been 100 per cent confirmed in regards to the claims, but if there truly has been a breakthrough in the cost to train models from $100 million+ to this alleged $6 million number, this is actually very positive for productivity and AI end users as cost is obviously much lower, meaning lower cost of access.”

Cbc

Senior portfolio manager at Pictet Asset Management

27 Jan 2025 4 1

Adam Sarhan

Inserted 2 months ago

“Whether DeepSeek's developments have the potential to really disrupt the industry is something investors will be paying close attention to. If it is something that can, then we have a situation where all these AI stocks and the market as a whole will be re-priced.”

Cbc

CEO of 50 Park Investments

27 Jan 2025 5 2

Dan Ives

Inserted 2 months ago

“It remains to be seen if DeepSeek found a way to work around these chip restrictions rules and what chips they ultimately used as there will be many skeptics around this issue given the information is coming from China.”

Analyst with Wedbush Securities

27 Jan 2025 5 5

Faisal Alibrahim

Inserted 2 months ago

“This number represents investments, procurement, public and private sector, and it's just a mirror reflection of the strong relationship. What we'll spend in the economy from the start of Vision 2030 to 2030 is 12 times that number.”

English

Minister of Economy and Planning of Saudi Arabia

24 Jan 2025 3 1

Donald Trump

Inserted 2 months ago

“They [EU] took court cases with Apple, and they supposedly won a case that most people didn't think was much of a case. They won billions from Google. I think they're after Facebook for billions and billions. These are American companies. They shouldn't be doing that. As far as I'm concerned, it's a form of taxation. From the standpoint of America, the EU treats us very, very unfairly. Very badly. They essentially don't take our farm products, and they don't take our cars. Yet they send cars to us by the millions. They put tariffs on things that we want to do.”

President of the United States

23 Jan 2025 6 5

Donald Trump

Inserted 2 months ago

“My message to every business in the world is very simple: Come make your product in America, and we will give you among the lowest taxes of any nation on earth. But if you don't make your product in America, which is your prerogative, then very simply you will have to pay a tariff. Differing amounts, but a tariff. They say that there's light shining all over the world since the election. And even countries that we aren't particularly friendly with are happy because they understand there is a future, how great the future will be. Under our leadership, America is back and open for business.”

President of the United States

23 Jan 2025 5 2

Chris Weafer

Inserted 2 months ago

“I don't think that Trump would be able to get the Saudis or other OPEC members to boost output to pressure the Kremlin on Ukraine. It is most unlikely that Saudi Arabia, the UAE or the other OPEC producers will either want to engage in such a political move against fellow OPEC+ member Russia or to take any action which would result in them losing export earnings and giving a bigger market share to U.S. producers. OPEC producers are still angry at the total disregard from Washington when the shale revolution boosted U.S. crude production and exports, taking market share from them.”