Over the weekend, tensions between Canada and the United States escalated after President Donald Trump imposed steep tariffs on Canadian imports. The new policy slaps a 25% tariff on most Canadian goods entering the U.S., with energy products facing a 10% levy. While Trump had hinted at such measures before taking office, the sweeping economic…
The European Union (EU) has strongly criticized US President Donald Trump’s latest round of tariffs on Canada, Mexico, and China, warning that it will respond firmly if the 27-nation bloc is targeted. Until now, Brussels had sought to avoid a direct trade conflict with the US through negotiations. On Friday, Trump doubled down on his…
India has made significant cuts to customs duties on high-end motorcycles, cars, and smartphone parts as part of its Union Budget for 2025-26. This decision comes amid heightened trade tensions, especially after US President Donald Trump recently criticized India’s tariff policies, calling the country a “tremendous tariff maker.” This new changes was announced by the…
President Donald Trump has entered uncharted legal territory by invoking emergency powers to impose punishing tariffs on imports from Canada, Mexico, and China. Using the 1977 International Emergency Economic Powers Act (IEEPA), Trump has justified a 25% tariff on Canadian and Mexican imports and an additional 10% duty on Chinese goods as part of his…
Canadian Prime Minister Justin Trudeau has announced retaliatory tariffs in response to the U.S. President Donald Trump’s decision to impose a 25% tariff on nearly all Canadian imports. The move threatens to unravel decades of close economic ties, fracturing the long-standing economic and security partnership between the two nations. Speaking at a press conference in…
With less than 24 hours to go before Donald Trump’s deadline to impose sweeping tariffs on Canada, Mexico, and China, the global economy is on high alert. The United State President has made it clear that he intends to introduce major trade levies unless key demands are met. Trump has warned that Canada and Mexico…
Global stocks rallied on Monday, fueled by a mix of market optimism and political developments. The U.S. dollar index took a hit, while European equities and currencies saw notable gains. The movements came after President-elect Donald Trump dismissed a report suggesting his administration might pursue a more moderate tariff policy than his campaign had promised….
