Tariffs
The B.C. government is taking steps to support workers and communities impacted by U.S. President Donald Trump's trade policy through the expansion of two partnerships with the federal government. The first program, Build Your Own Future, originally focused on forestry, is now being expanded to support
Tariffs
Sen. Maria Cantwell and small business owners from the Northwest spoke in front of the Supreme Court on Thursday, highlighting the impact of President Donald Trump's signature trade policy on their companies. The policy, which has imposed sweeping import taxes, has hurt businesses that rely on imported goods,
Tariffs
Rwanda, a small but increasingly strategic player in global trade, has adopted a confident stance in response to the US's new reciprocal tariff system, which introduced a 10% flat customs tariff on imports from various countries. This shift has sent shockwaves through many export-driven economies, but Rwanda'
Tariffs
As the US life sciences sector becomes increasingly hostile due to trade policy changes and leadership turmoil, Canada has a unique opportunity to capitalize on this trend. With a strong foundation in innovation, research intensity, and early-stage entrepreneurial activity, Canada can establish itself as a global hub for life sciences
International economic relations
US Commerce Secretary Howard Lutnick has sharply criticized India's trade policies, accusing New Delhi of restricting market access while availing benefits from global commerce. In a recent conversation with Axios, Lutnick said that India boasts of its 1.4 billion population but remains reluctant to open its market
Tariffs
A significant step towards mitigating transatlantic trade tensions has been taken with the announcement of a new framework agreement between the US and the European Union. On 27 July, US President Donald Trump and European Commission President Ursula von der Leyen introduced a 15% baseline tariff on most EU goods
Tariffs
Despite the ongoing uncertainty in the Trump administration's international trade policy, Samsung Biologics, a Korean biopharmaceutical company, has struck a billion-dollar contract manufacturing deal with a US-based pharmaceutical company. This deal, valued at 1.8 trillion Korean won (approximately $1.3 billion), will run through December 31, 2029,
Tariffs
Amid rapidly changing tariff and trade policies, Anza, a leading energy storage and solar development and procurement platform, announced that it has supported the procurement of over 2 GW of solar modules in 2025, surpassing the total 2024 volume in just eight months. This surge in procurement was driven by
Economic growth
China's extensive economic growth has led to significant energy consumption, posing challenges to sustainable development. The Chinese government has implemented policies to limit energy intensity and reduce dependence on energy resources. A recent study conducted by researchers from Shandong Technology & Business University evaluates the effectiveness of the
Tariffs
Tariffs imposed by President Donald Trump led to tens of thousands of lost jobs in industries downstream from steelmaking, while few jobs were created in that highly automated sector. Economists Kadee Russ and Lydia Cox estimated in 2020 that Trump's first-term tariffs created about 1,000 new steelmaking
Tariffs
The Federal Circuit Court of Appeals has delivered a decisive rebuke to the new presidential reciprocal and trafficking tariffs, ruling that a president cannot use the International Emergency Economic Powers Act (IEEPA) as a convenient legal fig leaf to reshape trade policy without the approval of Congress. This decision reaffirms
Tariffs
President Trump's 50 percent tariffs on Indian goods have dealt a severe blow to India's China Plus One strategy, undercutting investments made by American companies to hedge their dependency on China. Just over a week since the tariffs took full effect, officials and business leaders in
