Tariffs
As the Group of 7 (G7) finance ministers meet in Canada, the lingering trade tensions sparked by President Trump's tariffs are likely to take center stage. The three-day gathering of top finance officials from the world's wealthiest economies has become increasingly fraught, with concerns about a
Tariffs
India and the United Kingdom have concluded a comprehensive Free Trade Agreement (FTA) after three years of rigorous negotiations, marking a significant shift in their trade relations. The deal, which also includes a Social Security Agreement (SSA), addresses key concerns of cross-border professionals and paves the way for substantial trade
Tariffs
President Donald Trump's trade policy has been shrouded in mystery, with some suggesting a carefully crafted master plan designed to keep America's trading partners on their toes. However, recent announcements from Trump and his trade officials suggest a strategy of creating "strategic uncertainty," Treasury
Tariffs
In a gathering of finance ministers and central bank governors from the Group of Seven nations in Canada, leaders are seeking to restore stability in the face of economic turbulence caused by US President Donald Trump's punishing tariffs. The gathering, held in the western province of Alberta, marks
Tariffs
As the White House intensifies its trade war, several major corporations, including Walmart and Mattel, are warning that they may have to pass the costs of tariffs on to consumers. President Trump has repeatedly claimed that foreign countries will absorb the tariffs, but economists and company executives disagree. With the
Tariffs
India's biggest whiskey consumers will soon benefit from lower liquor prices as Diageo, the world's largest liquor company, plans to fully pass on the benefits of lower Customs duties following the recent India-UK free trade agreement. Diageo expects the FTA to be implemented in fiscal 2027,
Tariffs
President Trump's latest move in the ongoing trade war has shifted the focus from China to large American companies, particularly retailers like Walmart, to deal with the rising costs of tariffs. Trump's campaign rhetoric that trading partners, such as China, would bear the costs of tariffs
Tariffs
The global trade landscape has dramatically shifted with the imposition of sweeping tariff increases by the United States on a wide range of trading partners. Beginning in early April 2025, these tariffs are significantly higher and broader than previous trade restrictions, with some "reciprocal" tariffs based on trade
Tariffs
The Pakistan Association of Auto Parts Manufacturers (PAAPAM) has sounded a dire warning about the implications of the newly announced National Tariff Policy 2025-30, which they believe could lead to the collapse of a significant portion of the domestic auto parts manufacturing industry. The policy aims to simplify the tariff
Tariffs
The automotive industry is experiencing significant turmoil due to the ongoing trade conflicts between the US and China, leading to tariff uncertainty and a potential revenue impact. Automakers are struggling to adapt to the changing landscape, with some projecting lower production volumes and increased costs. Key Takeaways: * The Trump administration&
Tariffs
Since US President Donald Trump announced plans to slap tariffs on imported cars, including those from Canada, three of Ontario's eight automotive assembly plants have announced changes, including thousands of layoffs, production cuts, and temporary shutdowns. A fourth plant, already down for retooling, has paused its refit, extending
Tariffs
The European Commission has slashed its growth forecasts for the Eurozone due to the economic disruption caused by US trade policy. The commission now expects the Eurozone economy to grow 0.9 per cent this year, down from a previous estimate of 1.3 per cent in November. The revised
