Tariffs
Mexico and Canada, long viewed as distant partners, are now exploring ways to collaborate as they face increasing trade pressure from their powerful neighbor, the United States. With President Trump's new tariffs and threats to their countries' sovereignty, Canada's foreign affairs minister, Anita Anand, and
Tariffs
Donald Trump's erratic trade war is wreaking havoc on Nevada's economy, leading to a significant decline in tourism and a steep rise in inflation. Despite Joe Lombardo's claim that Nevadans should "feel a little pain" from Trump's tariffs, the consequences
Diplomats
The Russian Embassy in India has announced a mechanism to supply crude oil to India, despite the US imposing 50% tariffs on such imports. This move comes as India's strategic ties with the US are strained due to its increasing imports of Russian crude oil. India has called
Tariffs
Federal Reserve Chairman Jerome Powell signaled the central bank's possible readiness to cut interest rates in response to growing economic concerns, including a weaker-than-expected job market and rising tariffs. This announcement triggered a significant rally in the stock market, with the Dow Jones Industrial Average increasing by 846
Tariffs
As the postal industry continues to evolve, Latvijas Pasts, VAS has made significant investments in infrastructure and digital tools to meet changing customer habits. Despite a declining demand for traditional postal services, such as the delivery of letters and press releases, the company is adapting to the trend by reviewing
Tariffs
S&P Global has announced that it will maintain its sovereign credit rating on US government debt at 'AA+/A-1+', citing the revenues generated from President Donald Trump's aggressive tariff policies as a key factor. The agency's analysts predict that "broad revenue
Tariffs
The latest data released by the U.S. Customs and Border Protection (CBP) shows a 22% decrease in Canadian border crossings in July 2025 compared to July 2024, with nearly 500,000 fewer travelers crossing the Upstate NY-Canada border. This trend follows a months-long decline since Trump took office, with
Tariffs
The global economy is facing heightened uncertainty as it navigates trade tensions and substantial uncertainty, according to European Central Bank (ECB) president Christine Lagarde. Despite this, global growth has remained steady, driven in part by frontloading activity caused by tariff increases. The ECB chief noted that recent trade deals have
Tariffs
The US Court of International Trade (CIT) has again ruled in favor of South Korean steel giant Hyundai Steel Co. in a retrial of the US government's imposition of countervailing duties on the company. The original duties were imposed in September 2023, with the US Department of Commerce
Tariffs
The U.S. Department of Commerce's Bureau of Industry and Security (BIS) has issued a news release announcing the addition of 407 product categories to the list of "derivative" steel and aluminum products subject to Section 232 sectoral tariffs. This move expands the reach of the
Tariffs
The latest development in the global trade war has seen the US Commerce Department announce the imposition of 50% tariffs on over 400 products made using steel and aluminium, including wind turbines, railcars, and furniture. The move has sparked concerns among exporters, with the Chartered Institute of Export & International
Tariffs
European Central Bank President Christine Lagarde encouraged Europe to strengthen trade relationships with countries beyond the United States, citing the ongoing uncertainty stemming from the trade agreement between the European Union and the U.S. Despite the EU-U.S. trade deal alleviating some of the risks, Lagarde noted that tariffs
