Tariffs
Swiss luxury goods, including watches and chocolate, could see significant price hikes as a result of US President Donald Trump's tariffs on Swiss exports. The 39% tariff, set to take effect next Thursday, is the steepest export duty imposed on Switzerland, only surpassed by Laos, Myanmar, and Syria.
Tariffs
President Trump's handling of trade tariffs with America's closest partners has raised concerns in Canada, with some Canadians believing that the U.S. president's actions are part of a plan to annex Canada as the 51st state through economic chaos. The latest round of
Tariffs
As the global economy enters a new phase of trade uncertainty, Switzerland, home to some of the world's most recognizable luxury brands, now faces an impending 39% tariff increase on its exports to the United States. The tariff hike, announced by U.S. President Donald Trump, is set
Tariffs
The Trump administration's imposition of tariffs on multiple countries, including Canada, Mexico, and China, has left the global economy reeling. The decision-making process behind these tariffs has been shrouded in uncertainty, with shifted schedules and random pauses creating immense unpredictability. The supposed "reciprocity" of these tariffs
Tariffs
Daniel Drache, a Canadian political scientist and author, questions the feasibility of Canadian Prime Minister Mark Carney's plan to counteract the economic impact of American tariffs, saying Canadians understand US President Donald Trump's tactics, likening him to a "shakedown artist" who disregards agreements and
International trade
Canada's Prime Minister, Mark Carney, has expressed disappointment over the US decision to impose tariffs on dozens of countries, including Canada. The tariffs, ranging from 10% to 41%, will be applied to 68 countries and the 27-member European Union. The US has also increased tariffs on Canadian goods
Tariffs
A panel of 11 US appellate judges expressed doubt over President Donald Trump's ability to impose tariffs without congressional approval, questioning the administration's reliance on the International Emergency Economic Powers Act (IEEPA) to justify the move. The judges, who are hearing the case in the US
Tariffs
The Trump administration's threat of higher tariffs on Philippine goods has finally materialized, with a 19 percent tariff effective today, August 1. This is a significant increase from the estimated 6 percent tariff it was before the reciprocal Trump tariff was first threatened on April 2, and even
Tariffs
Canada's auto industry has long been dependent on exports to the US, with four out of every 10 vehicles sold in Canadian dealerships shipped from American factories. However, recent trade deals between the US and countries including Japan, Britain, and the European Union have created a new challenge
Tariffs
As the 2025 Las Vegas Market summer show drew to a close, exhibitors and manufacturers voiced growing concern over the impact of U.S. tariffs on global supply chains and small businesses. The escalating tariff hikes, proposed by President Donald Trump, have disrupted long-standing supply chains, threatening the viability of
Tariffs
US President Donald Trump has effectively negotiated a series of trade deals with countries including the UK, Japan, Indonesia, the Philippines, and Vietnam, as well as the European Union. The deals have seen the US impose significant tariffs on imports from these countries, with the EU agreeing to pay hundreds
Tariffs
US President Donald Trump has effectively negotiated a series of trade deals with countries including the UK, Japan, Indonesia, the Philippines, and Vietnam, as well as the European Union. The deals have seen the US impose significant tariffs on imports from these countries, with the EU agreeing to pay hundreds
