Tariffs
President Donald Trump's tariffs have pushed up the cost of a range of goods, including furniture, clothing, and large appliances, according to the U.S. Labor Department. Consumer prices rose 2.7 per cent in June from a year earlier, the highest level since February. The uptick in
Tariffs
The village of village menaced by a giant ogre offers a cautionary tale on the futility of negotiating with unpredictable leaders like Donald Trump. Canada's Prime Minister, Mark Carney, has been under fire for his handling of Trump's trade threats, with critics accusing him of hypocrisy
Tariffs
Prime Minister Mark Carney has announced measures to protect Canada's steel industry from the impact of foreign steel flooding into the country due to President Donald Trump's tariffs. The government is tightening quotas on steel imports from countries with no free-trade agreements with Canada, and imposing
Tariffs
Ireland's Deputy Prime Minister Simon Harris recently met with representatives from the US pharmaceutical industry to discuss the ongoing Section 232 investigation into the sector. The meeting aimed to gather insights from the industry ahead of crucial negotiations between the EU and the US. Harris emphasized the importance
Tariffs
Canadian Prime Minister Mark Carney has announced plans to protect the domestic steel industry by imposing new tariffs on imports from countries with free trade agreements. The tariffs will be 50% for steel imports that exceed 2024 levels, with an additional 25% tariff for steel melted and cast in China.
Tariffs
The Canadian government is introducing a comprehensive plan to protect the country's steel industry, which has been severely impacted by US President Donald Trump's tariffs. The package includes import caps, tariffs, and funding to retrain steel workers, aiming to give Canadian producers a chance to regain
Tariffs
India, the third-largest buyer of Russian oil, may be forced to rethink its imports as the US threatens to impose penal tariffs on countries buying Russian oil. The US plan, announced by President Donald Trump, includes a 50-day deadline for Russia to end its war with Ukraine, after which a
Tariffs
As high-stakes talks continue between India and the US on an interim trade deal, the focus is on the tariff rate that the US will impose on India. In April, President Donald Trump announced a 26% reciprocal tariff rate, but later suspended tariffs for all countries to 10%. The latest
Tariffs
The US inflation rate soared to 2.7 percent in June, marking its highest level since February, as President Donald Trump's sweeping tariffs push up the cost of goods, including furniture, clothing, and large appliances. The sharp inflation spike, exacerbated by the pandemic, poses a significant challenge for
Tariffs
Wall Street remains on edge as President Trump's updated tariffs raise concerns about a potential recession and impact on international trade. Despite the uncertainty, stock indexes in the U.S. and abroad showed mixed results, with the S&P 500 climbing 0.1% to approach its all-time
Tariffs
A majority of Canadians surveyed in a recent Angus Reid poll want Prime Minister Mark Carney to take a hard approach in trade talks with U.S. President Donald Trump, rather than a softer stance. The poll, which collected data before and after Trump's tariff threats, suggests that
Tariffs
As President Donald Trump's trade rhetoric escalates, his actual leverage in trade negotiations is diminishing. A sustained period of financial-market turbulence looms, imperiling the US stock market's current highs. With investor sentiment interpreting threats as a bluff, the possibility of a sharp market downturn remains, triggered
