Trade War

China's Ambassador to India, Xu Feihong believes that the two major developing economies in Asia, India and China should 'firmly oppose' any form of tariff and trade wars and uphold the multilateral trading system. Feihong, during a media address on Monday, said, "Together, we should advocate an equal and orderly…

The Canadian Dollar (CAD) soured on Friday, skidding into a fifth consecutive losing day against the US Dollar (USD) after employment figures from both Canada and the United States (US) showed both countries are failing to absorb the negative impacts of US President Donald Trump’s trade war with the rest…

Prime Minister Mark Carney says he’s going to “ensure the federal government buys from Canadian suppliers,” as he unveiled the new ‘Buy Canadian’ strategy. The measures introduced on Friday include the waiver of the EV mandate for automakers and a relief package for canola farmers dealing with Chinese tariffs. What…

Canadian Prime Minister Mark Carney (L) and U.S. President Donald Trump pose for a photo during the G7 Summit in Kananaskis, Alta., on June 16, 2025. Tariffs and counter tariffs between the two countries is hurting small business, says the Canadian Federation of Independent Business. Photo by BRENDAN SMIALOWSKI /AFP…

TORONTO — American tariffs and an upcoming review of the continental trade pact will headline discussions today as Prime Minister Mark Carney's cabinet begins its two-day retreat in Toronto...Read More

Hines sale of One Museum Place was one of largest deals in China this year (Image: Hines) Mainland China and Hong Kong saw the largest declines in commercial real estate investment among all Asia Pacific countries in the second quarter of 2025 as investors took a more cautious approach amid…

The growing trend of Canadians avoiding the United States for travel is still going strong, according to new data from Statistics Canada. It’s a pattern that’s been consistent for multiple months in a row as the trade war has shifted the mindset of travellers from Canada and around the world.…

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It’s cringe for an elder millennial to use Gen Z parlance, but there are times when a colloquialism just hits. That’s the case when gauging China’s evolving view of President Donald Trump’s second term. Beijing sees Trump’s disruptive actions — his gutting of institutions of U.S. soft power, his launching…

Logo of The International Monetary Fund (IMF) The International Monetary Fund (IMF) warned that global current account imbalances widened sharply last year, highlighting the risks posed by escalating trade tensions, which could dampen global demand and fuel inflationary pressures. In its annual External Sector Report released today, July 22, covering the…