Trade War

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…

Author of the article: Published Jul 22, 2025  •  Last updated 1 week ago  •  2 minute read At the Queens Quay LCBO store, staff member Marlon loads up boxes of Jack Daniels as part of the store removing American liquor, wine and beer from their shelves on Tuesday, March 4,…

Please enable JS and disable any ad blocker Read More

By Ellen Nakashima ,  Adam Taylor and  Cate Cadell A Chinese American man who works for the Commerce Department and traveled to China several months ago is being prevented from leaving the country after he failed to disclose on his visa application that he worked for the U.S. government, according…

The European Central Bank is likely to stare down the economic danger posed by US President Donald Trump’s tariffs by opting to leave a potential cut in borrowing costs for another day. Author of the article: Bloomberg News Craig Stirling Published Jul 19, 2025 Last updated Jul 20, 2025 8…

Chinese President Xi Jinping has bluntly questioned a nationwide rush of investment into the AI and EV industries. As deflation anxiety grows and Trump’s trade war with China ramps up, the world’s second largest economy is turning to fast-growth tech industries to remain competitive. But Xi appears to think that…

Booze and Boeings: Europe sharpens tariff hit list, ramping up trade war with Trump Brussels: European leaders are preparing to escalate their trade stoush with US President Donald Trump by targeting American products from bourbon to Boeings if he does not compromise on his latest shock tariffs. The European Union…

Donald Trump’s trade war has homebuilders down in the dumps, but they’ve become slightly more optimistic of late. The National Association of Home Builders (NAHB)/ Wells Fargo Housing Market Index (HMI) for July ticked up to a reading of 33. That’s up one point from June and one point below…

Please enable JS and disable any ad blocker Read More

July 14, 2025 at 10:00 PM EDT Updated on July 15, 2025 at 4:16 AM EDT China’s economic growth exceeded expectations in the second quarter but a more pronounced slowdown is becoming likely in the months ahead, made worse by risks to global trade and sluggish consumer demand at home.…