Trade War

The European Commission plans to impose tariffs on €26bn ($28bn) worth of US goods from April: including spirits. The tariffs, announced on Tuesday, are in retaliation for US tariffs on steel and aluminum: and the latest salvo in an escalating trade war. President Trump is now threatening to hit back…

The great and powerful Oz, as Donald Trump models himself, never warned Americans that the road to his promised Golden Age would be full of speed bumps, stops and starts and big tolls in the form of higher shopping bills and reduced retirement accounts. Candidate Trump also didn’t caution voters…

Between an escalating trade war, a slowed labor market and President Trump’s declining to rule out an imminent recession, the stock market has seen better days. The S&P 500, which tracks the performance of the United States’s top 500 companies, experienced its worst day of the year on Monday, CBS…

Skip to Main Content Politics The drama on Tuesday delivered a win for Trump but also amplified concerns about tariffs that have roiled the stock market and stirred recession risks. President Donald Trump delivers remarks in the Oval Office of the White House in Washington, Friday, March 7, 2025. Pool…

The upcoming tariffs, which currently allow for no exceptions, threaten to affect everything from electronics to vehicles and construction equipment – and have manufacturers scrambling to find cost-effective domestic suppliers. The country facing the most aggressive action is Canada, historically one of the United States’ closest allies and top trading…

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Published Mar 10, 2025  •  3 minute read Analysts forecast U.S. industry will be hit hard and fast with a self-inflicted wound if Trump's proposed auto sector tariffs become reality. Here, a Canadian and an American flag are shown in Windsor on Feb. 18, 2025. Photo by Dan Janisse /Windsor…

Last Updated: March 10, 2025, 00:13 IST Canada's Liberal Party is going for a party leadership contest that will choose Justin Trudeau's replacement as the party leader and Prime Minister. This comes as Canada faces a trade war with the US. Chrystia Freeland and Mark Carney are favourites to replace…

Stock markets continue to tumble as economic anxiety over the president’s tariff trade war increases Stock markets continued their downward slide today amid growing concerns that President Donald Trump’s economic shock doctrine will trigger a major economic downturn. The “golden age” of economic prosperity he promised during his 2024 campaign…

President’s comments follow turbulent week on Wall Street in response to trade war uncertainty...Read More