Trade War

OTTAWA — U.S. President Donald Trump has imposed tariffs on imports from Canada and Mexico — a 25 per cent across-the-board levy, with a lower 10 per cent charge on Canadian energy — triggering a continental trade war. Canada has responded with 25 per cent retaliatory tariffs on $30 billion…

US president posts warning on social media after Canada PM Trudeau slammed ‘dumb’ trade war. US President Donald Trump has warned Canada that he will escalate his trade war after Prime Minister Justin Trudeau announced retaliatory tariffs on US goods. Trump’s 25-percent tariffs on imports from Mexico and Canada took…

Nasdaq on course to confirm correction as trade war worries weighRead More

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Bitcoin has wiped out recent gains with a 10% dump in the past 24 hours; the same as Ethereum price. This happens as the US began its tariffs program against Canada and Mexico, with the investor reaction to the trade war telling as risk assets plummeted. What does this risk…

President Donald Trump has moved forward with a plan to put sweeping tariffs on all goods coming into the United States from Canada and Mexico, threatening a trade war with its closest trading partners — and higher prices for Americans on thousands of consumer goods.  The U.S. was scheduled to…

Oil drilling rigs Oil prices declined on Friday, recording monthly losses as investors worried about US President Donald Trump escalating the trade war by imposing high tariffs on American imports. At settlement, benchmark Brent crude futures for April delivery — expiring today — fell by 1.15% or 86 cents to…

Trade wars have become a growing concern in today’s interconnected global economy following President Donald Trump taking office in the United States and his threats to impose tariffs on various countries. When countries impose tariffs, sanctions, or other trade barriers on one another, the consequences ripple across borders, impacting businesses,…

China said Tuesday that it would file a complaint with the WTO over the ‘malicious’ US levies — but that move is likely to hit a dead end, unless Beijing and Washington resolve the spat of their own accord. — AFP pic Planning your holiday getaway? Invest RM100 with Versa…

Canadian grocers, large and small, are seeking alternatives to U.S. products ahead of a potential trade war, while highlighting homegrown products already available on their shelves. The two countries are in the midst of a truce that's set to end in early March, but grocers aren’t waiting around to see…