Trade War

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…

Photo: ANDREW CABALLERO-REYNOLDS (Getty Images) Image: NurPhoto (Getty Images) Photo: BING-JHEN HONG (Getty Images) The escalating chip war between the U.S. and China, compounded by a series of retaliatory tariffs, is poised to have far-reaching consequences for the global AI industry. Major AI stocks in the U.S., including Nvidia (…

Chinese President Xi Jinping and U.S. President Donald Trump in Beijing on Nov. 9, 2017. Thomas Peter-Pool—Getty Images Read More

This story originally appeared on Grist and is part of the Climate Desk collaboration. In the summer of 2023, Vasileios Tsianos, the vice president of corporate development at Neo Performance Materials, started getting calls from government officials on both sides of the Atlantic. Within the world of industrial material manufacturing,…

PUBLISHED : 13 Feb 2025 at 21:45 US President Donald Trump has announced a broad range of tariffs targeting trading partners since he took office in January WASHINGTON - US President Donald Trump said that he would announce "reciprocal tariffs" on trading partners Thursday, opening new fronts in a trade…

The world’s leading central bank umbrella group, the Bank for International Settlements (BIS), has delivered its first public warning about the risks posed by U.S. President Donald Trump’s trade war and deregulation plans. BIS head, Agustin Carstens, said trade developments were a prominent worry now, while fiscal policy, regulation, immigration…

Published February 12, 2025 1:53am WASHINGTON/BRUSSELS — Mexico, Canada and the European Union on Tuesday condemned U.S. President Donald Trump's decision to impose tariffs on all steel and aluminium imports next month, a move that has fanned fears of a trade war. Trump signed proclamations late on Monday raising the U.S. tariff rate on…