Trade War

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…

D oug Ford might be the luckiest politician alive. One must wonder, at some point, where he’s keeping all the horseshoes. When he called an unnecessary $189 million election in late January, there were warnings he could face the same fate as former Liberal premier David Peterson, who went to…

"It's simple: tariffs are taxes that crank up consumer prices, hitting everyone's wallet. Let's not go down that road again." Published Feb 07, 2025  •  Last updated Feb 07, 2025  •  2 minute read A farmer harvest canola near Kronau. Photo by TROY FLEECE /Regina Leader-Post Canada and the U.S.…

Business | Bank of England Cuts Rates While Warning of Inflation and Trade War Risks https://www.nytimes.com/2025/02/06/business/bank-england-interest-rates.html Advertisement SKIP ADVERTISEMENT You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load. The central bank cut rates for…

15% tariffs on US coal and LNG. 10% tariffs on US crude oil, agricultural equipment, large-displacement vehicles, and pickup trucks. These tariffs will take effect on February 10. Further escalating tensions, China’s commerce ministry and its customs administration announced export controls on key minerals, including tungsten, citing national security concerns.…

In This Story China’s antitrust watchdog is reportedly eyeing a formal probe into Apple’s ( AAPL +1.15% ) fees for app developers, giving CEO Tim Cook another problem to worry about as the U.S.’ trade war with Beijing kicks off. Suggested Reading Elon Musk denies knowledge of a $400 million…

BTC experienced a short-lived rally, reaching $102K before sharply declining below $100K. The drop followed the US government’s trade tariffs on China, which disrupted global financial markets. This immediate reaction underscored how geopolitical developments directly impact cryptocurrency prices. Digital assets remain highly sensitive to international policies, making them vulnerable to…

The CCGS Amundsen, a Canadian research ice-breaker, navigates near Devon Island in the Canadian high Arctic in September 2015. (Clement Sabourin/AFP via Getty Images) MILAN — Davie, a Quebec shipbuilder set to play a key role in a joint icebreaker production agreement between Canada, the United States and Finland, is…

World / February 5, 2025 President’s bullying of allies yields symbolic results—but betrays substantive weakness. Outplayed: Despite Trump’s bluster, his threats against Mexico resulted in a continuation of President Claudia Sheinbaum’s policy—and a major concession by the US.(Yuri Cortez / AFP / Getty Images) Donald Trump loves talking tough on…