Trade War

"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…

U.S. consumers could start seeing price hikes on a wide variety of goods made in China after the United States began collecting a 10% tariff Tuesday on all Chinese imports, reigniting a trade war between the two countries that’s at r isk of accelerating.   President Donald Trump said he was…

With the self-assurance of an entrepreneur and the bluff of a big-time poker player, President Donald Trump inaugurated a new and uncertain era in U.S. trade relations this week. Hours before he was to initiate punishing 25% tariffs on America’s two largest trading partners, Mr. Trump agreed to a one-month…

WASHINGTON/BEIJING —U.S. President Donald Trump said on Tuesday he is in no hurry to speak to Chinese President Xi Jinping to try to defuse a new trade war between the world's two largest economies sparked by his sweeping 10% tariffs on all Chinese imports. China imposed targeted tariffs on U.S. imports on Tuesday and…