Trade War

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…

Perhaps contrary to its national reputation of equanimity, Canada is matching President Donald Trump's bellicosity about tariffs with a steely resolve. The actions "by the White House split us apart instead of bringing us together," said Prime Minister Justin Trudeau in a Saturday speech. The country has wasted little time…

On Wall Street, it’s called Trump-induced volatility, and the message of the past few days is that investors—and everybody else—had better get used to it. At the weekend, the President made good on a signature campaign promise, imposing twenty-five per cent levies on Mexican and Canadian goods and ten per…

An article from Dive Brief // Economic Reports Higher material prices could threaten future demand for projects even before a brewing trade war fully unfolds, according to AGC CEO Jeffrey Shoaf. Published Feb. 4, 2025 U.S. President Donald Trump speaks to reporters in the Oval Office of the White House…

Ethereum is back on an upward trajectory, surging past the $2,700 mark as fears of an intensified U.S.-Mexico trade war eased following a diplomatic resolution. The second-largest cryptocurrency by market cap is up 3.7% in the past 24 hours, trading within a range of $2,541 to $2,898, according to data…