Canada is facing new US import penalties after Prime Minister Mark Carney refused to match US tariffs on China. Other countries are watching as the Trump trade clash turns into a fight over economic sovereignty....
The latest threat comes after the neighbors failed to reach a deal to avert a 50% US levy on a range of other Canadian goods. Ottawa says it plans to impose retaliatory tariffs. US President Donald...
A new wave of Trump tariffs could unsettle US trade partners which have already signed new trade deals or have been negotiating them for months. US President Donald Trump’s administration is proposing additional tariffs of 10% or...
The euro has reached its highest level against the US dollar since 2021. That has consequences for eurozone companies and consumers, but few think that the European Central Bank should intervene yet. The US dollar...
From trade tensions and high debt burdens to fears of an AI stocks bubble, the global economy will face an array of risks that could dampen growth in the new year. The global economy has...
2025 was a year heavily dominated by US President Donald Trump’s disruptive policies. While some of his actions caused harm, governments across Africa also managed to improve their geo-political position. January 20 was a turning...
Global trade today stands at an unusual and uncomfortable juncture. On paper, the numbers appear reassuring. World trade in goods and services is estimated to have crossed the $35 trillion mark in 2025, expanding by...
US tariff policy is having unexpected consequences for consumers — in some places. Coffee is becoming cheaper in Brazil, and in Mexico tomatoes are less expensive. US shoppers, meanwhile, are facing rising grocery bills. Customers...
Donald Trump is tightening sanctions loopholes that fund Moscow’s war machine. What does a crackdown on Russia’s oil trade mean for global markets — and economic heavyweights like China and India? India and China have pushed back against US...
US President Trump sent letters to several countries, including close allies Japan and South Korea, imposing tariffs starting August 1. Japanese PM Ishiba said he wanted to reach a deal which worked for both nations....
Taiwan’s president, Lai Ching-te, says his country wants dialogue with China but still needs to prepare for war. Lai, who is marking a year in power, rejects Beijing’s claim of sovereignty over the self-ruled island....
US growth has dipped by an unforeseen 0.3% in the first three months of Donald Trump’s presidency, according to initial data. Stocks fell in reaction to the news. The US Commerce Department on Wednesday said the...