China hits back at Canada with fresh agriculture tariffs

China announced tariffs on over $2.6 billion worth of Canadian agricultural and food products on Saturday, retaliating against levies Ottawa introduced in October and opening a new front in a...

Oil drops as Opec+ plans to raise output, US tariffs beat sentiment

Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns US tariffs on Canada, Mexico and China will...

Tariffs

US auto industry could be collateral damage in Trump’s global trade wars

President Donald Trump’s trade wars threaten to claim a casualty on the home front: the American auto industry.If the president goes ahead with 25% taxes on imports from Canada and...

India’s economic growth picks in Q4 of 2024

India’s economy expanded by 6.2% in October-December, picking up on increased government and consumer spending, official data showed on Friday, and the government said it expected a further acceleration in...

Trump plans tariffs on Mexico and Canada from next month

US President Donald Trump said on Thursday that his proposed 25% tariffs on Mexican and Canadian goods will go into effect on March 4 as scheduled because drugs are still...

Economic war

War means war, whether it’s a mighty armed war or lethal economical war between countries.The unusual behaviour of the newly elected US president Donald Trump has forced other countries to...

Apple to invest $500 billion in US as Trump tariffs bite

Apple said on Monday it will spend more than $500 billion in the United States over the next four years and hire 20,000 people, with President Donald Trump quickly taking...

Donald Trump tariffs leave WTO adrift in eye of the storm

The World Trade Organization’s entire mission is overseeing global trade, but US President Donald Trump’s tariff offensive has left it adrift.Cedric Dupont of the Geneva Graduate Institute, an international relations...

US business activity stalling amid rising fears over tariffs on imports

US business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal government spending, erasing all the gains notched in the aftermath of...