Soon after being named as the next Prime Minister of Canada, Mark Carney made his intentions clear with the United States, saying that Ottawa will “never ever be part of America in any way, shape or form.” This was said by the Liberal Leader Carney during his victory speech at the party’s convention in Ottawa. […]

As Tesla eyes entry into India, the US is reportedly pushing for the removal of high car import tariffs under a proposed trade deal. As per reports, while India is open to reductions, it is unwilling to lower tariffs to zero. In the past, Tesla chief Elon Musk has criticized India for levying the steepest […]

Trump’s long-threatened 25% tariffs against Canada and Mexico came into effect in Washington DC, as did a new 10% levy against China. Canada had vowed that it too would impose 25% tariffs against $107bn worth of US goods when Trump’s tariffs kick in. China swiftly announced its countermeasures, including 10-15% tariffs on some US agricultural […]

China says that it will impose 15% tariff on coal, LNG products, 10% on crude oil, and other products in response to Donald Trump’s tariffs. “The US’s unilateral tariff increase seriously violates the rules of the World Trade Organization,” China’s Ministry of Commerce said in a statement. It is not only unhelpful in solving its […]

Polish Prime Minister Donald Tusk says the European Union (EU) should do all to avert ‘totally unnecessary and Stupid tariff wars’. European leaders have also warned that they are ready to take action and that the bloc would be prepared to retaliate against the US if President Donald Trump follows through on his threats to […]

Canada, Mexico Hit Back with Tit-for-tat ‘Tariffs’ on US Goods after Trump lLunches ‘Tariff War’ As US President Donald Trump signed an order to impose tariffs on imports from Canada and Mexico, the two countries responded back with retaliatory tariffs on the US goods, considered as a tit-for tat endeavor. Canada is imposing its own […]

President Donald Trump, since his inaugural ceremony as the 47th president of the USA has implemented significant tariffs on Russia, Colombia, Canada, Mexico, and China to address ongoing disagreements. These tensions are impacting the global stock market and underscore the need for careful negotiation to stabilize financial systems. The Global Crash These massive export-import tariff […]