Canada Hits Back: New Taxes on US Cars Start April 9
Canada Fires Back: 25% Tax on US Cars Starts April 9″(Source: Reuters) Here’s what’s happening in simple terms:• Canada is hitting back with a 25% tax on certain US-made cars…
Trump’s Tariff Troubles May Ruin His Plan to Pay Federal Workers to Quit
Trump’s Tariff Plans Could Make It Harder for Federal Workers to Leave Their Jobs The U.S. government is offering buyouts to federal workers in an effort to cut down on…
Brazil’s President Lula says Trump’s moves in the U.S. won’t end well
Brazil’s President Doubts Trump’s Actions Will Succeed, Urges Brazil to Focus on Its Own Path — Reuters Reports Brazil’s President Luiz Inacio Lula da Silva has expressed serious doubts about…
US Treasury Chief Says Raising China Tariffs Is a Big Mistake
According to Reuters, the U.S. Treasury Secretary, Scott Bessent, said it was a big mistake for China to increase tariffs on American products. He explained during a CNBC interview on…
US Goes Ahead with 104% Tax on Chinese Goods, Says It’s Open to Talk with Other Countries
US Starts 104% Tariffs on China Despite Global Worries – But Says It’s Open to Talk with Others The United States has officially started charging 104% extra taxes (tariffs) on…
China Stands Firm Against Trump’s Tariffs – What Happens Now?
US-China Trade War: Who Will Blink First as Tariff Tensions Escalate? The trade fight between the world’s two biggest economies—China and the United States—is getting more serious. According to BBC,…
Trump Supporter Says Tariffs Could Cause a Big Economic Crash
Billionaire Bill Ackman Warns Trump’s Tariffs Could Crash the Economy – BBC Reports Billionaire businessman and hedge fund manager Bill Ackman, who switched his support to Donald Trump before the…
Trump’s policies put emerging markets in tough spot
“Trump’s Tariffs Force Tough Choices for Developing Nations’ Economies” (Source: Reuters) What’s happening?President Trump’s new tariffs have put emerging market central banks in a no-win situation – they must now…
Oil prices crash as US-China trade war sparks economic worries
Oil Prices Crash as US-China Trade War Sparks Global Recession Fears” (Source: Reuters) What’s happening?Oil prices dropped another 2% Monday, continuing last week’s 7% crash, as the US-China trade war…
The EU wants fair trade rules before Trump possibly returns to power.
EU Tries to Stop Trump’s Trade War – Here’s What’s Happening” (Source: Reuters) The Problem:The US (under Trump’s rules) is charging high taxes on European goods like steel, cars, and…