1. Is this President Donald Trump’s so-called “trade war?” Many call the American effort to obtain either tariff parity or a reduction in the roughly $1-trillion trade deficit and 50 years of consecutive trade deficits a “trade war.” But then what do they call the policies of the past half-century by Europe, Asia, China and […] Economics
Regulations for the bill are to be developed in consultation with industry and professions Economics
President Donald Trump’s sweeping global tariffs have stirred widespread anxiety about a severe economic downturn — and curiosity, for some, about how it might affect the world’s warming climate. Experts say a slowdown in international trade might have a brief and slight benefit in reducing greenhouse gas emissions, which come in part from fuels like […] Economics
WASHINGTON (AP) — Oil prices slumped to a four-year low Wednesday in anticipation of slowing economic growth and reduced energy demand, both casualties of a trade war that began after President Donald Trump ordered widespread tariffs against the imports of U.S. trading partners. U.S. benchmark crude fell 4.3% to $56.98 per barrel in midday trading […] Economics
Asian governments from South Korea to Indonesia are rushing to sign up for liquefied natural gas purchases from the US, hoping to reduce trade surpluses with the world’s largest economy and secure some relief from President Donald Trump’s sweeping “reciprocal” tariffs. Economics
WASHINGTON (AP) — The nation’s top trade representative said Tuesday that President Donald Trump’s sweeping tariffs are already getting results, bringing other countries to the negotiating table to discuss reducing their trade barriers. U.S. Trade Representative Jamieson Greer addressed the Senate Finance Committee a day after global markets swung wildly and some business leaders lambasted […] Economics
A top South Korean trade official said the government is reviewing multiple packages to present to the Trump administration as it seeks to reduce a trade surplus with the US in a bid to negotiate a lower tariff rate. Economics
An RBC report says a "large majority" of Canadian exports to the U.S. will be exempted from Trump's tariffs so far under the free trade agreement, reducing recession risk. Economics
Carney promised to bring retaliatory measures and reduce internal trade barriers after Trump announced new auto tariffs that will begin next week. Economics
US President Donald Trump said India will be hit by like-for-like duties from April 2, even as officials in New Delhi scurry to appease Washington by reducing trade barriers. Economics