33 h. ago Asia Gains Lead in Race for Interim Deals to Avoid Trump Tariffs

Asian economies geared for exports and facing some of the highest US “reciprocal” tariffs are leading the way over their western counterparts in trade negotiations with the Trump administration.

Economics

3 d. ago Trump keeps contradicting himself on tariffs, making a fragile world economy nervous

WASHINGTON (AP) — President Donald Trump can’t stop contradicting himself on his own tariff plans. He says he’s on a path to cut several new trade deals in a few weeks — but has also suggested it’s “physically impossible” to hold all the needed meetings. Trump has said he will simply set new tariff rates […]

Economics

5 d. ago Days before Canada’s election, Trump insists that Canada needs the U.S. more than the U.S. needs it

WASHINGTON — President Donald Trump said Wednesday that Canada would “cease to exist” if it weren’t for the United States — comments that came just days before Canadians are set to vote in an election dominated by Trump’s remarks on the country’s economy and sovereignty.  Trump reinserted himself into Canada’s election during a signing ceremony inside […]

Politics

1 week ago World Trade Organization says global trade could slide this year because of Trump’s tariff policies

GENEVA — The World Trade Organization says the volume of trade in goods worldwide is likely to decrease by 0.2% this year due to U.S. President Donald Trump’s shifting tariff policies and a standoff with China, but it would take a more severe hit if Trump carries through on his toughest “reciprocal” tariffs. The decline […]

Economics

1 week ago California will sue to stop Trump from imposing sweeping tariffs

SACRAMENTO, Calif. — California Gov. Gavin Newsom said Wednesday that his state will file a lawsuit challenging President Donald Trump’s authority to impose sweeping tariffs that have set off a global trade war. The suit will argue that Trump’s use of the International Emergency Economic Powers Act to impose tariffs on Mexico, Canada and China […]

Economics

2 w. ago Thailand Finalizes US Trade Strategy Ahead of Talks Next Week

Thailand aims to hold talks with Trump administration officials next week to secure relief from a planned 36% reciprocal tariff on its goods, with officials finalizing a set of proposals including to cut its $46 billion trade surplus with the US.

Economics

2 w. ago Trump administration says it will exclude some electronics from ’reciprocal’ tariffs

The Trump administration says electronics like smartphones and laptops will be excluded from ‘reciprocal’ tariffs, a move that could help keep prices down for popular consumer electronics that aren’t usually made in the U.S. The announcement on Friday would also benefit big tech companies like Apple and Samsung. The U.S. Customs and Border Protection said […]

Politics

2 w. ago WeightWatchers prepares to file for bankruptcy as stock plummets

Stock markets in North America was a roller coaster on Wednesday and Thursday after U.S. President Donald Trump paused his so-called “reciprocal” tariffs on most nations for 90 days — though Canada was excluded from the reprieve while Trump further raised his tax rate on Chinese imports. But despite the market recovery, WW International, Inc. […]

Economics

2 w. ago Trump Tariffs Prompt Private Lenders to Triage Their Portfolios

In the days before US President Donald Trump’s sweeping global tariffs were set to go into effect, private credit managers had their heads down, trying to assess the impact to their portfolios.

Economics

2 w. ago Trump’s partial tariff pullback doesn’t affect duties on Canadian imports

WASHINGTON — The United States is still imposing tariffs on Canada after President Donald Trump on Wednesday partially pulled back some of the most devastating duties against countries around the world. Trump paused his so-called “reciprocal” tariffs for 90 days but kept in place a 10 per cent levy on nearly all global imports. The […]

Economics

2 w. ago European Stocks Jump Most in Five Years on Trump Tariff Reprieve

European stocks rallied after US President Donald Trump paused plans to implement higher reciprocal tariffs on dozens of trade partners, easing concerns about a global trade war.

Economics

2 w. ago Bond Chaos, Deal Mania and Jamie Dimon: Inside Trump’s Tariff Reversal

As Donald Trump’s sweeping “reciprocal” tariffs took effect just after midnight on Wednesday, the president was watching the bond market.

Economics

2 w. ago Trump Pauses Higher Duties on Most Nations, Hikes China Rate

President Donald Trump announced a 90-day pause on higher reciprocal tariffs that hit dozens of trade partners after midnight, while raising duties on China to 125%.

Other

2 w. ago Trump pauses 75 countries’ ‘reciprocal’ tariffs, raises China rate to 125%

The pause was announced hours after his global tariff policy took effect, capping a chaotic week for global financial markets and uncertainty about the world economy.

Economics

2 w. ago Trump pauses tariffs on most nations for 90 days, raises taxes on Chinese imports

WASHINGTON (AP) — Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%. Treasury Secretary Scott Bessent told reporters that Trump was pausing his so-called ‘reciprocal’ tariffs on most of the country’s biggest […]

Economics

2 w. ago Asian Nations Promise to Buy More US Gas to Win Tariff Relief

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

2 w. ago Australia Treasurer Calls Emergency Meeting on Trump Tariffs

Treasurer Jim Chalmers will meet with Australia’s top economic figures in the face of growing global uncertainty sparked by US President Donald Trump’s reciprocal tariffs regime. This follows similar meetings late Tuesday with the heads of Australia’s big banks and super funds.

Economics

2 w. ago Kenya Cuts Key Rate by More Than Expected Amid Tariff Worries

Kenya’s central bank cut its benchmark interest rate for the fifth time in a row, slashing the rate by more than expected amid heightened geopolitical risks from US President Donald Trump’s reciprocal tariffs.

Economics

2 w. ago China vows to ‘fight to the end’ after Trump threatens more tariffs

The Commerce Ministry said the U.S.‘s imposition of 'so-called ‘reciprocal tariffs’' on China is 'completely groundless and is a typical unilateral bullying practice.'

Economics

3 w. ago Trump threatens new 50% tariff on China on top of ‘reciprocal’ duties

Trump's response is in reaction to China retaliating to the U.S. "reciprocal" tariffs with a 34 per cent duty of its own on American imports.

Economics