China's top diplomat, Wang Yi, recently spoke out against the US's trade policies. He called out the US for its "two-faced" behavior. This is in response to the US's recent increase in tariffs on Chinese goods. Wang Yi made these remarks during a meeting on the sidelines of China's annual parliament
The auto industry is facing a tricky situation. President Trump has given automakers a short break. He has delayed a 25% tariff on vehicles and auto parts from Mexico and Canada for a month. This is part of the North American trade agreement USMCA. The White House announced this after Trump spok
Stocks in the US took a hit on Thursday, with all three major indexes finishing lower. The Nasdaq, in particular, found itself in correction territory, down 10% from its December high. This wasn't the only bad news for investors. The Dow and S&P 500 are having their worst week since September 2024 a
The recent announcement of tariffs on Canadian goods by the U. S. has left many wondering what the future holds for British Columbia's economy. On March 5, Finance Minister Brenda Bailey addressed a gathering of business leaders at the Hotel Grand Pacific. She acknowledged the tough times ahead, wit
Avocados have become a hot topic. Why? Because the U. S. relies heavily on imports, mostly from Mexico. This makes them vulnerable to tariffs. These tariffs are a new challenge for the food supply chain. The U. S. has recently imposed a 25% tariff on imports from Canada and Mexico. This includes av
Businesses across the U. S. are feeling the heat from President Trump's unpredictable trade policies. Take Marc Rosenberg, for example. He's the brains behind The Edge Desk, a company in Illinois that's all set to launch a high-end ergonomic chair. The catch? He's not sure how much to sell it for, o
Imagine a world where tariffs are the new normal. This isn't just a hypothetical scenario; it's a reality that's unfolding right now. The president recently made it clear that tariffs are here to stay, and they're not just a bluff. He believes that these tariffs will shield American jobs and boost t
Imagine this: you're a big company, and suddenly, one of your markets decides to pull your products off the shelves. That's exactly what happened to the maker of Jack Daniel's. The CEO, Lawson Whiting, didn't mince words when he called it "worse than a tariff. " Why? Because tariffs just add extra c
The new tariffs on fuel imports from Canada might make some Americans reach deeper into their pockets at the gas pump. Gas prices could go up in the Northeast and on the West Coast, but not right away. The tariffs are 25% for most imports, but only 10% for energy products. The Uni
The United States has decided to hold off on imposing tariffs on cars from Mexico and Canada. This delay, lasting for a month, was announced by the White House. The decision was made after discussions with major auto dealers. These dealers include Stellantis, Ford, and General Motors. The goal is to
