The steel and aluminum sectors are buzzing with the latest news from the White House. The American president has announced a significant increase in tariffs in a move that some believe will hurt and some believe will boost the US economy, and those sectors in particular. This is not the first time
In a surprising move, the leader of the United States, Donald Trump, signed an order on Monday to impose a 25% tax on steel and aluminum imports. This decision had a profound impact on Asia-Pacific markets. Many markets in the region showed resilience and even gains, brushing off the tariff news. A
Trump's threat to slap tariffs on Canada and Mexico didn't really stick. Pushing back against the idea of trade war, Trump himself stepped back from the brink. If you look at the whole situation, the administration quickly backtracked from its tough talk. Mexico and Canada, to avoid tariffs, they
Tom Lee, who heads up a research team at a well known firm, recently made some surprising predictions. He reckons the profit taking that was seen last weekend is a smart time to invest more money in the world markets. He gave his thoughts on the recent sell-off in stocks due to the news of new tari
The Canadian government was abuzz with whispers that US President Trump had Canada in his sights for annexation. This wasn't just idle gossip. The Prime Minister, Justin Trudeau, disclosed this to a group of business leaders at a summit. He believed he was speaking privately, but his words were over
This is interesting. President Donald Trump decided to pause on slapping tariffs on small packages coming in from China. It is a wait and see strategy -- waiting for the government to get up to speed. Consider this. This about millions of these tiny bundles being shipped in everyday under the radar
Temu, a Chinese-owned e-commerce site, has switched gears to show off more of its “local” warehoused products in the US. A recent move by the President did away with a useful loophole that helped the company dodge taxes and US customs. Temu is now emphasizing products from their own warehouses
The U. S. Postal Service made a quick about-face, deciding to start accepting packages from China again, just a day after they said they wouldn't. This sudden change happened because of new tariffs and changes in trade rules. The U. S. government decided to add a 10% tariff on everything coming from
Trade tensions are heating up, and history might not be on our side. The current president has started targeting foreign goods with high tariffs. China is retaliating, and there's talk of more trouble with Canada, Mexico, and Europe. Economists are worried because this reminds them of a dark time i
Ford's EV journey has been quite the rollercoaster In 2024 the company faced an electrifying challenge. They lost big money in their electric vehicle division, nearly 5. 1 billion dollars, just short of their losses from 2024. Although the company's revenue from its gasoline cars helped to make u
