Canada is taking action to shield its steel and lumber industries from the impact of U. S. tariffs. Prime Minister Mark Carney announced new measures to support these sectors, signaling that a trade deal with the U. S. may not be on the horizon. The new strategy includes a tariff on imported steel, limits on foreign steel imports, and reduced rail transport costs fo...
Taiwan's Premier Cho Jung-tai recently addressed rumors about teaming up with South Korea to tackle U. S. semiconductor tariffs. He stated that there's no concrete info on any joint efforts with South Korea. Instead, Taiwan is focusing on direct talks with the U. S. South Korea's trade minister had hinted at possible collaboration with Taiwan on this issue. However,...
The fashion world is in a tough spot right now. Tariffs on clothes and shoes have shot up, making things really hard for businesses. At first, they were around 13%, but then they jumped to 54% in April 2025. Even though they dropped a bit later, they're still much higher than usual, sitting at 36% for the top 10 importers. This big change is shaking up the industry, ...
Prices are going up, and it's not just a small increase. They're climbing at a speed that's making life harder for many people. An expert in economics has pointed out that this affordability crisis could have been avoided. The expert shared some numbers that show how bad it is. In September, prices were up 3% from the year before. That's higher than the 2. 3% increa...
Canada's Prime Minister mentioned that trade talks with the US are on pause. He said they'll start again when the time is right. He didn't sound too worried about it, though. He said Canada is busy with other things right now, like building new partnerships. The talks stopped last month because of an ad from Ontario's government. The ad was about tariffs, and the US...
Steven Paul, a well-known figure in Hollywood, recently visited Qatar. He was there for a big industry event. The goal? To make Qatar a major spot for film and TV in the region. Paul, who runs SP Media Group, was in talks with Qatar’s Film Committee. But no deals are final yet. Paul is famous for his role in a memo called \"Make Hollywood Great Again. \" This memo h...
Let's dive into the recent talk about sending out $2, 000 checks to middle-class families. The idea is to ease the financial burden, but there's a catch. Tariffs have already taken about $1, 800 from families. So, these checks aren't a gift from abroad. They're more like a refund for what's already been paid. The numbers don't add up. The checks would cost the gover...
In August, trade numbers took a dive. The reason? New tariffs. These taxes on imports and exports started on August 7th. They came from the U. S. government. The result? A big drop in trade. First, let's talk about imports. These are goods and services bought from other countries. In August, they dropped by 5. 1%. That's a lot! The total was $340. 4 billion. Why? Be...
Trump has been talking about giving Americans a $2, 000 check from tariff money. But there's a big problem: new laws need to be made for this to happen. Trump said the money would come next year. He thinks the U. S. has enough money from tariffs to do this. But others aren't so sure. They say only Congress can decide how to spend federal money. And it's not clear if...
The Supreme Court is currently reviewing a case that could significantly alter President Trump's trade policies. Several states and small businesses are contesting the legality of Trump's tariffs, and many of the justices seem sympathetic to their arguments. Trump has been using the International Emergency Economic Powers Act (IEEPA) to justify most of his tariffs. ...