Former U. S. President Donald Trump recently posted on social media, cautioning Russia about possible sanctions and tariffs if the ongoing conflict with Ukraine doesn't stop soon. He suggests that ending the war through a deal is the ideal solution, but if that doesn't happen, economic penalties are
President Donald Trump has a plan to make homes more affordable by cutting regulations. But is it as simple as it sounds? Let's dive in! First, regulations: Trump thinks high home prices are due to regulations. He's right that regulations can add costs. However, many of these rules are set by state
President Trump is in a hurry to renegotiate the US-Mexico-Canada trade agreement, or USMCA, far earlier than its planned 2026 review. The reason? He wants to secure American auto jobs and stop Chinese auto companies from establishing themselves in Mexico. By strengthening rules to keep auto factori
You might think tech tariffs are designed to bring jobs back home. But in reality, they're just shifting manufacturing to other countries. Take a Chinese company selling data center cables. They have factories in China and Thailand. Why Thailand? Because the U. S. slapped a 20% tariff on Chinese pro
It was a busy morning for U. S. Treasury yields, which took a dip at the start of Tuesday. Why? Investors were processing some big news: President Donald Trump had returned to the White House and signed a bunch of new executive orders. The 10-year Treasury yield was down by over 2 basis points to 4.
U. S. President Donald Trump has hinted at imposing 25% tariffs on Canadian imports starting February 1. He made this announcement during the signing of executive orders at the White House. Trump blamed Canada, among other countries, for allowing a large number of people and the drug fentanyl to ent
President-elect Donald Trump announced his intention to create a new agency, the External Revenue Service, to collect tariffs and other revenues from foreign countries. He shared his plan on Truth Social, comparing it to the Internal Revenue Service, which deals with domestic taxes. To make this hap
As the clock ticks down to Donald Trump's inauguration, Canada's provincial leaders are at a loss over how to handle the president-elect's tariff threats. They're scrambling to protect their economies, but they don't agree on the best way to do it. Alberta's premier, Danielle Smith, met with Trump a
Donald Trump has announced plans to create a new agency called the "External Revenue Service" to manage tariffs and duties from foreign sources. He shared this idea on his social media platform, stating that it would start operating on his inauguration day, January 20, 2025. This agency seems to be
Imagine this: the dollar is taking a dip in the global market. This happened after Bloomberg News stirred some headlines about President Trump's economic team playing with the idea of gradually raising tariffs. Instead of a massive, sudden change, they're thinking about a slow and steady approach.
