A recent announcement has made waves in the global market. The United States has decided to hike up the tariffs on steel and aluminum imports from Canada by an additional 25%. This move brings the total duties to a whopping 50%. This decision comes as a response to Ontario's recent 25% tax on ele
The past few weeks have been a rollercoaster ride for the economy. Tariffs with Canada and Mexico have been all over the place. There have been cuts to the federal workforce and fears of a government shutdown. And let's not forget the stock market's wild ride. The Dow Jones Industrial Average took a
The stock market experienced a significant downturn on Monday, with the Dow Jones Industrial Average plunging by nearly 900 points. This sharp decline was driven by investor anxiety over President Trump's economic policies and his refusal to rule out a potential recession. The market's fear gauge, t
A recent phone call between former U. S. President Donald Trump and outgoing Canadian Prime Minister Justin Trudeau has sparked some controversy. The conversation, which took place on Wednesday, was centered around tariffs and the fentanyl crisis. Trump, known for his strong stance on trade and bord
In a surprising turn of events, Shawn Fain, the head of the United Auto Workers (UAW), has found common ground with President Donald Trump. This unlikely alliance centers around Trump's proposed tariffs, which include a 25% levy on automobiles and their parts. Fain, who has been vocal about his disa
Canada has been in a whirlwind of trade policy chaos. The U. S. has been playing a game of tariff ping-pong. One moment, tariffs are on; the next, they're off. This back-and-forth has left businesses scrambling, markets uncertain, and governments frustrated. Canadian manufacturers had to rush to rev
The stock market took a nosedive recently, with all three major indexes opening much lower than usual. This happened after President Trump hinted at a possible recession during an interview. He mentioned that the economy is going through a "transition period" but wouldn't confirm or deny a recession
Trump has been making waves with his tariff plans, causing quite a stir among businesses. He's not backing down from his plans to impose tariffs on a wide range of trading partners. This includes the possibility of raising tariffs to match what other countries charge the US. April 2nd is the big day
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
