New Zealand is getting ready for a rough patch in global trade. The country's finance chief, Nicola Willis, thinks that teaming up with neighbors and other partners is the way to go. This is especially important with the U. S. and China at odds over trade. Willis recently talked about this at big f
The leaders of two of the world's most powerful countries had a chat on the phone. They talked about trade and how to keep their agreement from falling apart. Xi Jinping, the leader of China, used a clever comparison. He said their relationship is like a big ship. Both leaders are like captains, ste
Canada's steel industry is in a tough spot. The US has doubled tariffs on steel imports from Canada. This move has sparked a lot of anger and worry. The industry is bracing for major job losses and factory slowdowns. Steel is a big deal in Canada. It's a 15 billion dollar industry. It employs 23, 0
The trade relationship between the United States and China hit a rough patch. The latest development? A public accusation from the U. S. President. He claimed that China had not kept its end of a recent trade bargain. This news sent a ripple through the stock market, causing a slight dip in early tr
The US is shaking things up again with a major change in steel and aluminum import taxes. Starting this Wednesday, the tariff rate on these imports will jump from 25% to 50%. This move is part of a broader strategy to boost local steel production and reduce dependence on foreign suppliers, particula
The U. S. and China are at a standstill. The U. S. aims to bring manufacturing back home. China wants to sell its goods in the American market. This is a tough situation, but a smart solution could make it work for both sides. In the past, China demanded that American companies build factories in C
The world watched as the U. S. and China sat down to talk tariffs. This isn't just about two countries having a chat. It's about the global economy hanging in the balance. The talks stretched on for hours, but no one knows if anything was accomplished. Both sides kept their cards close to their ches
Oil is a big deal for Iran. It makes up over 40% of the country's exports. So, when Trump threatened to punish countries buying Iranian oil, it was a significant move. This threat came just after planned talks between the US and Iran were delayed. The talks, set to happen in Rome, were supposed to d
The recent escalation in tensions between the United States and Iran has taken a new turn. The U. S. President has declared a tough stance against Iran's oil exports. This move is part of a broader strategy to pressure Iran, especially as talks about its nuclear program stall. The president has warn
The U. S. government has been vocal about the need for significant changes in how the International Monetary Fund (IMF) and the World Bank operate. This push comes at a time when there are worries that the U. S. might pull out of these global financial bodies altogether. The U. S. has been making wa
