The big news today is that Canada is not happy. "Tariffs are unjustified" said Canada's industry minister. The issue is steel and aluminum imported from other countries. Donald Trump wants to tax these metals. He actually announced 25% tax on these products. He said there would be n
Imagine the US and China having a massive argument over trade. Now, the U. S starts to implement nasty 10% tariffs on all products from China. This is crucial because many consumer products we use daily in the US come from China. Electronics are big. Think cellphones and c
US tech giants are in Beijing's cross-hairs. China's watchdog for market regulation is now investigating Google and Nvidia, and it’s mulling over a fresh probe into Intel. These moves are mostly raised as the tit-for-tat retribution for Washington’s new tariffs. In other words, China’s tech war is e
The recent plan to slap tariffs on Mexico and Canada might end up making your groceries cost more. Picture this: a world where avocados from Mexico and dairy from Canada become pricier at the grocery store. That’s because the US depends on these neighbors for many everyday food items. Let’s break i
Recently, a significant move was made. A 25% tariff was placed on goods from Canada and Mexico, and a 10% tariff on goods from China. This was done with effect from Saturday. The plan was not just to address illegal immigration and fentanyl issues. It also had a goal to increase domestic manufacturi
Imagine this: A border wall in the distance, a row of trucks laden with vehicles are ready to enter the U. S. The auto industry in the US is feeling the heat of possible tariffs on autos from Canada and Mexico. Before February 1, the industry hasn't had a solid strategy but guess what, they need to
Political intrigue and economic tension tinged the air as former President Trump weighs up a potential bighunted move. Trump had a brainwave. He'd target import prices he felt were unfair, but opted to consult as his strategic plan needed a cool head. He mulled over his options. The kne
Chrystia Freeland, a Canadian politician running for prime minister, thinks it's time to fight back against U. S. President Trump's tariff threats. She wants to hurt the U. S. economy where it matters most. For example, she mentioned targeting Florida orange growers, Wisconsin dairy farmers, and Mic
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
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
