Trump's threat to slap tariffs on Canada and Mexico didn't really stick. Pushing back against the idea of trade war, Trump himself stepped back from the brink. If you look at the whole situation, the administration quickly backtracked from its tough talk. Mexico and Canada, to avoid tariffs, they
The U. S. Postal Service made a quick about-face, deciding to start accepting packages from China again, just a day after they said they wouldn't. This sudden change happened because of new tariffs and changes in trade rules. The U. S. government decided to add a 10% tariff on everything coming from
Trade tensions are heating up, and history might not be on our side. The current president has started targeting foreign goods with high tariffs. China is retaliating, and there's talk of more trouble with Canada, Mexico, and Europe. Economists are worried because this reminds them of a dark time i
Rising tensions between the US and China are intensifying after the US Postal Service suddenly stopped accepting packages from China and Hong Kong, leaving many wondering about the reasons. This unexpected move coincides with the ongoing trade disputes between the nations. The US Postal Service has
The markets simmer down but not out of the woods. Recent instability in the markets could have been caused by many factors but today the hot topic is the uncertainty that the tariff battle is causing. Tariff tit for tat. Some international retailers now playing hot potato. The shenanigan
In the latest round of trade tensions, China up a new ante. They placed tariffs on 15% on coal and liquefied natural gas. China also slapped a 10% tariff on crude oil, machinery used in agriculture and big-engine cars imported from the U. S. That is not all. They are also investigating Google for
Imagine this: the world watches as a tense game of chess unfolds between the United States and China. Meanwhile, a different kind of battle rages on in the halls of power in Mexico and El Salvador. Picture this: Mexico is in a hurry to beef up security at its northern border. Why? Presiden
When the US started pushing higher barriers on trade, other countries stepped up. They came together to create more trade alliances. So with the new protectionism from within the US, trade has gone out of its usual track. In the past few months, the European Union especially has been busy. It finis
Brussels is gearing up for a potential trade war with the USA. They are making sure to protect EU goods. They are ready to respond to any unfair tariffs imposed on the EU. France's leaders are pushing even harder for a strong comeback. They want a response that will have a real impact. Th
The impact of new import taxes on US businesses is expected to be significant. Tough times are ahead for American businesses, with import taxes hitting key supplies from Canada, Mexico, and China. These taxes will drive up the cost of goods and services for American consumers. The levies will see pr
