A significant shift in trade policy has occurred, as new tariffs have been imposed on Mexico, Canada, and China. The move, announced at a club in Florida, aims to curb drug trafficking and illegal immigration. However, this decision might lead to higher prices for everyday items, from avocados to ca
A massive wave of changes was announced concerning trade and economy. Headlines were grabbed after Donald Trump had declared that a fresh series of tariffs were imminent. The targets were countries like Mexico, China and Canada. Focusing on specific products, including chips, oil and gas, the aim wa
The World Economic Forum in Davos, Switzerland, was abuzz with worries and hopes following Donald Trump's inauguration as U. S. President. European Commission President Ursula von der Leyen cautioned against a steely era where nations might frequently shield behind protective walls like sanctions an
As the sun shines over Florida, Canadian ministers are taking a trip to discuss a cloudy issue: potential tariffs on Canadian imports. The newly appointed Finance Minister, Dominic Leblanc, and Foreign Minister, Melanie Joly, flew to Palm Beach to chat with the team of US President-elect Donald Trum
President-elect Donald Trump is stepping into a world full of heated conflicts. Two experts from Indiana University are warning that his 'America First' policy might not be the best move. The U. S. is already facing intense wars in places like Ukraine and the Middle East. Trump has a lot on his plat
Since 2018, there's been a steady split between the U. S. and China's economies due to trade tensions. Then a surprising twist: the COVID-19 pandemic in 2020. How did this affect U. S. imports? Let's look at how U. S. importers dealt with the trade war and the pandemic lockdowns. We'll explore the i
Imagine a world where President Donald Trump slaps massive tariffs on all Chinese goods. Some experts think it could spark an economic war. Two states that helped Trump win the 2024 election, Nevada and Florida, might feel the most pain. A study by the U. S. -China Business Council and Oxford Econom
President-elect Donald Trump has threatened to impose a hefty 60% tariff on all Chinese goods entering the U. S. While this move might seem like a blow to China's economy, experts suggest it could actually benefit Beijing in the long run. Professor Chen Zhiwu from the University of Hong Kong believe
Everyone's talking about a trade war, and with good reason. President-elect Donald Trump has threatened high tariffs on all goods coming into the U. S. , sparking fears of a global economic downturn. But who's really at fault? Some are pointing the finger at Trump, but others say it's China that sho
US-based drone maker Skydio has found itself in a tricky situation. Last month, China decided to sanction the company. Why? Because Skydio sold its drones to Taiwan’s national fire service. This news came from Skydio’s CEO, Adam Bry, in a blog post. Before the sanctions, Skydio mostly got its batte
