The Trump administration’s move to slap a 35% tariff on Canadian goods has ignited fierce tensions between the U.S. and Canada, pushing trade relations to a breaking point and sending shockwaves through industry leaders on both sides
Browsing: economic policy
Canada’s finance chief dialed down hopes for a tariff-free trade deal with the U.S., highlighting the challenging path that lies ahead in negotiations. This frank admission casts a spotlight on the intense tensions driving the future of bilateral trade discussions
Former U.S. President Trump has ramped up trade tensions by threatening Brazil with an eye-popping 50% tariff. The Atlantic Council explores how President Lula can skillfully navigate this challenge to protect Brazil’s economy and bolster its diplomatic ties
Argentina’s Javier Milei is electrifying the political landscape with his bold economic reforms and skyrocketing popularity. His fearless, unconventional approach is rewriting the rules and challenging entrenched powers like never before
Former President Donald Trump is demanding an immediate stop to Bolsonaro’s trial and has imposed a hefty 50% tariff on Brazilian imports, escalating the growing tensions between the US and Brazil, reports The Guardian
French President Emmanuel Macron delivered a compelling call for the UK and France to break free from their dependence on the US and China, stressing that protecting national sovereignty and economic stability is crucial. He fervently championed a bold leap toward stronger European strategic autonomy
Brazilian President Lula told Bloomberg that Brazil is more than ready to face the U.S. tariffs introduced during Trump’s administration, emphasizing the country’s strength and resilience to thrive independently without relying heavily on American trade
Chinese President Xi Jinping is signaling a bold new strategy to put an end to the prolonged deflationary price wars, with the goal of stabilizing markets and sparking robust economic growth, Yahoo Finance reports. This move has the potential to reshape China’s competitive landscape in a profound way
Former U.S. President Donald Trump has ramped up tensions with Brazil by threatening a staggering 50% tariff, further fueling the trade and diplomatic storm sparked by the trial of former Brazilian President Jair Bolsonaro
Carney’s “Build, Baby, Build” infrastructure plan is fueling intense backlash from Indigenous communities. Opponents argue it threatens sacred lands and proceeds without proper consultation, raising urgent cultural and environmental concerns
Former President Trump has launched bold, reciprocal tariffs on imports from Japan, South Korea, and other key trading partners, aiming to tackle trade imbalances head-on and ignite a powerful comeback for U.S. manufacturing amid persistent global supply chain challenges
Argentina’s Economy Minister Javier Milei boldly urges Mercosur to accelerate trade openness, declaring, “Argentina will move forward, whether accompanied or alone.” He stresses the urgent need for rapid integration to spark the nation’s economic growth and boost its competitive edge
Japan navigates economic uncertainty as US tariffs climb under Trump, expertly balancing the looming threat of recession with savvy trade strategies. The government is resolute in protecting exports while avoiding a deeper market crisis
As the July 4 deadline looms, India stakes out firm red lines in the India-US interim trade deal talks, emphasizing its key demands. New Delhi sends a clear message: the ball is now in Washington’s court, Mint reports
Anti-Milei sentiment is rapidly intensifying among Argentina’s elites, as business leaders and political figures express growing concern over the libertarian economist’s soaring influence and bold, provocative rhetoric ahead of the upcoming elections
Canada has stepped back from its digital services tax after President Trump put U.S. trade talks on hold, aiming to ease tensions and protect the crucial trade partnership between the two nations amid escalating economic disputes, CNBC reports
China has fiercely condemned former President Donald Trump’s recent trade deal with Vietnam, warning that it endangers regional stability and undermines long-standing economic partnerships, the Financial Times reports
U.S.-Japan tariff talks have hit a roadblock over key automotive and rice trade disputes. The two countries remain locked in a standoff, with the U.S. pushing for increased auto exports while Japan stands firm on safeguarding its rice industry
Japan has firmly invoked its national interest amid the intense tariff negotiations with the US, signaling a determined stance as talks face major hurdles. Both countries are working hard to find common ground and ease escalating trade tensions, Reuters reports
India is embarking on a bold mission to break China’s dominance in rare earth magnets. By aggressively boosting domestic production and strengthening supply chains, the government aims to reduce reliance and supercharge its technology and defense sectors