Browsing: tariffs

Honda Hits the Brakes on Canadian EV Factory Amid Tariff Tensions

Honda has put the brakes on its ambitious plans for a new electric vehicle factory in Canada, as rising trade tensions and tariff disputes cast a shadow over the automotive landscape. This decision highlights the increasing uncertainty surrounding the EV market and raises questions about future investments in this rapidly evolving sector.

Gold Prices Plunge 3% Following US-China Tariff Agreement

Gold prices took a notable plunge of 3% as the U.S. and China struck a landmark tariff agreement, effectively easing trade tensions between these two economic powerhouses. This pivotal deal ignited a wave of investor optimism, redirecting attention away from safe-haven assets such as gold.

Unlocking Trade: Essential Insights on the US-UK Tariffs Agreement

The newly forged US-UK tariffs agreement is set to pave the way for smoother trade relations by slashing tariffs on essential goods. In a bid to bolster their economic partnership in the wake of Brexit, both countries are focused on fostering mutual growth and prosperity. It’s crucial for businesses to stay updated on how these changes will impact their exports and imports.