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World Trade

Zero-for-Zero Tariffs? EU Votes Today

European Union leader Ursula von der Leyen has proposed a zero-for-zero-tariff deal with the United States after the EU was hit with a 25% tariff on steel and...

China Retaliates with Tariffs and Trade Restrictions

China imposed a 34% retaliatory tariff on all US goods that will go into effect on April 10. Trump hit China with a 34% tariff in addition to the 20% levy...

Tariffs are NOT Reciprocal

How did the Trump Administration come up with these tariff rates? Why would a nation like Madagascar, for example, with a small economy, be hit with a 47% tariff?...

Japan, China, and South Korea Strengthen Ties Amid US Tariffs

Tariff concerns have heightened to such an extreme level that China and Japan are discussing deepening ties. Donald Trump may be awarded a Nobel Peace Prize for...

UAE to Invest $1.4 Trillion in Key US Sectors

The United Arab Emirates committed to one of the largest foreign direct investment pledges after agreeing to invest $1.4 trillion in the United States over the next...

American CFOs Believe Tariffs Will Cause Recession – Confidence is Dying

American businesses are losing confidence in the US economy under Trump due to the tariff wars. CNBC’s CFO Council quarterly survey for Q1 2025 learned that...

Ukraine Threatens the EU Over Trade Deal

Deputy Economy Minister Taras Kachka threatened European Union leaders that there will be consequences to pay if they fail to extend Ukraine’s duty-free access to...

China and Canada Continue Trade War

Effective March 20, 2025, China will place massive tariffs on Canadian goods. Aquatic products and pork will face a 25% tariff, while other items like rapeseed oil...

Tariffs a One-Time Price Adjustment?

Treasury Secretary Scott Bessent is wrongly advising this administration by downplaying the role tariffs will have on overall inflation. Bessent told reporters not...

BlackRock to Acquire Panama Canal

BlackRock, the largest fund management firm in the world, has plans to acquire to key ports at each end of the Panama Canal in addition to 43 ports in 23 countries....