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Articles for tag: alcohol, Canada, donald trump, GSA, Mark Carney, tariffs, trade war

August 12, 2025

News Desk

We, China expands the truce truce for 90 days

Listen to the article The United States and China on Monday expanded a truce for another 90 days, removing triple structural duties for each other’s goods, as US retailers are preparing to increase stocks ahead of the critical holiday season at the end of the year. US President Donald Trump announced the social platform of truth that he had signed an executive mandate suspends the imposition of higher invoices by 12:01 am. EST (0501 GMT) on November 10, with all other truce elements remaining in place. The Chinese Ministry of Commerce issued a parallel palace on additional invoices early on

The US-UK trade agreement is expected as Trump promises ‘big announcement’

Listen to the article WORLD: US President Donald Trump hints at the announcement of a significant trade agreement with the United Kingdom in what could signal the first concrete step towards guiding the pricing tensions that have hit world markets. “A large press conference tomorrow morning at 10:00 am, the Oval Office, on an important trade agreement with representatives of a large and highly respected country,” Trump social writes late Wednesday. Photo: Truth Social Although he did not name the country, a source familiar with the issue confirmed that it is the United Kingdom. If confirmed, the agreement will represent

April 29, 2025

News Desk

The risk of global recession rises as US invoices Shake Markets: Reuters Poll

Listen to the article The risk of global economic downturn has increased due to sweeping US invoices, according to a new Reuters poll with more than 300 economists. The majority now believe that the global economy could shrink this year, referring to the weakening of business feelings and financial instability caused by President Donald Trump’s aggressive commercial policies. Trump’s management imposed 10% invoices on all US imports and a sharp 145% invoice on Chinese goods, sending crusts through markets and undermining investor confidence. Despite the temporary suspension of certain invoices, businesses remain cautious of the unpredictable policy. “Planning for the

April 15, 2025

News Desk

China stops exports of rare earth

Listen to the article China has stopped exports of critical minerals and rage magnets in response to growing commercial tensions with the United States, threatening global supply chains for electric vehicles, semiconductors and military material. The move comes as part of Beijing’s retaliation against US President Donald Trump’s new invoices that were introduced this month. Sources in the industry have said that Chinese customs have prevented the sending of six heavy elements of rare land and a related magnet from ports across the country. Exporters must now apply for special licenses for the sending of materials abroad, but China has

Marco Rubio is heading to Canada amid Trump’s scalable tariff war

Listen to the article US Secretary of State Marco Rubio traveled to Canada on Wednesday, signaling a higher level visit by President Donald Trump’s administration from the launch of a controversial trade dispute with the country. Rubio’s journey comes as US-Canada relations continue to worsen under Trump’s aggressive trade policies, which included the imposition of invoices for steel and aluminum. Rubio is watching the team of seven (G7) of Foreign Ministers in Charlevoix, Quebec, where he will support further support for Ukraine, a key issue for industrial democracies. The G7 has largely supported Ukraine after Russia’s 2022 invasion, but Rubio’s

March 4, 2025

News Desk

Wall Street falls as Trump imposes invoices on Canada, Mexico and China

Listen to the article US reserves were immersed after President Donald Trump confirmed that abrupt tariffs in Canada and Mexico will come into force as planned, causing fears of escalating commercial tensions and economic uncertainty. The Dow Jones industrial average decreased nearly 800 points or 1.8%, while the S&P 500 decreased by 2.1%, marking the worst day trading day. The Nasdaq complex destroyed 3%, weighed with a separate fall in Nvidia, which lost more than 9%. Speaking to the White House alongside the Secretary of the Commerce Howard Lutnick, Trump said the deadline for trade negotiations had passed and the

February 2, 2025

News Desk

Trump strikes Canada, Mexico and China with invoices. retaliation emerge

Listen to the article US President Donald Trump has announced sweeping new invoices for goods imported from Canada, Mexico and China, escalating commercial tensions with the country’s three largest commercial partners. Invoices, which are to come into force on Tuesday, include a 25% duty on imports from Canada and Mexico and a 10% invoice in Chinese goods. Canadian energy products will face a lower 10%contribution. Trump justified the move in response to illegal concerns about drug trafficking and trafficking, citing the International Emergency Emergency Law (IEEPA). “Today’s price announcement is necessary to keep China, Mexico and Canada responsible for their

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