Canada hits back with tariffs up to 50% on $20bn of US goods
Canada retaliatory tariffs of up to 50% hit $20bn of US goods from 8 September, matching Washington's levies dollar-for-dollar.
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Economic Turmoil and Tariffs Undermine US Consumer Confidence
According to GlobalData, increasing economic uncertainty and trade tariffs are significantly eroding consumer confidence in the US. The country’s slide in the 2025 World Happiness Report—to 24th place, its lowest-ever…
Donald Trump Challenges BRICS De-Dollarization with Tariff Threat
In a bold move, Donald Trump announced drastic measures against the BRICS de-dollarization agenda.His strategy includes imposing a 100% tariff on nations abandoning the US dollar, aiming to safeguard its…
China Imposes Tariffs on EU Brandy in Response to Vehicle Duties
In a significant trade dispute escalation, China has imposed tariffs on European brandy, notably targeting major French producers such as Hennessy and Remy Martin. The move is a direct response…
EU considers tariffs on US exports
The EU is set to retaliate against US tariffs on steel imports by imposing import duties on US products including peanut butter, bourbon whisky, orange juice, cranberries, steel and industrial…