Tariffs
Latest in Tariffs
Donald Trump Unleashes New Tariff Rates on His Own
From April 5, 2025, the U.S. sets a sweeping 10% import tariff, up to 50% for select countries. USMCA-compliant imports…
U.S. and China Strike Surprise Trade Deal Breakthrough
The May 12, 2025 US-China trade deal delivers a 115% tariff reduction, a 90-day trade pause, and joint fentanyl crisis…
U.S., China Slash Tariffs in Surprise Deal
U.S.–China trade tensions ease with a 90-day, 115% mutual tariff reduction starting May 14, 2025. A 10% baseline tariff remains.…
Canada’s unemployment rate hits highest point since 2017
In April 2025, Canada’s unemployment rate hit 6.9%, led by 31,000 lost manufacturing jobs, especially in Ontario. U.S. tariffs fueled…
Trump’s Tariff Reset Shakes Marine, Aviation Markets
Trump’s 2025 tariff reset brings a 10% import tariff erasing previous exemptions, causing slower growth in marine and aviation markets.…
Trump Slashes China Tariffs Before Trade Talks
President Trump suggests lowering tariffs on Chinese goods from 145% to 80%, signaling a potential de-escalation of the ongoing trade…
New economic deal cuts US tariffs for British car makers and steel industry
The 2025 UK-US economic deal slashes car and steel tariffs, creates opportunities for British farmers, and preserves food standards. This…
European Parliament extends trade visa-free access for Ukrainian steel
On May 8, 2025, the European Parliament strongly backed a three-year extension of visa-free trade for Ukrainian steel and iron.…