U.S. President Donald Trump has increased tariffs on Canadian imports from 25% to 35%, effective at midnight. The White House also announced new levies on dozens of other countries, set to take effect in seven days. While tariffs on Mexico have been delayed for 90 days, the move follows Trump’s April announcement that caused global …
The United States and European Union have agreed on a trade deal, ending months of tension. After key talks in Scotland between President Donald Trump and European Commission President Ursula von der Leyen, the two sides settled on a 15% US tariff on all EU goods—half of the 30% Trump had previously threatened. In return, …
Canadian Prime Minister Justin Trudeau is under intense political pressure following the resignation of Finance Minister Chrystia Freeland on December 16, 2024. Freeland cited disagreements over fiscal policies and concerns about impending U.S. tariffs proposed by President-elect Donald Trump. Freeland, a key figure in Trudeau’s cabinet, criticized the government’s fiscal direction, calling certain measures “costly …