In a bold move, Trump threatens tariffs on goods not complying with USMCA, criticizing Canada for drug smuggling. With deadlines looming, will a new trade deal be reached?
The number of migrants crossing the English Channel has surged by 56% this year, prompting the UK and France to explore a new agreement aimed at tackling the people-smuggling gangs behind these crossings. Will this bold plan work?
President Trump has sent letters threatening new tariffs of up to 30% on goods from seven countries, including the Philippines and Iraq. With negotiations ongoing, the US's trade stance continues to evolve as the deadline looms.
In a significant development, Mayor Cherelle Parker announced that the work stoppage involving District Council 33 and the City of Philadelphia is officially over. After a grueling 12-hour negotiation, a tentative contract has been agreed upon, granting workers a 3% raise over three years. Despite this, the union's demands for a 32% increase remain unmet, but the deal is hailed as a historic win for the city.
President Trump delays the implementation of new tariffs on several countries as he seeks to finalize trade deals. This decision could have significant implications for the economy and U.S. trading partners.
President Trump has announced a 25% tariff on 14 nations, including Japan and South Korea, starting August 1, unless new trade deals are reached. This marks a significant escalation in trade tensions.
Stock markets in Asia experienced a downturn as U.S. officials hinted at tariff delays without clarity, while OPEC+ surprised with a larger-than-expected oil production increase, raising concerns about inflation and economic growth.
Wall Street's major indexes fell as tariff tensions escalate and Tesla shares took a hit after Elon Musk's political party announcement. Meanwhile, WNS skyrocketed after a major buyout deal.
Donald Trump announces new tariffs set to take effect August 1, creating confusion and uncertainty among trade partners. With letters going out to several countries, the global economy braces for impact.
Vietnam's recent tariff agreement with the US has sent ripples through the global market. While initially promising, concerns over transshipment definitions could reshape trade dynamics, especially with China.