Tariffs

On Monday, President Donald Trump agreed to suspend for 30 days his looming tariff threats against Mexico and Canada. Why this sudden change of heart? It appears our two largest trading allies made significant efforts to tackle Trump's concerns over border security and drug-related issues, efforts that warranted a temporary reprieve. Consider this pause a cooling-off period after what could only be described as a tempestuous few days. North America found itself on the brink of a trade war—a situation brimming with the…

In a dramatic escalation of trade tensions, U.S. President Donald Trump has announced steep tariffs on imports from Canada, Mexico, and China, starting Tuesday. The punitive measures entail a staggering 25% tariff on goods from Canada and Mexico, alongside a 10% levy on Chinese imports. Economists are ringing alarm bells, suggesting this could spark a new trade war, jeopardizing global growth and reigniting inflationary pressures. Following a lengthy golfing session in Florida, Trump put pen to paper on three isolated…

The administration of U.S. President Donald Trump is poised to introduce new tariffs targeting key trading partners: Canada, Mexico, and China. This move could disrupt supply chains that span multiple sectors—from energy to automotive—while raising alarms about potential inflation. Specifics of the tariffs are already generating concern. Mr. Trump intends to impose a steep 25% tariff on imports from Canada and Mexico, attributing this decision to what he perceives as these nations’ inadequate efforts to curb illegal…

In a bold move likely to stir international trade waters, U.S. President Donald Trump confirmed plans to impose 25% tariffs on imports from Mexico and Canada beginning February 1st. "Will oil be part of the equation?" you might wonder. Surprisingly, that remains an unanswered query. In a meeting with reporters within the storied walls of the Oval Office, Trump cited the hefty influx of undocumented migrants and the perilous rise of fentanyl-mediated deaths as motivations behind this policy shift. With a furrowed brow and a…