To investors worried about the direction of volatile markets over the next few weeks, fear not. I have some good news for you. The impact of US President Donald Trump’s tariff tantrum is abating. The markets are back to normal – at least for now. But to understand why markets have somewhat recovered, albeit temporarily,…
Outgoing Canadian Prime Minister Justin Trudeau said Canada will place 25 per cent tariffs on USD 155 billion in US imports in retaliation for Donald Trump’s tariffs, urging people of his country to buy local products and consider vacationing domestically. Canada’s Prime Minister Justin Trudeau arrives to address media following the imposition of a raft…
President Donald Trump’s decision to impose new tariffs on imports from Canada, Mexico, and China has triggered strong reactions from US trading partners, with Canada and Mexico outlining potential countermeasures and China warning of retaliation. The tariffs, which take effect Saturday (February 1), include a 25% levy on Canadian and Mexican imports and a 10%…
One of America’s largest toy makers says it is negotiating with suppliers and considering design changes ahead of potential new levies. “We’ve been preparing for many months for any contingency,” Chris Cocks, Hasbro’s chief executive, said in an interview. The threat of new taxes on toy imports comes amid a long-term shift in the industry…