Economy News

Economy

EU Prepares to Counter US Tariffs: A Potential Trade War Looms

The European Union warns of a firm response to potential US tariffs on EU products, as President Trump's recent tariffs on Canada, Mexico, and China have already caused economic di...

Economy

North American Spirits Industry Calls for Dialogue Amid Rising US Tariffs

The North American spirits industry is urging for constructive dialogue to address concerns over new US tariffs on imported spirits from Canada and Mexico, fearing significant harm...

Economy

Canada Strikes Back: Justin Trudeau Announces 25% Tariffs on Select American Goods

Canadian Prime Minister Justin Trudeau announces a 25% tariff on $155 billion worth of American goods in response to U.S. tariffs on Canadian products. The move aims to protect Can...

Economy

China Vows Countermeasures Against US Tariffs, Opposing WTO Rule Violations

China opposes the new US tariffs on all Chinese goods, calling them a violation of WTO rules. The Chinese Ministry of Commerce plans to file a lawsuit with the WTO and take counter...

Economy

Volkswagen Urges Dialogue to Avert Trade War Following US Tariffs on Imports

Volkswagen calls for negotiations to prevent a trade conflict following US tariffs on imports from Mexico, Canada, and China. The German automaker warns of potential supply chain d...

Economy

US Spirits Industry Calls for Constructive Dialogue Amid Rising Tariffs on Canadian and Mexican Imports

The US spirits industry, including groups from Canada and Mexico, expresses concern over new US tariffs on imported spirits, fearing harm to the North American spirits industry. Th...

Economy

EU Prepares to Counter US Tariffs: A Potential Trade War Looms

The European Union warns of a firm response to potential US tariffs on EU products, amidst fears of a global trade war following President Trump's recent tariffs on Canada, Mexico,...

Economy

Panama Withdraws from China's Belt and Road Initiative Following High-Level Talks with U.S.

Panama has decided not to renew its Belt and Road Initiative agreement with China after talks with U.S. Secretary of State Marco Rubio, focusing on sovereignty, security, and econo...