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Canada Ends Era of Close Ties With the US Amid Auto Tariffs

Canadian Prime Minister Mark Carney declared the end of the historically close economic, security, and military relationship between Canada and the United States following the announcement of new auto tariffs by President Donald Trump. Trump’s decision to impose a 25% tariff on vehicle imports......

Morocco's strategic positioning in turbulent global trade

Morocco is currently maneuvering through a landscape marked by diplomatic and trade challenges, amidst a backdrop of global economic uncertainty. The year 2025 unfolds with apprehensions regarding international trade, particularly as the U.S. administration under President Trump signals potential tariffs......

US Tariffs on Steel and Aluminum Escalate Global Trade War

The United States has implemented new tariffs on steel and aluminum imports, further intensifying the global trade war initiated by President Donald Trump. As of Wednesday, all metal imports are now subject to a 25% tariff with no exemptions, and the duty on aluminum has increased from 10%. The expiration......

China Boosts Economic Growth amid Unprecedented Global Shifts

China is intensifying its economic growth efforts as it navigates rapid global changes and rising trade tensions with the United States. The country has introduced additional fiscal stimulus, prioritizing domestic consumption and economic stability while aiming for a 5% growth rate in 2025. Premier......

Canada faces crucial economic challenge due to Trump’s tariffs

The Trump administration has followed through on its threat to impose tariffs on Canadian goods. As of Tuesday, a 25% tariff on most Canadian imports (except energy, which faces a 10% tariff) has been enacted. In addition, Mexico and China have also experienced increased tariffs, with Mexico facing a......

Aviation jobs at risk in the U.S. amid potential trade war with Canada

A potential trade conflict between the United States and Canada could threaten tens of thousands of jobs in the American aviation sector, warned Bombardier’s CEO, Éric Martel, on Thursday. Martel emphasized that half of Bombardier’s aircraft production is destined for the U.S. market,......

EU pledges strong response to US tariffs on steel and aluminum

The European Union has vowed to take firm action in response to the new US tariffs on steel and aluminum. Ursula von der Leyen, President of the European Commission, declared on Tuesday that these measures "will not go unanswered," emphasizing that the 27-member bloc will implement robust countermeasures......

Trump’s first meeting with Japan’s prime minister amid tensions with China

U.S. President Donald Trump is scheduled to meet Japan's Prime Minister Shigeru Ishiba for the first time this Friday. This meeting comes as both countries, concerned about China's growing influence, seek to strengthen their business and security relationships. The U.S.-China trade conflict,......

The impact of the US-China trade war on Europe: ECB's perspective

The European Central Bank (ECB) may further lower interest rates as inflation continues to moderate, according to board member Piero Cipollone. He also warned that escalating trade tensions between the United States and China could negatively affect the 20-member eurozone economy. Since June, the ECB......