Keywords: U.S. tariffs
Gold prices surged to an all-time high on Tuesday as investors turned to safe-haven assets amid growing fears over new U.S. tariffs. Spot gold rose 0.6% to $3,143.05 per ounce after reaching a record $3,148.88 earlier in the session. Meanwhile, U.S. gold futures climbed 0.6% to $3,169.50. The metal......
South Korea, China, and Japan held their first economic dialogue in five years on Sunday, aiming to boost regional trade amid the looming threat of U.S. President Donald Trump's tariffs. During the meeting, the three nations' trade ministers agreed to collaborate closely on high-level discussions......
Canada's economy is poised to enter a recession this summer due to tariffs imposed by the United States, according to a recent report from the Desjardins financial services group. Economists at Desjardins warned that the cumulative impact of these tariffs could trigger a recession as early as the......
In early April, President Donald Trump announced a new 25% tariff on imports of cars, semiconductors, and pharmaceuticals. This addition follows previous tariffs on steel and aluminum that have already impacted Europe and Asia. Trump has indicated that these tariffs may increase further after one year. The......
Vietnam is preparing new regulations to permit Elon Musk's Starlink to offer satellite internet services within the country while ensuring that any local subsidiary remains fully under Vietnamese ownership, according to a draft proposal. This policy shift, which follows extensive negotiations with......
The recent imposition of a 25% tariff on steel and aluminum imports by the United States is already affecting Argentina. On Wednesday, an Argentine steel company announced the dismissal of 1,000 workers in response to the new trade measures. Acindar, a subsidiary of the Indian group ArcelorMittal, reached......
China has recently introduced a series of economic measures aimed at counteracting U.S. tariffs, notably a 10% tax on various Chinese imports. This includes tariffs on coal, liquefied natural gas, crude oil, agricultural machinery, and large cars. These duties will be effective starting February 10,......
On January 26, 2025, a late-night social media post by Colombian President Gustavo Petro triggered a diplomatic dispute with the United States, exacerbating tensions over the treatment of Colombian migrants being deported. Petro criticized the U.S. for its handling of deportations, particularly after......
Canada is set to file a formal complaint with the World Trade Organization (WTO) against the tariffs recently imposed by the United States, while also seeking remedies under a regional free trade agreement, according to a Canadian government official. The official, speaking anonymously, stated that......
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