Canadian Prime Minister Mark Carney has ruled out a free trade deal with China after U.S. President Donald Trump threatened 100 percent tariffs on Canadian goods. The clash exposes rising tensions over China, trade diversification, and the future of USMCA.
Donald Trump sparked global alarm after sharing AI-generated maps showing Canada, Greenland and Venezuela as U.S. territory, escalating tensions with Europe, NATO allies and global markets.
Global markets slid sharply as U.S. President Donald Trump reignited trade war fears over Greenland, sending gold and silver to record highs and triggering a renewed “Sell America” trade across stocks, bonds, and currencies.
US President Donald Trump claims the United States will collect over $600 billion in tariffs, calling them vital to national security as the Supreme Court weighs the legality of his sweeping trade regime.
Donald Trump imposed a 5% tariff on Mexico, accusing it of violating a 1944 water treaty and failing to deliver water owed to drought-hit Texas farmers.
US President Donald Trump has urged the European Union to impose tariffs of up to 100% on China and India, the two biggest buyers of Russian oil. The request, conveyed during a meeting with EU sanctions envoy David O’Sullivan, reflects Trump’s push to pressure Vladimir Putin by targeting Moscow’s energy revenues. If adopted, it would mark a major shift in EU strategy from sanctions to tariffs.
President Donald Trump has warned that the U.S. may be forced to unwind trade deals with key partners if the Supreme Court upholds a ruling striking down his tariffs. The case could reshape America’s trade policy, trigger massive tariff refunds, and spark global economic uncertainty.
Brazil’s President Luiz Inacio Lula da Silva has convened a virtual BRICS summit on September 8 to discuss Donald Trump’s escalating tariffs and reaffirm the bloc’s commitment to multilateralism. The meeting follows heightened tensions between Washington and emerging economies, as Bolsonaro’s trial in Brazil fuels further diplomatic strain.
Donald Trump blasted a federal appeals court ruling that struck down his sweeping tariffs, warning that the US would be “completely destroyed” without them. The 7-4 decision declared his use of emergency powers illegal, setting up a Supreme Court showdown.
A US appeals court has ruled Donald Trump’s global tariffs illegal, striking at the core of his economic agenda. With tariffs delayed until October 14, Trump is vowing to fight back in the Supreme Court. Here’s what the ruling means for trade, global markets, diplomacy, and the 2025 election.