· 2h · on MSN
Canada Delays Most Tariffs on US After Trump Eases Trade War
Trump tariffs prompt Target, Best Buy to warn shoppers about higher prices
Target and Best Buy warned shoppers to expect higher prices as a result of President Donald Trump’s escalating trade war.
· 2h
Canada's tariffs to remain despite Trump postponing tariffs on many imports from Canada for a month
European Central Bank cuts rates by a quarter point to support growth as possible trade war looms.
Chinese artificial intelligence firm iFlyTek is planning to expand its European business as trade tensions rise between the United States and China, Vice President Vincent Zhan said. "The U.S. and China trade war has some impact for us,
Alberta, Canada’s top oil-producing province, is projecting its first budget deficit after four years of surpluses as the prospect of a trade war with the US weighs on the outlook for economic growth and oil revenue.
China on Wednesday set its GDP growth target for 2025 at around 5% as it starts its annual parliamentary meeting amid escalating trade tensions with the U.S. Beijing raised its budget deficit target to expected 4% of GDP,
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, with inflation seemingly stuck and a trade war seen as inevitable.
Major stock markets in the Gulf fell in early trade on Wednesday after the latest round of U.S. tariffs and countermeasures from Canada and China stoked fears of a major global trade war.
Inflation is heating up, a trade war is brewing and American consumers aren’t feeling great about the economy. That’s a toxic mix for businesses.
China is a major importer of American farm products, though its purchases dipped after Trump launched a trade war during his first term in office, and then recovered.
"Tariffs are about making America rich again and making America great again," Trump said in his address to Congress.
U.S. President Donald Trump's trade war with China will give Brazilian agricultural exporters an opportunity to take an even bigger share of the Chinese market at the expense of American farmers, but it could also fuel already high food inflation in Brazil.
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