Business

U.S. Imposes 50% Tariff on Canadian Auto and Steel Imports

The United States is set to impose a significant new tariff on Canadian automotive imports, including cars, trucks, auto parts, and steel, as announced by President Donald Trump. This...

Tariff Postponement Boosts Trade; Keystone XL Pipeline Proposal Resurfaces

In a recent development in US-Canada trade relations, President Donald Trump has announced a three-day delay on implementing...

US Allegations: 38 Nations Facilitate Economic Loopholes for Chinese Goods

The United States has raised allegations against a group of 38 countries and the European Union, accusing them...

Projected $2.1 Trillion US Deficit in 2026 Signals Economic Challenges

The United States is projected to see its federal budget deficit balloon to approximately $2.1 trillion by the...

15% Tariff on Polysilicon Aims to Shield U.S. Solar, Chip Industries

In a strategic move to bolster domestic production and decrease dependency on China, US President Donald Trump has...

US-Iran Negotiation Progress Spurs Significant Decline in Oil Market Prices

On Friday, global oil prices experienced a notable decline following comments from US President Donald Trump, who indicated that a peace agreement with Iran...

$700M Allocated to Boost Coal Industry via Defense Production Act

In a significant move to bolster the coal industry, US President Donald Trump has unveiled a $700 million federal initiative. This plan, utilizing the...

U.S. Aims for 25% Tariffs on Brazil Amid Existing Trade Surplus.

The Trump administration has put forward a proposal to impose a 25% tariff on imports from Brazil, citing what it describes as unfair and...

Taiwan, US Boost Defense Industry Ties, Strengthening Economic Opportunities

The defense industry ties between Taiwan and the United States are intensifying, driven by heightened security concerns that are catalyzing increased investment and deeper...

Crude Surges Past $100 on Middle East Tensions, Market Uncertainty

Following recent U.S. military strikes on Iranian positions, global oil prices have once again surpassed the $100 per barrel threshold, dashing hopes for a...

Rubio’s India Visit Highlights Business Amidst US-India Trade Tensions

The United States Secretary of State, Marco Rubio, arrived in India on Saturday, embarking on a four-day visit that aims to bolster strategic relations...