The US House of Representatives passed a sanctions bill on Russia by a 262-159 margin, which grants the Trump administration the authority to place tariffs of up to 100% on the five top purchasers of Russian oil and gas, which includes India. The bill – officially known as the Lindsey O Graham Sanctioning Russia and … Read more
ASHEVILLE, N.C. — Treasury Secretary Scott Bessent says he’s urging some of his G20 counterparts to take a page from the Trump administration’s playbook of using tariffs and other measures to crack down on trade imbalances. Bessent says G20 countries should also use tariffs to protect their industries from cheap imports Bessent told reporters that … Read more
Americans could pay more for toilet paper and other household paper products as the escalating US-Canada trade war puts fresh pressure on an industry that depends heavily on cross-border supplies of raw materials. US-Canada trade war could drive up the cost of toilet paper and other everyday household paper products. (Getty Images via AFP) The … Read more
The United States and Canada have repeatedly come close to a full-scale trade war since President Donald Trump returned to office. Trump has often stepped back from some of his strongest threats against Canada, but that period of relative calm has now ended. Trump’s 50% Canada tariffs could raise costs, push up prices and hurt … Read more
Trump’s new 50% tariffs on some Canadian goods have taken effect, which could make several products more expensive for Americans. The tariffs started at 12:01 a.m. Saturday after US-Canada trade talks broke down. Trump’s 50% Canada tariffs could raise US prices on whisky, hockey gear, dairy, clothing, honey, smartphones and more. (Pexel/Representative image) (Pexel) The … Read more