In April 2025, President Trump implemented significant tariff increases on U.S. imports, marking the most dramatic shift in U.S. trade policy in over a century. Economic experts foresee these tariffs leading to higher inflation and slower growth, raising fears of a global recession. The scope of
Imagine a world where your everyday products like smartphones, clothes, and appliances suddenly become exorbitantly expensive because of government policies. That's the dilemma presenting itself to consumers and businesses alike with President Donald Trump's sweeping tariffs, announced on April 2,
President Trump's sudden imposition of tariffs has caused significant turmoil in global trade, leading to various challenges for the Canadian economy. In response, Liberal Leader Mark Carney has unveiled an extensive plan aiming to steer Canada through these turbulent times. Drawing on his
The United Kingdom currently faces a myriad of economic challenges that demand innovative and unconventional policy measures to mitigate and ultimately overcome. As emphasized in Chancellor Rachel Reeves' Spring Statement, the country's reliance on traditional Treasury orthodoxy has proved
In January, following his inauguration, US President Donald Trump quickly announced a 25 percent tariff on Canada and Mexico, aiming to address perceived unfair practices by America's trading partners. This action continued his administration's contentious stance on trade that began during his
The Trump administration's recent announcement of implementing tariffs on all imported goods heralds a significant shift in U.S. trade policy. This unprecedented move is poised to have far-reaching effects on global trade dynamics and U.S. trade partnerships while stirring significant reactions in
