Global Economy

Will Temporary Tariff Relief Boost the U.S. Auto Industry?
Economy Will Temporary Tariff Relief Boost the U.S. Auto Industry?

U.S. President Donald Trump’s consideration of temporarily exempting the auto industry from previously imposed tariffs has drawn both support and skepticism. This initiative is designed to give automakers like Ford, General Motors, and Stellantis the necessary time to adjust their supply chains by r

Small Biz Owners Prepare for Shifts in Global Economic Landscape
Economy Small Biz Owners Prepare for Shifts in Global Economic Landscape

Small business owners are facing a critical moment as the global economic landscape shows signs of significant change. With the possibility of the U.S. losing its status as the epicenter of the global economy, experts are weighing in on the challenges and opportunities that lie ahead. This has

Trump Pauses Most Tariffs Amid Market Pressures, Targets China
Economy Trump Pauses Most Tariffs Amid Market Pressures, Targets China

President Donald Trump's recent decision to adjust his tariff policies amid a deeply volatile global economic environment has sparked significant discourse and market reactions. On Wednesday, April 2, Trump announced a temporary pause on most national tariffs while hiking tariffs on Chinese

Trump’s 2025 Tariffs Risk Global Recession and Higher Inflation
Economy Trump’s 2025 Tariffs Risk Global Recession and Higher Inflation

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

Are Trump's Tariffs the Start of a Global Trade War?
Economy Are Trump's Tariffs the Start of a Global Trade War?

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

Can Mark Carney Save Canada's Economy from Trump's Tariffs?
Economy Can Mark Carney Save Canada's Economy from Trump's Tariffs?

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

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