Thanks to Donald Trump, the latest US auto tariffs are going to deal a punishing blow towards Canada’s car industry. The country currently produces around 2 million vehicles on an annual basis and now the tariff is set to rise by as much as 25%, it is thought that these figures will soon be more… Keep Reading
Since January of 2018, primarily in the spring and summer, much was said and speculated about a potential trade war on the horizon with the onslaught of the Trump Tariffs imposed on many countries that previously had longstanding trading relationships with the US. Countries like China, Canada, Mexico, and those in the European Union have… Keep Reading
The oil industry has been the cornerstone of the economy of the United States as well as its foreign policy, and now, the currency is threatening to weaken it. In the last few weeks, the US Energy Information Administration has filed some reports stating that the prices of benchmark crude oil fell to $70 per… Keep Reading
It would seem that the Trump administration bite off more than it can chew and that simultaneous trade war with two of the country’s biggest trade partners is a bit too much. Who knew the international trade is so complicated? The tariffs on steel and aluminum brought by the White House were to go into… Keep Reading