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The Bank of Canada held its key policy rate at 2.75% for the third time in a row on Wednesday, as expected, and said the risk of a severe and escalating global trade war had diminished.
President Trump's trade policies, including tariffs on Indian goods, are pushing India towards closer ties with China and ...
Sanctions were imposed on Russia’s VTB Bank in February 2022, and it was kicked off the interbank payment system called SWIFT ...
At times, Mr Trump seems to treat tariffs as a ‘miraclecure’ that can solve every ailment. Take his announcement, in May 2025, that he was planning to put 100 per cent tariffs on foreign-made films to ...
Tariffs are also a source of revenue for the US government. The US collected nearly US$30 billion in tariff revenue in July ...
For context, the simple average tariff rate that India imposed on agricultural imports was 39 percent at the end of 2024. By ...
Amid regional upheavals, Gulf states are asserting their influence and betting on a vast economic transformation.
Sweden and the Netherlands jointly called on the EU to suspend trade with Israel over the 'intolerable' humanitarian situation in Gaza.
Trump has been remarkably consistent over the years about his core economic gripe: the trade deficit. In 1987, he spent ...
The U.S. dollar recovered on Wednesday even as investors worried about attacks on Federal Reserve independence, while ...
In the end, President Donald Trump got exactly what he wanted. The 120 days since Trump’s Rose Garden “Liberation Day” announcement rocked financial markets weren’t exactl ...
The Trump administration has made transshipment central to trade deals with Southeast Asia as it tries to stop Chinese companies concealing the origin of their exports.