Amid Trump’s tariff threats, GM to expand production capacity in Canada
The American automaker has assured its Canadian workers about adding the production of the next-generation GMC Sierra truck to a plant in Oshawa...
Tag : Donald Trump
No US trade deal without Canadian auto sector, Ottawa says amid trade war
The trade deal that fell apart would have cut the top-line tariff rate on Canadian cars and light-duty trucks from 25% to 15%...
Trump administration weighs broader chip tariffs as AI boom tests supply chains
As per the reports, the plan under consideration would link tariff relief for foreign companies to investment in US chip production...
Fed’s next policy meeting in focus as US inflation remains elevated
In July, the Personal Consumption Expenditures Price Index increased 3.7% in the 12 months through the month, unchanged from June...
Canada-US trade war: Honda reconsiders North American expansion
The trade arrangement, which covers over 500 million consumers, is currently uncertain, with US and Canada imposing tariffs on each other's imports....
US-Canada trade war: Trump’s tariff threat now targets automobile imports
While American auto production is heavily reliant on Canadian-made parts and vehicles, higher tariffs could raise car costs in the world's largest economy...
Bitcoin touches more than three-month high as soft dollar revives crypto sector
Another tailwind has been President Donald Trump's appeal to the US Congress to the "Clarity Act," that would bring clearer definitions to the sector...
US borrowing costs rise as attempts to ease rates prove short-lived
Treasury yields rebound despite increased bond buybacks as investors focus on inflation, record debt and uncertainty over the Federal Reserve’s rate path...
USMCA hangs in balance as US-Mexico talks take centre stage after Canada breakdown
The breakdown in negotiations between the Washington and Ottawa has cast a shadow on the future of the trilateral agreement, that is up for review in 2026...
Trump urges passage of ‘fair’ Clarity Act as industry frets over legislative uncertainty
The proposed bill aims to define which tokens qualify as securities versus commodities and which agencies have oversight of the sector...