Economy
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Trump warns of heavy tariffs on Russian oil if Moscow blocks Ukraine peace efforts
US President Donald Trump said on Sunday he will impose secondary tariffs of 25% to 50% on all Russian oil…
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India and US move closer to trade deal after talks in New Delhi
Indian and US officials discussed trade issues including the reduction of tariffs and easing of non-tariff barriers, making progress towards…
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Trump imposes 25% tariffs on all foreign-made vehicles and auto parts
US President Donald Trump on Wednesday announced sweeping new tariffs on all foreign-made cars and light trucks, along with select…
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Amazon layoffs 14,000 managerial jobs in major cost-saving restructuring
Amazon is set to eliminate 14,000 managerial positions by early 2025 as part of a major cost-cutting initiative, reducing its…
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Canada, EU announce retaliatory tariffs on US goods worth billions
President Donald Trump’s increased tariffs on all US steel and aluminum imports took effect on Wednesday, ratcheting up a global…
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Trump doubles tariffs on Canadian steel and aluminum to 50%
US President Donald Trump on Tuesday ramped up a burgeoning trade war with Canada, saying he will double tariffs set…
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Canada Ontario to slap 25% tariff on electricity exports to US
Canada’s most populous province Ontario is slapping a retaliatory 25% surcharge on electricity it sends to US states in response…
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Trump declines to rule out 2025 US recession
President Donald Trump declined Sunday to rule out the possibility that the United States might enter a recession this year.…
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US stock futures fall as inflation data, Trump trade policies rattle markets
US stock futures declined as investors digested the latest February jobs report and braced for a packed week of economic…
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Trump plans Saudi Arabia visit for $1 trillion deal
US President Donald Trump confirmed on Thursday that he plans to visit Saudi Arabia in the next month and a…
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