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Asian shares sank on Friday in early trading after US stocks surrendered a chunk of their historic gains from the day before. The deepening worries over president Donald Trump’s trade war helped pull Japan’s Nikkei 225 share index down 5.6%. By mid-morning in Tokyo, it was down 4.7% at 32,969.95. Meanwhile, the yen surged against…
As US President Donald Trump’s trade war rolls on, the financial world is buzzing with complex-sounding terms that may confuse everyday readers. From bears and bulls to dead cats and dips, here’s a simple guide to what they mean—and why they matter right now.Bear and bull marketWhen share indexes like the S&P 500 or Dow…
In a major development, US President Donald Trump announced on April 9 a 90-day ‘pause’ on reciprocal tariffs for all but China. “Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately….
China has just one day to back down from their threatened response to tariffs or face a dramatic escalation of fees on exports to the U.S. that could reach over 100%, President Donald Trump said Monday. Even as the stock markets danced up and down to start the first full week since Trump’s “Liberation Day”…
President Donald Trump’s reciprocal tariffs and retaliatory moves the EU and China have plunged the world into an internecine trade war, sending tremors through markets as well as worrying businesses, consumers and governments. Trump dubbed April 2, the day he announced the reciprocal tariffs as “Liberation Day”, promising short-term pain but long-term gain for the…
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The full list of countries whose products face “reciprocal” tariffs is below. These are the nations, many of them staunch U.S. allies, that President Donald Trump has claimed take advantage of the U.S. through unfair trade practices. These tariffs — which are paid by U.S. importers, not by the exporting jurisdiction — are set to…
Listen to article Apple shares fell sharply in after-hours trading on Wednesday after the United States announced sweeping new tariffs, including a 34% levy on Chinese imports that is expected to significantly disrupt the tech giant’s supply chain. The move, part of President Donald Trump’s broader overhaul of trade policy, will bring the total tariff on Chinese goods…
Maya Cholette-Tetrault is still wondering about the fate of a planned school trip to New York City being organized by École secondaire Robert-Gravel in Montreal’s Mile End district. The mother and some other parents argue the trip should be cancelled because the political climate in the United States makes it unsafe, and points to what…
Wall Street analysts and economists have converged on a more turbulent near-term trajectory for the US economy. The outlook is bumpier than anticipated, with lower growth rates, greater inflationary pressures, and more complicated international economic and financial interactions. However, opinions still diverge sharply on the longer-term prospects, with some believing the US is sharpening its…
