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Maine Gov. Janet Mills is travelling in the Maritimes and has convened with New Brunswick Premier Susan Holt just a week after the pair met up in Boston. For Mills, cross-border co-operation is top of mind as the two sides navigate political tensions between Canada and the United States. “Canada is Maine’s closest and most…
Volvo Cars, the Swedish car manufacturer owned by the Chinese conglomerate Geely, is set to cut approximately 3,000 jobs, marking a significant move in the company’s ongoing restructuring efforts. The company, facing mounting pressures in the global automotive sector, will see job reductions primarily in its office-based roles in Sweden, which accounts for about 15%…
Listen to article WORLDWIDE: US President Donald Trump has hinted at the announcement of a major trade deal with the United Kingdom, in what could mark the first concrete step towards easing tariff tensions that have rattled global markets. “Big News Conference tomorrow morning at 10:00 A.M., The Oval Office, concerning a MAJOR TRADE DEAL WITH REPRESENTATIVES…
Donald Trump and Jerome Powell US President Donald Trump is taking credit for any signs of economic strength in the US while blaming President Joe Biden for recent weaknesses, including the first-quarter contraction in GDP. In a wide-ranging interview on NBC News’ “Meet the Press,” Trump also lobbed fresh criticism at Federal Reserve Chair Jerome…
Listen to article The risk of a global economic recession has surged due to sweeping US tariffs, according to a new Reuters poll of over 300 economists. A majority now believe the global economy could contract this year, citing weakening business sentiment and financial instability triggered by President Donald Trump’s aggressive trade policies. Trump’s administration has imposed…
US President Donald Trump’s renewed push to bring microchip manufacturing back to America faces stiff resistance from decades of Asian dominance, as industry experts warn that tariffs, labour shortages, and a lack of long-term investment could undermine the effort. Trump’s plan to revive chip production in the United States, centred around tariffs and incentives, seeks…
US President Donald Trump (Pic credit: AP) After a week of economic chaos and criticism from allies, President Trump abruptly reversed course on his sweeping new tariffs, hitting pause for 90 days. What changed? Not just pressure from businesses or Republicans—Trump was rattled by a bond market in meltdown mode. The sudden surge in Treasury…
NEW DELHI: China on Tuesday called upon India to stand together against the “US abuse of tariffs” and overcome difficulties.In a social media post on X, spokesperson of Chinese Embassy in India Yu Jing slammed the US President Donald Trump’s threat to impose 50% tariff on China and said that all countries should uphold the…
Kemi Badenoch urged Labour to “pick up where we left off” on negotiating a US trade deal. The Conservative leader said the previous Tory government had six rounds of negotiations with America in 2020 during an interview on the BBC’s Sunday With Laura Kuenssberg programme. She was pressed by host Laura Kuenssberg on her previous…
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