Algoma Steel to Cut 1,000 Jobs Amid US 50% Tariff Shock
Ontario-based Algoma Steel will lay off 1,000 workers in March 2026 as 50% US tariffs squeeze its competitiveness, despite CA$500M in government support.
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US Tariff Hikes Prompt German Firms to Shift Production Abroad
Survey shows US tariff hikes are pushing two-thirds of German manufacturers to move production abroad, with Europe and the Chinese mainland among top destinations.
US Senate Votes to End Trump’s Global Tariffs
The U.S. Senate voted 51-47 to end President Trump’s national emergency and global tariffs, reflecting bipartisan pushback and raising questions about the future of U.S. trade policy.
Bund Summit 2025: Experts Chart Path for Chinese mainland-U.S. Trade Relations
At the 2025 Bund Summit in Kuala Lumpur, Chinese mainland and U.S. delegations reached consensus on trade concerns, offering fresh insights into Chinese mainland-U.S. trade relations.
Prodi on Gaza Ceasefire, US Tariffs & Global Isolation
Former Italian PM Romano Prodi shares relief over the Gaza ceasefire, warns of a long path to peace, digs into US tariffs and cautions against rising American isolation.
Lula Calls for a ‘Latin American Doctrine’ to Boost Regional Independence
Brazilian President Lula urged students to build a ‘Latin American doctrine’ to strengthen regional independence as Brazil and the U.S. prepare talks on recent tariffs.
US Consumers Shoulder Over Half of Trump’s New Tariff Costs
Goldman Sachs analysis finds US consumers will bear over half of the costs from Trump’s new lumber and furniture tariffs, pushing inflation higher and reshaping global trade dynamics.
US Tariff Hike Backfires, Driving Up Lumber and Furniture Costs
US tariff hikes on lumber and furniture are driving up building costs and stalling home construction, sparking global criticism and consumer concerns.
Early Holiday Rush: Retailers Ship Christmas Goods Ahead of U.S. Tariffs
U.S. tariffs on holiday imports have pushed the Christmas shipping surge forward as retailers rush to beat policy shifts, upending port schedules and supply chains ahead of the season.
US Tariffs Leave Belgian Breweries with a Sour Aftertaste
US tariffs and aluminum can taxes are stoking price hikes and shrugging exports for Belgian brewers despite a booming festival and soft home demand.