Canada Drops Digital Tax to Jumpstart U.S. Trade Talks
Canada scrapped its digital services tax to boost trade talks with the U.S. Prime Minister Mark Carney and President Donald Trump aim to seal a deal by July 21, 2025.
USTrade
Read More
Chinese Mainland–U.S. Economic, Trade Talks Continue in London
The first meeting of the Chinese mainland–U.S. economic and trade consultation mechanism resumed in London after lunch Tuesday, marking the start of a fresh bilateral dialogue.
U.S. Trade Deficit Shrinks 55% in April as Imports Plunge
April saw the U.S. trade deficit narrow 55.5% to $61.6B as imports plunged 16.3%, hinting at a boost to GDP amid easing tariff front-loading.
U.S. Court Halts Trump-Era Tariffs: What It Means for Trade Talks
A U.S. trade court ruled Trump-era tariffs unlawful under IEEPA, stirring uncertainty for businesses and future global trade negotiations.
EU Prepares to Retaliate as US Boosts Steel Tariffs
The European Commission regrets the US move to raise steel tariffs and is ready to introduce countermeasures if talks falter.
U.S. Trade Court Nixes Trump’s Blanket Tariffs
The U.S. Court of International Trade halted Trump’s proposed blanket tariffs, citing overreach. Here’s what it means for global trade and markets.
U.S. Small Businesses Still Feeling the Tariff Truce’s Pinch
U.S. small businesses say the 90-day tariff truce with the Chinese mainland has yet to ease higher import costs, leaving entrepreneurs bracing for ongoing uncertainty.
US Tariffs: Unpacking the Hidden Costs of Unilateral Protectionism
Unilateral US tariffs may protect domestic producers, but hidden costs—from higher import prices to supply chain strains—affect consumers and businesses.
Explainer: Why Tariff Fears Could Fuel U.S. Inflation
How worried US consumers, facing tariff threats, raised their inflation expectations from 2.6% to 6.7%, risking a self-fulfilling rise in prices.
Tariff Turmoil: Trump’s 100-Day Trade Shake-Up
In its first 100 days, the Trump administration’s aggressive tariff strategy jolted stocks, bonds and global trade, triggering market volatility and raising questions about America’s economic outlook.