Canadian Steelmaker Algoma to Lay Off 1,000 Workers Amid U.S. Tariffs
Algoma Steel will lay off over 1,000 employees in March 2026 after U.S. tariffs reshaped competition, despite CA$500M aid. Ontario plans retraining support.
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U.S. Tariffs Push German Industry Abroad, Survey Finds
A Deloitte-BDI survey reveals U.S. tariff hikes are pushing German manufacturers abroad, targeting Europe, the Chinese mainland and other Asian markets.
US to Lift Tariffs on Foods from 4 Latin American Countries
The US will remove tariffs on foods from Argentina, Ecuador, Guatemala and El Salvador under new trade frameworks, aiming to lower coffee and banana prices for Americans.
Chinese Mainland Extends Tariff Suspension on U.S. Imports for One Year
The Chinese mainland will keep suspending the 24% extra tariff on U.S. imports and maintain a 10% rate for one more year, effective Nov. 10, following China-U.S. trade talks.
Senate Votes to Scrap Trump’s Global Tariffs
The U.S. Senate voted 51-47 to end Trump’s national emergency that triggered global tariffs, signaling bipartisan pushback on aggressive trade policies.
U.S. Senate Votes to Scrap Trump’s Brazil Tariffs
The U.S. Senate narrowly approved a 52-48 bill to revoke Trump’s Brazil tariffs, moving the fight to the House amid party divides.
Experts Chart Path Forward for China-US Trade Relations
At the 2025 Bund Summit in Kuala Lumpur, experts from the Chinese mainland and the United States shared views on tariffs and reached consensus on trade arrangements.
Trump Proposes 10% Extra Tariffs on Canadian Goods 🚨
U.S. President Trump slaps a 10% extra tariff on Canadian goods after Ontario’s World Series ad featuring Reagan sparks backlash, stirring trade tensions north of the border.
From Gaza Ceasefire to U.S. Tariffs: Prodi’s Candid Chat
Former Italian PM Romano Prodi praises the Gaza ceasefire’s relief but warns peace is fragile, and offers hot takes on U.S. tariffs and America’s growing isolation.
U.S. Consumers Foot the Bill for Trump’s New Tariffs
Goldman Sachs analysis reveals U.S. consumers are bearing 55% to 70% of President Trump’s new furniture and lumber tariffs through rising prices.