Investors have noticed that Trump’s tariff pause ‘is not enough to get people back in this market’ says senior floor trader
Category: Economy
Posted inEconomy
Universal basic income does not stop people working: study
The study, the biggest into universal basic income in Germany, researched 107 people who were paid US$1,320 a month for three years
Posted inPolitics & Policy
Canada says tariffs on U.S. auto imports come into force Wednesday
‘The government … will protect Canada’s workers, businesses, economy and industry,’ said the Finance Minister
Posted inEconomy
‘Spectacle’, ‘seismic shock’: Economists on Trump’s tariffs
Trump’s tariffs blitz has sparked a trade war that could lead to a global recession, say a wide range of economists
Posted inEconomy
EU proposes 25% tariffs on U.S. goods, but not bourbon
The proposed tariffs aim to show EU strength while Brussels seeks to negotiate over Washington’s broader tariffs onslaught
Posted inPolitics & Policy
Carney says ‘very hard’ for Canada to avoid recession if U.S. has one
‘I’m not going to sugarcoat it, there may be some tough days ahead for Canadians, but … we are prepared,’ said Carney
Posted inPolitics & Policy
Musk says wants Europe-N.America free-trade zone
‘I hope it is agreed that both Europe and the United States should move ideally … to a zero-tariff situation,’ said Musk in a video on X
Posted inPolitics & Policy
Trump vows huge new China tariffs as markets nosedive
Trump threatened another 50 per cent tariff on China after the country retaliated, to total 104 per cent additional tariffs on Chinese goods
Posted inPolitics & Policy
Canada launches WTO complaint over U.S. auto tariffs
In the request, Ottawa charged that the tariffs were ‘inconsistent with United States’ obligations’ under international trade laws
Posted inEconomy
Market panic deepens as world scrambles to temper Trump tariffs
Asian markets took a huge plunge Monday as U.S. futures pointed to significant losses on Wall Street over Trump’s punishing tariffs