His trade secretary says a recession would be “worth it” to restructure the US economy,while Trump plays it down but admits there could be bumps.
In a pointed barb,Trudeau said the US was starting a trade war with its closest allies at the same time as it was “appeasing Vladimir Putin,a lying,murderous dictator”.
Donald Trump’s plan for the next chapter of his war on the world sounds simple but would be almost impossible to implement.
The US president is famously a fan of tariffs. Here’s how they work – and what his latest ones could mean for the world.
The European Union’s so-called Trump task force spent 2024 preparing for a possible trade dispute. Specifics are secret,but guiding principles are becoming clear.
Around the world,Beijing is working to peel away support for a US-led international system and recast itself as a more reliable partner in trade,development and security.
The horror start to the year for Musk’s carmaker has continued,with its latest results shocking Wall Street and wiping billions off the company’s value. His antics might be playing a big role.
China has dropped its tariffs on Australian wine after years of sanctions that crippled the billion-dollar export industry.
The clock is ticking for the body that sets the rules for global trade. Even if Trump doesn’t get back in the White House,the outlook is grim.
The 21 APEC members,which include Russia and Muslim-majority Indonesia and Malaysia,went into the meetings divided over the wars and that is how they left.