FedEx Cuts Earnings Outlook Amidst Cratering China-US Trade

FedEx just delivered some disappointing news: a lowered revenue outlook. The global shipping giant reported another quarter of sluggish sales, primarily due to a dramatic drop in shipping volume between…

Powell Faces GOP Heat Over Interest Rate Stance: Tariffs and Inflation Take Center Stage

Federal Reserve Chairman Jerome Powell found himself in the hot seat during his second day of testimony before the Senate Banking Committee on June 25th. Republican senators grilled him on…

Tariffs and Inflation: May’s Producer Price Index Shows Unexpected Calm

The May Producer Price Index (PPI) report offers a surprising twist in the ongoing debate about tariff-driven inflation. Instead of the anticipated surge, the PPI, a key indicator of prices…

Trump Signals Flexibility on July 8 Tariff Deadline Amidst Ongoing Trade Negotiations

President Donald Trump hinted at a potential postponement of the July 8th deadline for international trade negotiations, a date initially set for the implementation of significant new tariffs. While speaking…

Tariffs Hit Consumers: How Businesses Are Passing the Cost Along

Passing the Buck: How Tariffs Are Impacting Prices President Trump’s call for Walmart to ‘eat the tariffs’ seems to have fallen on deaf ears for many US businesses. A recent…

Trump Calls Xi Jinping ‘Extremely Hard’ to Negotiate With Ahead of Potential Trade Talks

Former President Donald Trump took to Truth Social on June 4th to share his assessment of Chinese President Xi Jinping, describing him as “VERY TOUGH, AND EXTREMELY HARD TO MAKE…

EU Prepares for US Trade Talks: Seeking Tariff Cuts, But Ready to Retaliate

The European Union is heading into crucial trade talks with the United States this week, armed with a dual strategy. While prioritizing negotiations aimed at reducing tariffs, the EU is…

Canada Prioritizes Domestic Steel & Aluminum in Defence & Infrastructure: A Bold Move Amidst US Tariff Threats

Buy Canadian: Ottawa’s Commitment to Domestic Metal in National Projects Amidst rising tensions with the US and President Trump’s looming threat of increased steel and aluminum tariffs, Canada’s Industry Minister…