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…
China’s Economic Headwinds: Beyond the Trade War
While the US-China trade war continues to dominate headlines, a closer look reveals a deeper, more persistent set of economic challenges facing China. These issues, brewing long before the trade…
Canada Strikes Back: Retaliatory Tariffs Hit US Steel and Aluminum
Canada is firing back against US steel and aluminum tariffs with a series of retaliatory measures designed to protect its domestic industries. Prime Minister Mark Carney announced new counter-tariffs and…
Trump Tariffs Stay in Place: Appeals Court Upholds Presidential Authority
President Trump’s controversial tariffs on numerous US trading partners will remain in effect, a federal appeals court decided Tuesday. The U.S. Court of Appeals for the Federal Circuit sided with…
Trump and Carney in Secret Talks to Avert Trade War
Tensions are high as Canada and the U.S. grapple with ongoing trade disputes. Industry Minister Melanie Joly confirmed Thursday that Canadian Prime Minister Mark Carney and U.S. President Donald Trump…
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 Administration Confident in Tariff Plan, But Has Backup Options Ready
The Trump administration is brimming with confidence regarding its tariff plans, according to National Economic Council Director Kevin Hassett. In a recent interview on ABC’s “This Week,” Hassett expressed strong…
Trump’s EU Tariff Threat: A Deep Dive into the Transatlantic Trade Tensions
Trump’s EU Tariff Threat: A Deep Dive into the Transatlantic Trade Tensions President Donald Trump’s recent threat to slap a hefty 50 percent tariff on European Union imports, initially slated…