Tag: trade war
World Bank lowers global growth forecast, citing trade war ‘turbulence’ – National
U.S. President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday. Citing “a substantial rise in trade barriers’’ but without mentioning Trump by name, the 189-country lender predicted that the U.S. economy – the world’s largest – would grow…
U.S. and China to talk trade after Trump, Xi call – National
By Staff The Associated Press Posted June 9, 2025 9:52 am 2 min read Descrease article font size Increase article font size High-level delegations from the United States and China are meeting in London on Monday to try and shore up a fragile truce in a trade dispute that has roiled the global economy. A…
As Trump tariff deadline looms, countries asked to give best trade offers – National
The Trump administration wants countries to provide their best offer on trade negotiations by Wednesday as officials seek to accelerate talks with multiple partners ahead of a self-imposed deadline in just five weeks, according to a draft letter to negotiating partners seen by Reuters. The draft, from the office of the United States Trade Representative, provides a window into how President Donald…
Amid the trade war, OECD has lowered its global economic growth projections – National
The current trade war sparked by U.S. President Donald Trump’s tariff policies is expected by many experts to have wide-ranging impacts across the world, including on economic growth and labour markets, and a new report has been released that further highlights this warning. The Organization for Economic Co-operation and Development’s latest outlook report outlines its dim…
Did British Royals just take a side in the US vs Canada trade war? King Charles III’s speech has the answer
King Charles III warned that Canada now sits at a “critical moment” because of Donald Trump’s ongoing trade war and his frequent threats to invade the country. The monarch’s speech came amid ongoing tensions with the United States, as Trump has repeatedly suggested annexing Canada. During his visit to Canada, King Charles III emphasizes the…