trade

Key Takeaways: The implementation of a 50% tariff on imported steel by the Trump administration has the potential to raise canned food prices by 9% to 15%, as per the Consumer Brands Association. The trade organization has warned that as…

Key Takeaways: According to a survey by the University of Michigan, consumer sentiment has dropped by 11% this month, with inflation expectations reaching their highest level since 1981. The main cause of concern is the escalating global trade war, which…

Alcohol finds itself in the midst of a growing global trade war, with U.S.-based companies facing significant risks, according to industry experts. President Trump recently threatened to impose 200% tariffs on imports such as wine and Champagne from Europe unless…

The United States has decided to lift its month-long pause on tariffs for Canada and Mexico, signaling an end to any further delays in imposing the duties. Effective immediately, imports from both countries will now face a 25% tariff, in…

Canada has responded to U.S. tariffs by imposing its own set of duties on imports from the country. Prime Minister Justin Trudeau announced on Saturday evening that Canada would be implementing a 25% tax on $155 billion worth of U.S.…