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Swiss enhance Trump trade agreement with gold refining initiative: sources

Swiss enhance Trump trade agreement with gold refining initiative: sources

Switzerland’s Gold Industry Plans US Expansion Switzerland is looking to bolster its gold industry by possibly establishing refineries in the United States or enhancing its processing capabilities. This move comes in tandem with efforts to address the trade tariffs imposed by the US, as per two sources familiar with the discussions. President Trump recently enacted […]

Trump Administration Secures Mexico’s Compliance With Agreement Overlooked By Biden

Trump Administration Secures Mexico's Compliance With Agreement Overlooked By Biden

The Trump administration is effectively prompting the Mexican government to reinstate air transport contracts that had been repeatedly violated during the Biden presidency, according to a memo. Mexican officials have been urged to “take immediate action” to align with the US-Mexico Air Transport Agreement, a move that follows a series of retaliatory actions from Trump’s […]

Trump administration eases corporate taxes after exiting global agreement

Trump administration eases corporate taxes after exiting global agreement

Earlier this summer, the Trump administration effectively distanced the U.S. from global minimum business tax agreements by entering into contracts with a group of seven major economies. This move allows the U.S. to maintain its corporate minimum taxes without directly conforming to international guidelines. This decision led to the establishment of a “side-by-side” system for […]

Canadian Dollar drops to nearly 1.3850 due to uncertainty over trade agreement

Canadian Dollar drops to nearly 1.3850 due to uncertainty over trade agreement

The USD/CAD exchange rate is expected to reach around 1.3855 in early Asian trading on Wednesday. Weak economic indicators from Canada, along with ongoing tariff uncertainties, are putting pressure on the Canadian dollar. Recent data shows that U.S. employment growth was significantly lower in the year leading up to March than previously estimated. On Wednesday […]

Trump states that the US and India are still discussing a trade agreement.

Trump states that the US and India are still discussing a trade agreement.

Just under two weeks after the U.S. president imposed tariffs on India for purchasing Russian oil, negotiations between the U.S. and India regarding the trade deal are set to continue. On Tuesday, Trump took to Truth Social to express his regard for Indian Prime Minister Narendra Modi, referring to him as “a very good friend” […]

White House indicates agreement with DC regarding spending limits

White House indicates agreement with DC regarding spending limits

On Tuesday, White House officials submitted an 18-page list of requests to Congress as part of a funding agreement that needs approval by September 30 to prevent government shutdowns. Interestingly, the administration proposed lifting the spending cap placed on the District of Columbia as part of a funding halt agreed upon in March. A resolution […]