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Canada will level $20B in tariffs in response to Trump moves on steel, aluminum

Canada is expected to impose $20.7 billion in retaliatory tariffs after President Trump decided to enforce 25% tariffs on steel and aluminum, which came into effect Wednesday. Associated Press A senior Canadian government official said he spoke about the anonymity status and confirmed the move on Wednesday as he was not permitted to speak before […]

Late car payments rise to highest level in over 30 years

Jeff Flock of Fox Business has revealed that insurance prices are rising sharply year-on-year, so he reports on the latest news that emerged from the automotive industry. Missing American car owners with car loan payments rose to their highest level in 30 years earlier this year. According to Fitch Ratings, the percentage of borrowers with […]

Trump Bringing Civility in Politics Down, Democrats Matching His Level

Sen. Andy Kim (D-NJ) said Sunday on CNN's “coalition status” that President Donald Trump is responsible for overcoming political courtesy. Anchor Jake Tapper said, “Let's talk about the president's speech to Congress on Tuesday night, and more specifically, the reaction of some Democrats. House Democrats protested the joint address, they wore matching colours and held […]

Late car payments hit highest level in decades

Americans have missed car payments at the highest rate for over 30 years, data shows. According to Fitch review6.56% of subprime car borrowers have been in the past at least 60 days on their January loans, the most since government agencies began collecting data in 1994. The findings highlight the financial burden that many Americans […]

Trump wants to ‘level the playing field’ with tariffs: Goldman Sachs CEO

Goldman Sachs CEO David Solomon called Trump's tariffs in Canada and Mexico an effort to “level the playing field,” but said trade policy has sparked careful attention among fellow business leaders. The harsh 25% tariffs on North American neighbours and the 20% collection in China came into effect Tuesday after Trump agreed to a one-month […]