Many Canadians consider US ‘unfriendly’ amid tariff war: Survey
A new survey shows that many Canadians consider their southern neighbors “unfriendly” amid tensions over President Trump’s trade policy. in yougov Surveys, 44% of respondents said the US was “unfriendly” when asked whether they viewed the country as a “Canadian alliance or enemy.” 15% of polls said the United States is an “allier”, 10% are […]
Medics killed and wounded in Israeli attack on Gaza hospital | Israel-Gaza war
Medic was killed in an Israeli missile strike at a Gaza hospital. Tuesday’s attack came two days after another major hospital was targeted, prompting a warning from the United Nations that the territorial humanitarian crisis was the worst since the conflict began. Medical staff said the latest airstrikes were hit at the entrance to Kuwaitfield […]
American consumers hit with tariff surcharges amid trade war
American consumers are noticing a new line of shopping receipts: tariff surcharges. Even if President Donald Trump suspends 90 days on tariffs, businesses and customers are feeling the impact of importing products, particularly from China. Additional charges have appeared in several industries, affecting almost everything from clothing prices to car manufacturing. Some companies charge flat […]
Ray Dalio says Trump trade war has put US ‘close to a recession’
Ray Dalio, founder of one of the world’s biggest hedge funds, said on Sunday that President Trump’s trade war brought the US closer to a recession. He was asked on NBC’s Match the Press if he thought the world’s biggest economy could immerse himself in a recession. Usually understood As a meaningful reduction in output, […]
US small businesses tethered to China sell off inventory, cut jobs amid escalating trade war: sources
US small and medium-sized businesses with deep ties to China are screaming that they are floating by selling inventory and cutting jobs as the trade war escalates between the two biggest economies in the world. The Trump administration raised tariffs on goods from China to 145% last week. Large companies caught up in Crossfire have […]
Sudan in ‘world’s largest humanitarian crisis’ after two years of civil war | Sudan
Sudan is struggling with the world’s biggest humanitarian crisis, and its civilians continue to pay for inaction by the international community, NGOs and the United Nations said the country’s civil war is entering its third year. Two years after the battle exploded between Sudanese and paramilitary swift supporters, hundreds of people were feared to have […]
China’s exports surge 12.4% as trade war with US looms
BANGKOK – China’s exports jumped 12.4% in March with a surge in activity the last year, with analysts predicting a sharp setback as businesses rushed to beat the rise in US tariffs imposed by President Trump. Imports fell 4.3% in March to $211.3 billion, the Customs reported, far exceeding $313.9 billion worth of exports, leaving […]
Ukraine war briefing: Captive soldiers warn other Chinese – ‘Don’t take part in this war’ | Ukraine
Ukraine held a press conference Chinese soldiers captured on the front line Volodymyr Zelenskyy accused Russia of using social media to employ fighter jets from China. The two told journalists they wanted to be part of the prisoner’s exchange. He warned other Chinese people: “Please don’t take part in this war.” The man was caught […]
Small businesses take it on chin in Trump’s tariff war — here’s how they’re trying to weather storm
Trump’s tariffs govern American businesses all over the board, but it’s the small businesses that really put it on their jaws. Small businesses account for $868 billion, or about a third of US imports, per year, according to the Census Bureau. These companies are smaller than those of Microsoft, Amazon, Lululemon, but rely on Chinese […]
Biden's economic adviser: Trump should 'declare victory' in trade war
Jared Bernstein, the Biden administration’s chief White House economist, advised President Trump to “declare victory” in the trade war and advised the economy to recover from a period of uncertainty. “My advice to the president is to get out there and declare victory, because that’s what he’s doing,” Bernstein said on “CNN News Central.” Bernstein […]