by | Feb 10, 2025 | Domestic, Economics, Politics
President Donald Trump has directed the Treasury Department to halt the production of new pennies, calling the continued minting of the one-cent coin “wasteful.” On Sunday night, Trump posted on his Truth Social platform that the cost of producing each...
by | Feb 3, 2025 | Domestic, Economics, Investing News, Market News, Stock Market
US markets took a significant hit on Monday following the announcement of new tariffs by the Trump administration, expected to take effect on Tuesday. The tech-heavy Nasdaq Composite (^IXIC) plummeted over 2%, marking a sharp downturn, while the broader S&P 500...
by Sun Yulin | Nov 26, 2024 | Domestic, Economics, International Buzz, Politics
On the first day of his presidency, President-elect Donald Trump proposed sweeping tariffs that would drastically change U.S. trade relations with its top partners. In a series of Truth Social posts, Trump outlined plans to impose a 25% tariff on goods from Canada and...
by Lucas Shum | Aug 26, 2024 | Automotive, Automotive, Cleantech, Politics, Products, Retail
In a decisive move aimed at reshaping global trade dynamics, Canada has announced a 100% tariff on imported Chinese electric vehicles (EVs). This bold step, which mirrors recent actions by the United States and the European Commission, marks a significant escalation...
