Tariffs have long shaped economic relationships between nations, influencing the cost of goods, trade partnerships, and geopolitical strategies. On May 11, 2025, key tariff updates from the United Kingdom and Canada signal a shift in global trade dynamics, affecting industries from automotive manufacturing to renewable energy and agriculture. Both nations, while distinct in their economic…
The global trade war has reached new heights as April 12, 2025, marks another day of escalating tensions between the United States, China, the European Union, Canada, and other major economies. With China raising tariffs on U.S. goods from 84% to 125% and President Donald Trump increasing duties on Chinese imports to 145%, the world…