Washington: Elon Musk’s Tesla has seen major drops around the globe and a significant $120 billion drop in net worth since his foray into politics. But much more awaits him and the EV sector. President Donald Trump’s tariffs are set to make an impact in the…
Jack Daniel’s CEO Says Canada Pulling US Alcohol ‘Worse Than Tariff’
A trade dispute between Canada and the US has escalated, with several Canadian provinces pulling American-made alcohol from store shelves. The move is a direct response to the Trump administration’s imposition of 25% tariffs on Canadian goods. Lawson Whiting, CEO of Brown-Forman, the company behind Jack…
What Are Reciprocal Tariffs And Who Might Be Affected?
Washington, United States: US President Donald Trump has threatened to open new fronts in his tariffs war by announcing reciprocal levies on other countries as soon as Tuesday, branding this “the only fair way” to trade. Trump’s fresh salvo could bring a broad tariff hike to…
How Donald Trump Is Using “Tariffs” As A Weapon
Washington, United States: When President Donald Trump learned Colombia had pushed back on US deportations, his threat of a massive trade war laid out the stakes: cooperate, or else. Tariffs, just as they were during his first term from 2017 to 2021, are Trump’s weapon of…