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As May 1, 2025, begins, the global trade landscape remains in flux, shaped by U.S. tariff policies, international retaliatory measures, and shifting economic strategies. President Donald Trump’s administration continues to enforce high tariffs on Chinese imports, while Canada, the European Union, and Mexico adjust their trade policies in response. Meanwhile, China has escalated its retaliatory…
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Introduction As April 30, 2025, unfolds, the global trade landscape continues to evolve, with U.S. President Donald Trump marking his first 100 days in office by addressing tariff policies, trade negotiations, and economic shifts. While China’s manufacturing sector struggles under the weight of U.S. tariffs, Trump has softened some duties on automobiles and auto parts,…
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Introduction The Canadian federal election of April 29, 2025, has had a significant impact on the country’s approach to tariffs, particularly in response to U.S. President Donald Trump’s trade policies. The election resulted in a Liberal victory, with Mark Carney becoming the new Prime Minister of Canada. This election was widely seen as a referendum…
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As April 28, 2025, unfolds, the European Union (EU) and China are navigating a turbulent trade landscape, shaped by U.S. tariffs, retaliatory measures, and shifting economic strategies. While China has raised duties on U.S. imports to 125%, the EU is preparing countermeasures against U.S. steel and aluminum tariffs. Meanwhile, China has quietly rolled back tariffs…
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Since President Donald Trump’s sweeping tariff policies were introduced earlier this month, the global trade landscape has been marked by retaliatory measures, economic shifts, and diplomatic tensions. Countries across the world have responded to Trump’s tariffs, which range from 10% baseline duties on imports to 145% tariffs on Chinese goods, with their own strategies to…