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United States Tariff Adjustments On May 19, 2025, the U.S. government reaffirmed several tariff policies and introduced new measures affecting imports from various countries. Retail Price Impact Trade War Effects Ontario’s Budget Response Canada’s Tariff Adjustments Canada reaffirmed its preferential tariff treatments for countries with free trade agreements, including the USMCA and CPTPP. Grocery Price…
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United States Tariff Adjustments On May 18, 2025, the U.S. government reaffirmed several tariff policies and introduced new measures affecting imports from various countries. IEEPA Tariffs Section 232 Duties on Steel and Aluminum Universal Tariffs Auto Tariffs De Minimis Elimination China’s Tariff Adjustments China responded to U.S. trade policies with its own tariff measures. Retaliatory…
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The Age of Trade and Protectionism Tariffs—taxes imposed on imported goods—have played a critical role in shaping economies, protecting industries, and influencing international relations. Though often seen merely as tools of economic policy, their history is deeply interwoven with nationalism, industrialization, war, and diplomacy. For centuries, major world powers have struggled to balance protectionism and…
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The EU’s Expanding Global Trade Influence The European Union (EU) remains one of the most powerful economic blocs in the world, shaping international trade policies, negotiating tariffs, and securing strategic alliances across multiple continents. Over the last 30 days, the EU has been particularly active, signing multiple high-profile trade agreements with key global partners such…
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The Evolving Trade Landscape Between the U.S. and the Middle East The United States and Middle Eastern nations have long maintained strategic trade partnerships, driven by energy exports, defense agreements, technology investments, and infrastructure development. On May 15, 2025, several major trade deals were signed, reinforcing economic ties between the U.S. and key Gulf states,…