Mark Carney - Donald Trump

Carney Declines to Escalate Rhetoric After Trump Floats 100% Tariffs on Canadian Imports

Canada's Prime Minister Mark Carney on Monday (Jan 26) sought to play down US President Donald Trump’s latest tariff threat against Canada, urging observers to view the remarks in the broader context of an impending review of the North American...
Gold and Silver

Gold and Silver Extend Record Highs as Trump’s Greenland Tariff Threats Ignite US–Europe Trade War Fears

Gold and silver surged to fresh record highs on Monday as President Donald Trump’s escalating push to take over Greenland stoked fears of a deepening trade war between the United States and Europe, driving investors toward traditional safe-haven assets. Spot...
Nuuk, Greenland

Trump’s Greenland-Linked Tariff Threats Spark Transatlantic Trade Crisis as Europe Weighs ‘Trade Bazooka’ Retaliation

President Donald Trump’s latest tariff threats linked to Greenland and Europe’s potential countermeasures are raising alarms on both sides of the Atlantic, with economists warning that the escalating dispute could drive up import prices, dampen investment, and weaken already fragile...
EU–US Trade Deal Faces Parliamentary Roadblock After Trump Escalates Greenland Dispute With Tariff Threats

EU–US Trade Deal Faces Parliamentary Roadblock After Trump Escalates Greenland Dispute With Tariff Threats

European Union lawmakers are moving toward halting the approval of a long-negotiated EU–US trade agreement after President Donald Trump threatened to impose new tariffs on European countries that have expressed support for Greenland amid renewed American claims over the territory....
Semiconductor chips

U.S. Unveils 25% Tariff on High-End Semiconductors as ‘Phase One’ Move, Signals Further Actions to Protect National Security

The U.S. Commerce Department’s decision to impose a 25% national security tariff on selected high-end semiconductor imports marks an initial step in a broader strategy to shield and expand the domestic chip industry, a senior administration official said on Thursday....
US Dollars

US December Budget Deficit Jumps to Record $US145 Billion as Military Spending Surges and Tariff Revenues Show Signs of Levelling Off

The US government posted a $US145 billion ($A217 billion) budget deficit in December, marking a sharp deterioration in the monthly fiscal position and highlighting the impact of higher spending, calendar shifts in benefit payments and signs that tariff-related revenue growth...
US Treasury Secretary Scott Bessent

Washington warns China over rare earth exports as Trump administration mulls tariff hike

The United States signaled a tougher stance toward China on Sunday (Nov 2), warning that tariffs could be raised again if Beijing fails to honor its commitments on rare earth exports. Treasury Secretary Scott Bessent said the Trump administration is...
Donald Trump - XI Jinping

China Emerges as Biggest Winner in U.S. Tariff Meltdown

As American markets convulse under the pressure of sweeping tariffs announced by the Trump administration, the clearest geopolitical beneficiary is neither Europe nor America's traditional allies—it is China. While the United States reels from financial instability and strained diplomatic ties,...
Oils

Oil Prices Drop Amid Economic Fears and Tariff Uncertainty

Oil prices continued their downward slide for a second consecutive day as fears over economic growth, trade policies, and geopolitical tensions rattled global markets. Brent crude dropped to nearly $69 a barrel, following a 1.5% decline on Monday, while West...
Donald Trump

Trump Signals Possible China Talks Amid Looming Tariff Deadline

With mere hours left before a 10% tariff on Chinese imports was set to take effect, President Donald Trump revealed on Monday that his administration is planning to engage in discussions with Beijing, raising the possibility of a last-minute reprieve....
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