Trump Announces Major Tariff Expansion President Donald Trump declared on Monday, July 7, 2025, that the United States would impose significant new trade barriers, including a 25% tariff on a wide range of goods imported from key Asian partners, Japan and South Korea. The move marks a substantial escalation in the administration’s trade policy and…
Washington, D.C. – United States President Donald Trump announced on Friday, June 27, 2025, that the United States is terminating all trade discussions with Canada, “effective immediately,” citing Canada’s controversial digital services tax as the reason for the drastic measure. The move escalates a long-simmering dispute between the North American allies and casts a significant…
G20 Summit Ends in Riyadh Amidst Key Impasses Riyadh, Saudi Arabia – The G20 Summit concluded in Riyadh, Saudi Arabia, today, June 10, 2025, with leaders from the world’s largest economies facing significant challenges in forging consensus on critical global issues. The gathering ended without agreement on ambitious climate targets and revealed deep rifts over…
Trade agreements are essential frameworks that govern the flow of goods and services between countries, fostering economic cooperation and promoting growth. By reducing tariffs, removing barriers, and establishing clear trade rules, these agreements facilitate smoother and more efficient global commerce. From large multinational trade deals like the European Union (EU) to bilateral agreements between two…
