US-Canada trade: Next moves after a blown deadline
The recent failure to meet a key trade deadline between the United States and Canada has left both governments and industry stakeholders uncertain about the next phase in their economic…
Tesla hands $29bn in shares to boss Elon Musk
Tesla CEO Elon Musk has received a significant stock award worth an estimated $29 billion, representing one of the largest executive compensation deals in corporate history. This award, linked to…
Shock and relief – international businesses confront new Trump tariffs
The recent announcement of new tariffs by Donald Trump has caused a ripple of reactions across global markets. Businesses from various sectors are now re-evaluating their strategies as they prepare…
Switzerland’s outrage grows over record-high European tariffs
The announcement of new trade tariffs has sparked widespread confusion and growing frustration in Switzerland, which now faces some of the steepest import duties among European nations. Businesses, economists, and…
Trump hits Brazil with 50% tariffs, penalizes Bolsonaro case judge
The United States, under the direction of former President Donald Trump, implemented a 50% tariff on select Brazilian imports, while also placing sanctions on a Brazilian judge involved in a…
EU-US tariff deal faces delays due to European objections to Trump’s terms
Efforts to finalize a trade agreement between the European Union and the United States are still in progress, with European representatives voicing growing frustration over the terms proposed by the…
Trump warns ‘good friend’ India about possible 25% tariffs
Former U.S. President Donald Trump has indicated that India, a country he has previously described as a “good friend,” may be subject to steep tariffs—potentially reaching 25%—if trade imbalances are…
Adidas announces price hike after €200m US tariff impact
Adidas is planning to alter its pricing approach due to rising financial challenges stemming from heightened U.S. import tariffs, which are expected to elevate the company's costs by about €200…