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US Administration Declines to Extend USMCA Trade Deal, Casting Uncertainty Over North American Trade Future

The administration of U.S. President Donald Trump has formally declined to extend the United States-Mexico-Canada Agreement (USMCA) in its current form, triggering a new phase of annual reviews and opening the possibility that the landmark North American trade pact could expire in 2036 if significant revisions are not agreed upon. The decision marks a dramatic […]

Trump Announces 10% Tariff Increase on Canada Following World Series Advertisement

Trump Announces 10% Tariff Increase on Canada Following World Series Advertisement

U.S. President Donald Trump announced on Saturday a 10% increase in tariffs on Canada, citing an advertisement from Ontario that aired during the World Series broadcast. The ad features former U.S. President Ronald Reagan warning that tariffs lead to “trade wars and economic disaster.” Trump called the ad misleading and suspended trade talks with Ottawa […]

US-China Tariff Truce Holds, But Trump Retains Final Say

US-China Tariff Truce Holds, But Trump Retains Final Say

A fragile tariff truce between the United States and China continues to hold, offering a temporary reprieve in the ongoing trade tensions between the world’s two largest economies. However, the future of this détente remains uncertain, as U.S. officials have made it clear that President Donald Trump, a key architect of the initial trade war, […]

U.S.–EU Trade Deal: Washington Sets the Terms, Brussels Complies

U.S.–EU Trade Deal: Washington Sets the Terms, Brussels Complies

The U.S. and EU have finalized a new trade agreement that clearly underscores who sets the rules in the transatlantic relationship—and who follows them. The U.S.–EU trade deal, announced July 27, 2025, is a big win for America and a tough pill for the EU. The U.S. slaps a 15% tariff on most EU goods […]