The threat of higher import duties on luxury goods has alarmed the fashion world. Is all this pearl clutching over nothing or is tariff anxiety justified?

Could Donald Trump’s tariff plans come to fruition? Maybe—but it’s far from a sure thing. We see a 10% probability of a 10% uniform tariff hike and a 36% probability of a China tariff ...

The government of British Columbia says if president-elect Donald Trump follows through with his promise of a 25 per cent tariff on Canadian goods once his presidency begins, it could result in ...

Donald Trump kicked off a new era of Western economic rivalry with Beijing when he took office in 2017. As he prepares for his second term, China’s dominance of global manufacturing is greater ...

LONDON, Jan 16 (Reuters) - Staff at central bank umbrella group, the Bank for International Settlements, have warned of a global bout of stagflation if trade tariffs promised by soon-to-be-U.S ...

And that’s even before any additional tariff increases. In the last six months, average lumber prices have ranged from $475 to $625 per thousand board feet, about one-third of the peak in 2021.

Eby said premiers understood the “importance of unity,” and were in consensus on the need to prepare for Trump to impose the full 25 per cent tariff. “We supported the federal government’s ...

With the advent of the Trump Administration, economists and forecasters are anticipating higher prices if the new president comes with tariff increases. In fact, Walmart already warned consumers ...

However, news that the President-elect may adopt a narrow or gradual tariff strategy has supported the euro. Last week, the Washington Post reported that Trump's aides were exploring a narrower ...

New Brunswick exporters are bracing themselves for a possible 25 per cent tariff on Canadian goods sold in the United States if president-elect Donald Trump follows through with his threat.

The most common is the ad valorem tariff, which is calculated as a percentage of a product’s value, such as 10% of the product’s price. Meanwhile, a specific tariff charges a fixed fee per ...

“If Trump puts the tariff on it, American refiners and consumers are going to scream because they’re going to see it in the pocketbook. Let them do the yelling for us. “Making the situation ...