Carney’s Bold Pivot: Canada to Double Non-US Exports Amid Trump Tariff Storm – ‘We Can’t Rely on America Anymore’ Canadian Prime Minister Mark Carney dropped a trade bombshell in Toronto Wednesday, vowing to double the nation’s non-US exports over the next decade as U.S. tariffs under President Trump choke the lifeblood of bilateral commerce. In … Read more
The ASEAN-GCC-China Summit, held on May 27, 2025, in Kuala Lumpur, Malaysia, brought together leaders from the 10-member Association of Southeast Asian Nations (ASEAN), the six-nation Gulf Cooperation Council (GCC), and Chinese Premier Li Qiang to bolster economic resilience amid global volatility and U.S. tariff threats. Malaysian Prime Minister Anwar Ibrahim emphasized the importance of … Read more
Macy’s Profit and Sales Decline in Q1, Cuts 2025 Profit Forecast but Beats Expectations New York – May 28, 2025 Macy’s, Inc. reported a decline in sales and profit for the first quarter of 2025, citing cautious consumer spending and looming U.S. trade war tariffs as key pressures, prompting the department store chain to lower … Read more
On May 28, 2025, the U.S. Court of International Trade delivered a significant blow to President Donald Trump’s trade agenda, ruling that he overstepped his authority by imposing sweeping tariffs on imports from dozens of countries under the International Emergency Economic Powers Act (IEEPA). The decision, issued by a three-judge panel appointed by Presidents Reagan, … Read more