U.S.

Canada Imposes New $21 Billion Tariffs on U.S. Imports

1 month ago

Canada has taken another step in escalating the trade war with the United States by announcing new tariffs worth $21 billion on U.S. imports. This decision is a response to recent actions by the U.S. government, which imposed tariffs on aluminum and steel, as well as new measures to protect domestic manufacturing. This move heightens market instability and raises concerns among experts about the potential consequences for both economies, which are closely intertwined.

Trump Claims New Tariffs Will Bring Furniture Manufacturing Back to the U.S., Experts Skeptical

1 month ago

In the wake of economic changes and trade policy, former U.S. President Donald Trump has expressed his position that the introduction of new tariffs on imported furniture could encourage production capabilities to return to the United States. Trump believes this will be a step towards revitalizing the U.S. economy and creating new jobs in the furniture manufacturing sector.

American Credit Card Debt Reaches Record Highs

2 months ago

Recently, a troubling trend has emerged in the United States: credit card debt and the overall level of household debt among Americans have reached historical highs. Experts warn that households are facing increasing financial burdens, with many beginning to struggle with repaying their debts.

Tariffs as a Tool for Reducing Trade Deficits: Experts' Opinions

2 months ago

According to statements from economic experts, the imposition of tariffs can play a significant role in correcting the trade deficit of the United States. The consequences of applying these duties are widely discussed, yet specialists believe that strategically chosen measures can yield positive results.