tariff
China announced it will impose a 34% tariff on all U.S. imports starting April 10, matching the recent U.S. tariff imposed by President Trump. The Commerce Ministry also revealed plans for stricter export controls on rare earth materials crucial for high-tech products. Following the announcement, Asian and European markets saw significant declines. Germany’s DAX fell […]
Mark Carney, former head of the UK and Canada’s central banks, was elected as Prime Minister Justin Trudeau’s successor, winning 86% of the votes in the federal Liberal party leadership race. This makes him the first outsider without a significant political background to become Canadian Prime Minister. Carney steps into this role amid rising tensions […]
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