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Trade negotiations between the US and Canada were halted this week after President Donald Trump reacted strongly to an advertisement sponsored by Ontario, Canada. The minute-long advert used excerpts from a 1987 Reagan address on foreign trade. In the ad, Reagan is quoted as saying tariffs “hurt every American.” President Trump immediately called the advert…
The CNBC Daily Open is focusing on the details of the new four-year economic strategy being implemented by the current US administration. This plan comes with a “Trump twist,” indicating a clear continuation of policies centered on economic nationalism, aggressive trade measures, and deregulation. The core of the strategy includes significant adjustments to US trade…
Switzerland is facing an escalating trade crisis with the United States, after President Donald Trump imposed a 39% tariff on Swiss goods — one of the steepest in the world — leaving the country’s exporters reeling and talks for relief at a standstill. While the UK and the European Union have managed to secure tariff…
