The US Canada trade war 2026 has entered a more serious phase after Canada imposed new retaliatory tariffs on about $19.9 billion worth of American goods. The measures took effect on September 8 and target products including steel, dairy, appliances, agricultural equipment, electronics and other manufactured goods. The tariffs range from 15% to 50%, depending…
A new wave of U.S. import tariffs officially took effect on Friday, July 24, replacing the temporary 10% global tariff that had been in place since February and marking a significant shift in the Trump administration’s trade policy. The new measures impose tariffs ranging from 10% to 12.5% on imports from 60 trading partners, covering…
The United States has imposed a 12.5% tariff on most imports from Nigeria, citing concerns over the country’s enforcement against goods linked to forced labour. Nigeria is among 60 trading partners affected by the latest trade measures announced by the Trump administration. According to US officials, the new tariffs are part of a broader effort…
German automotive giant Volkswagen is considering one of the largest workforce reductions in the industry’s history, with plans that could see up to 100,000 jobs cut worldwide as the company battles rising costs, U.S. tariffs, weaker electric vehicle margins and intensifying competition from Chinese manufacturers. Volkswagen CEO Oliver Blume confirmed in an internal memo that…
