July 8, 2025
Sydney 29

Canada drops tech tax: White House Says Ottawa ‘caved’ to Trump; trade talk to resume

US President Donald Trump (left), Canadian PM Mark Carney (AP) The White House on Monday said that Canadian Prime Minister Mark Carney had “caved” to pressure from US President Donald Trump, after Canada withdrew a controversial tax targeting American tech companies, a move that had triggered a freeze in trade talks.White House press secretary Karoline […]

Tariff standoff intensifies: China rallies allies as Trump’s trade war narrows to US vs Beijing

In a dramatic escalation of the global trade standoff, China is rallying international support in response to US President Donald Trump’s steep new tariffs — but it’s finding limited success as countries weigh economic pragmatism against political allegiance.This week, the White House hiked tariffs on Chinese imports to a staggering 125%, accusing Beijing of unfair […]

‘More than 50 countries reached out to Trump to begin negotiations’: Economic council director Kevin Hassett in defense of tariffs

Kevin Hassett defends Donald Trump White House National Economic Council Director Kevin Hassett came out defence of President Donald Trump‘s trade policies, dismissing concerns about increased costs for American consumers amid the massive backlash and recession fears.“So the fact is, the countries are angry and retaliating — and, by the way, coming to the table. […]