Short-term gains
The recent 30-day suspension of American tariffs on Mexican and Canadian goods underscores the unpredictability of trade policy under US President Donald Trump.
The recent 30-day suspension of American tariffs on Mexican and Canadian goods underscores the unpredictability of trade policy under US President Donald Trump.
United States President Donald Trump has agreed to delay punishing tariffs on all exports from Canada and Mexico, which resulted in a threat of retaliatory tariffs from Canada.
India’s reduction in import tariffs is being positioned as a move toward greater trade openness in the midst of a major global trade war launched by the US which threatens to target more countries.
Trade wars are not fought with missiles and tanks, but their impact can be just as devastating. They are battles waged with numbers, policy manoeuvres, and, often, a touch of political bravado.
US tariff hikes on Mexico will be delayed by a month, President Donald Trump announced on Monday indicating a “deal” could be coming. Conversations with Canada are also underway, as Trump spoke with Justin Trudeau.
Apart from income, health or education, a country’s level of development can also be gauged by looking at household items like refrigerator, television or washing machine, a team of economists has said.
Mexican President Andres Manuel Lopez Obrador has said the main problem facing the US is social decomposition, which has led to widespread drug abuse among its youth.
Over 1 million people in the Caribbean have been affected by Hurricane Beryl, UN humanitarians have said.
Mexico’s cultural philosopher Jose Vasconcelos in his widely-read 1925 essay, “The Cosmic Race,” celebrated the mixture of European, Asian, Indigenous, and African races that made up the Mexican.
Mexico's legislature could approve a bill to reform the judicial system in September, President Andres Manuel Lopez Obrador said, downplaying market "jitters" over the controversial initiative that sparked a depreciation in the Mexican peso.
