Trade

Trump Warns U.S. May Take Back Panama Canal

President-elect Donald Trump wrote on Truth Social that the United States may take back the Panama Canal unless the country lowers its costs and opposes Chinese influences.

Trump Appoints Television Producer Mark Burnett as Special Envoy to the U.K.

President-elect Donald Trump has appointed British television producer Mark Burnett as the Special Envoy to the United Kingdom, adding another high-profile name to his administration.

Erdogan Calls for Arms Embargo and Trade Ban on Israel at D-8 Summit

Turkish President Recep Tayyip Erdogan called for an international arms embargo and a halt to all trade with Israel on Thursday, aiming to isolate the Jewish state over its actions in the Middle East.

Trump Appoints Herschel Walker as Ambassador to the Bahamas

President-elect Donald Trump has named former NFL star and Georgia Senate candidate Herschel Walker as his ambassador to the Bahamas. The announcement came in...

Trump’s Tariffs Won’t Fuel Inflation, Says Trade Advisor Peter Navarro

Incoming trade advisor Peter Navarro has reassured Americans that the tariffs planned for President-Elect Donald Trump's next term will not lead to inflationary pressures. Speaking with CNBC, Navarro pointed to the significant tariffs imposed on Chinese imports during Trump’s previous term, such as steel, aluminum, dishwashers, and solar panels. Despite fears that these tariffs would drive up prices, Navarro emphasized that they had no discernible impact on inflation. He also dismissed past warnings about inflation, recalling how critics had predicted economic chaos during Trump’s first term, only to see those fears prove unfounded.

Chrystia Freeland Resigns Over Trudeau Dispute, Trump Tariff Threats

Canadian Deputy Prime Minister Chrystia Freeland has stepped down, citing a clash with Prime Minister Justin Trudeau over how to handle President-elect Donald Trump’s proposed 25% tariffs on Canadian imports.

Major Lawsuit Accuses Food Companies of ‘Predatory Profiteering’

A lawsuit described by lawyers as the "first of its kind" alleges that major food companies, including Coca-Cola, Nestlé, and General Mills, intentionally designed their products to be addictive. The lawsuit, filed by a Pennsylvania teenager, argues that the companies draw from the "cigarette playbook."

Americans Oppose Tariffs Linked to Higher Prices

A recent Reuters/Ipsos poll reveals that most Americans oppose higher tariffs on imported goods if they lead to increased consumer prices. The findings highlight the political risks surrounding President-elect Donald Trump's plan to impose steep import tariffs aimed at boosting American industry and curbing illegal activities such as fentanyl trafficking.

Republicans Warn Biden Against China’s Growing Influence in UN Agriculture Body

A group of 17 congressional Republicans is urging President Joe Biden to block a proposal at the United Nations' Food and Agriculture Organization (FAO) that they believe would bolster China’s influence and diminish America’s leadership in global agriculture.

Xi Jinping Unlikely to Attend Trump Inauguration Due to Diplomatic Risks

Chinese President Xi Jinping is unlikely to accept an invitation to attend the January 20 inauguration of President-elect Donald Trump, experts suggest.

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