Trump Tariffs Trigger Global Trade Repercussions

President Trump's tariffs on Canada, Mexico, and China led to China canceling \$15.06 billion in US soybean orders, highlighting the interconnectedness of global trade and the potential for unintended consequences, as other nations like Brazil and Russia benefit while the US faces economic repercussions and potential diplomatic isolation.

Global Markets Roiled by US Tariffs: AIIB Emphasizes Multilateralism

Economists predict that US tariffs will slow global economic growth and increase inflation; the Asian Infrastructure Investment Bank (AIIB) stresses the importance of multilateralism to counteract these effects; the EU threatens retaliation.

US-Canada Trade War Threat Sends Shockwaves Through Canadian Economy

The threat of a US-Canada trade war initially sent Canadian stocks and the dollar lower on Monday, but a 30-day tariff pause eased concerns, offering lessons for investors, homebuyers, and mortgage holders about the impact of trade disputes on personal finances.

End of Import Exemption to Hike Prices for Shein and Temu Shoppers

The U.S. is eliminating a decades-old import exemption that allowed packages worth less than \$800 to enter the country tariff-free, resulting in higher prices for consumers who shop on sites like Shein and Temu. This decision has led to a temporary halt in the acceptance of international packages from China.