Senate Confirms Lutnick as Commerce Secretary, Ushering in New Trade Policy
The Senate confirmed Howard Lutnick as Commerce Secretary on Tuesday by a 51-45 vote, marking a key step in President Trump's "America First" trade policy agenda; Lutnick vowed to divest his financial interests within 90 days and will focus on reciprocal tariffs to address trade imbalances.
Senate Confirms Lutnick as Commerce Secretary, Ushering in New Trade Policy
The Senate confirmed Howard Lutnick as Commerce Secretary on Tuesday by a 51-45 vote, marking a key step in President Trump's "America First" trade policy agenda; Lutnick vowed to divest his financial interests within 90 days and will focus on reciprocal tariffs to address trade imbalances.
Progress
44% Bias Score
Homebuilder Sentiment Plunges to Five-Month Low Amid Tariff and Rate Concerns
The National Association of Home Builders' Housing Market Index fell 5 points to 42 in February, the lowest level in five months, primarily due to concerns over tariffs and high mortgage rates exceeding 7 percent, impacting affordability and decreasing buyer traffic and sales expectations.
Homebuilder Sentiment Plunges to Five-Month Low Amid Tariff and Rate Concerns
The National Association of Home Builders' Housing Market Index fell 5 points to 42 in February, the lowest level in five months, primarily due to concerns over tariffs and high mortgage rates exceeding 7 percent, impacting affordability and decreasing buyer traffic and sales expectations.
Progress
48% Bias Score
Trump Tariffs Threaten Quebec's Aluminum Industry
President Trump's 25% tariff on aluminum imports threatens Quebec's aluminum industry, which supplied 65% of U.S. imports in 2024, impacting 9,500 jobs and US$24.4 billion in exports; however, Quebec's abundant hydroelectric power and experienced producers may mitigate some effects.
Trump Tariffs Threaten Quebec's Aluminum Industry
President Trump's 25% tariff on aluminum imports threatens Quebec's aluminum industry, which supplied 65% of U.S. imports in 2024, impacting 9,500 jobs and US$24.4 billion in exports; however, Quebec's abundant hydroelectric power and experienced producers may mitigate some effects.
Progress
36% Bias Score
Trump's "Reciprocal Tariffs": A Logistical Nightmare
Donald Trump's proposed "reciprocal tariffs", matching US tariffs to those of trading partners, would create massive logistical and economic challenges due to the complexity of calculating tariffs for billions of imported items across nearly 200 countries, potentially leading to global trade chaos a...
Trump's "Reciprocal Tariffs": A Logistical Nightmare
Donald Trump's proposed "reciprocal tariffs", matching US tariffs to those of trading partners, would create massive logistical and economic challenges due to the complexity of calculating tariffs for billions of imported items across nearly 200 countries, potentially leading to global trade chaos a...
Progress
56% Bias Score
Trump's Planned Tariff Increase on China Risks Escalating Trade Tensions
President Trump plans to impose increased tariffs on Chinese goods starting in April, following investigations into China's trade practices; this action risks escalating trade tensions and harming US alliances, potentially raising prices for consumers and impacting global supply chains.
Trump's Planned Tariff Increase on China Risks Escalating Trade Tensions
President Trump plans to impose increased tariffs on Chinese goods starting in April, following investigations into China's trade practices; this action risks escalating trade tensions and harming US alliances, potentially raising prices for consumers and impacting global supply chains.
Progress
48% Bias Score
Trump's Tariffs Threaten Global Trade Stability
President Trump's imposition of tariffs is disrupting global trade, prompting retaliatory measures from the EU and other countries and threatening the rules-based international trade system; this action, coupled with existing trade barriers, creates uncertainty for businesses and could exacerbate in...
Trump's Tariffs Threaten Global Trade Stability
President Trump's imposition of tariffs is disrupting global trade, prompting retaliatory measures from the EU and other countries and threatening the rules-based international trade system; this action, coupled with existing trade barriers, creates uncertainty for businesses and could exacerbate in...
Progress
44% Bias Score
Joly Rebukes US Senators, Carney Leads Liberal Fundraising
Canadian Foreign Affairs Minister Mélanie Joly publicly rebuked U.S. senators for joking about Canada becoming the 51st state, emphasizing the need for respect. Meanwhile, Mark Carney raised $1.9 million for his Liberal leadership bid, significantly more than his competitors, while Ottawa spent a re...
Joly Rebukes US Senators, Carney Leads Liberal Fundraising
Canadian Foreign Affairs Minister Mélanie Joly publicly rebuked U.S. senators for joking about Canada becoming the 51st state, emphasizing the need for respect. Meanwhile, Mark Carney raised $1.9 million for his Liberal leadership bid, significantly more than his competitors, while Ottawa spent a re...
Progress
24% Bias Score
China Condemns US Tariffs, Warns of Global Recession
China condemned the U.S.'s new tariffs on Chinese imports at a WTO meeting, warning of potential global recession and filing a WTO dispute; the WTO is addressing the mounting trade frictions for the first time.
China Condemns US Tariffs, Warns of Global Recession
China condemned the U.S.'s new tariffs on Chinese imports at a WTO meeting, warning of potential global recession and filing a WTO dispute; the WTO is addressing the mounting trade frictions for the first time.
Progress
44% Bias Score
Shein Reports Strong Growth Despite US Tariff Hike
Shein's executive chairman reassured investors of strong growth despite the US ending duty-free treatment for Chinese imports under \$800, impacting its business model and potentially leading to price increases; the company is pursuing a London IPO.
Shein Reports Strong Growth Despite US Tariff Hike
Shein's executive chairman reassured investors of strong growth despite the US ending duty-free treatment for Chinese imports under \$800, impacting its business model and potentially leading to price increases; the company is pursuing a London IPO.
Progress
44% Bias Score
Trump's Tariff Strategy: Market Turmoil and Global Economic Uncertainty
President Trump's new tariffs on Canada, Mexico, and China caused initial market turmoil, but a last-minute deal brought temporary relief; however, further escalation is possible, and global economic repercussions are a concern.
Trump's Tariff Strategy: Market Turmoil and Global Economic Uncertainty
President Trump's new tariffs on Canada, Mexico, and China caused initial market turmoil, but a last-minute deal brought temporary relief; however, further escalation is possible, and global economic repercussions are a concern.
Progress
56% Bias Score
Trump Prepares New Tariffs on China, Escalating Trade Tensions
President Trump plans to impose new tariffs on Chinese goods starting in April, escalating trade tensions, following reports critical of China's trade practices; this follows earlier actions including reciprocal tariffs on various countries and a 25% duty reinstatement on steel and aluminum, impacti...
Trump Prepares New Tariffs on China, Escalating Trade Tensions
President Trump plans to impose new tariffs on Chinese goods starting in April, escalating trade tensions, following reports critical of China's trade practices; this follows earlier actions including reciprocal tariffs on various countries and a 25% duty reinstatement on steel and aluminum, impacti...
Progress
40% Bias Score
Trump's Protectionist Trade Policies: Economic Impacts and Global Risks
Upon reelection, Trump implemented protectionist trade policies including tariffs on imports from Canada, Mexico, and China, aiming to revitalize domestic manufacturing, increase revenue, and enhance national security, despite potential negative economic consequences.
Trump's Protectionist Trade Policies: Economic Impacts and Global Risks
Upon reelection, Trump implemented protectionist trade policies including tariffs on imports from Canada, Mexico, and China, aiming to revitalize domestic manufacturing, increase revenue, and enhance national security, despite potential negative economic consequences.
Progress
40% Bias Score