Asian Tribune Your Multilingual Newspaper covering World and local news News
As Prime Minister Mark Carney is set to meet with U.S. President Donald Trump on Tuesday, the federal government has its work cut out for it following a tumultuous few months in domestic politics — not just on the tariff front with the U.S., but also with the world’s second-largest economy. …
Read More »Are U.S. ports ‘ghost towns’ thanks to Trump’s tariffs?
17 hours ago News Duration 2:14 Viral videos are claiming major U.S. ports are empty because Trump’s tariffs against China have dried up the supply of Chinese goods. Is it true? CBC’s visual investigations unit analyzes the videos, satellite imagery and trade data to find out what’s really going on. …
Read More »GM to lay off 700 workers at Oshawa plant, citing U.S. tariffs: union president
General Motors is laying off 700 workers at its Oshawa Assembly plant as it makes changes to shifts due to U.S. tariffs, the president of the union representing workers said Friday. The plant, which employs roughly 3,000 people, is moving from a three-shift to a two-shift operation starting this fall, according …
Read More »China draws up list of U.S.-made goods exempt from 125% tariffs, sources say
China has created a list of U.S.-made products that would be exempted from its 125 per cent tariffs and is quietly notifying companies about the policy, two people familiar with the matter said, as Beijing seeks to ease the impact of its trade war with Washington. China has already granted tariff exemptions on …
Read More »Trump will sign an executive order on auto industry tariffs today, White House says
U.S. President Donald Trump will sign an executive order on auto tariffs on Tuesday, White House Press Secretary Karoline Leavitt said at a news briefing. Treasury Secretary Scott Bessent declined to give any further details but said the coming measures would help “substantially” with the goal of restoring manufacturing jobs in the U.S. …
Read More »Trump tariffs could throw off Ford’s path to balanced Ontario budget
U.S. President Donald Trump’s chaotic trade war will loom large over Doug Ford’s provincial budget, with experts saying billions in financial aid to impacted workers and businesses will throw a wrench in the premier’s plan to balance Ontario’s books next year. Next month, Ford’s Progressive Conservatives are expected to unveil their …
Read More »IMF warns Trump’s tariffs will slow U.S., global economies as we enter ‘a new era’
The U.S. and global economies will likely slow significantly in the wake of U.S. President Donald Trump’s tariffs and the uncertainty they have created, the International Monetary Fund said Tuesday. The IMF said that the global economy will grow just 2.8 per cent this year, down from its forecast in January …
Read More »American vision care non-profit moving to Manitoba as U.S. tariffs drive up costs
American organizations that help people in need are now among those facing the sting of U.S. tariffs — and a non-profit that provides eye care to people in 68 countries plans to move its production to Manitoba because of the uncertainty the tariffs have created. Global Vision 2020 is a non-profit founded 15 years …
Read More »‘No options’ on tariffs without more time, says company importing from U.S.
A program announced this week to help some Canadian businesses faced with expensive counter-tariffs might not be enough to entirely spare some manufacturing firms from damage, say observers. And one such company in rural Manitoba is already feeling the bite. Since the trade war with the U.S. erupted last month, PhiBer Manufacturing has been …
Read More »Chinese president engages in charm offensive in Southeast Asia as U.S. tariffs rattle region
The timing couldn’t be better for Chinese President Xi Jinping as he wraps up a tour of three countries in Southeast Asia amid growing tariff pressure from U.S. President Donald Trump. “It’s a very smart move,” said Gil Lan, an associate professor in the law and business department at the Ted …
Read More »