TradeImpact

UK Firms Face Greater Risk from Trump's Tariffs Compared to European Competitors

25 days ago

In a recent analysis, it has come to light that UK firms may be more vulnerable to potential tariffs imposed by the Biden administration on various goods, especially in sectors like steel and automotive, than their European counterparts. This situation stems from the UK's heavy reliance on exports to the United States, making them particularly exposed to any trade policies that might emerge from the White House.

Montreal Port Appeals to Trudeau Administration to Address Ongoing Strike

2 months ago

The Montreal Port Authority is urgently calling on the federal government, led by Prime Minister Justin Trudeau, to intervene in an escalating strike that is causing significant disruptions in shipping and logistics operations. The strike, which has impacted cargo handling and contributed to delays in trade activities, has raised concerns about the economic repercussions for the region and the country as a whole.

World Bank Raises Alarm Over China's Economic Slowdown Impacting East Asia

2 months ago

The World Bank has issued a stark warning regarding the potential ramifications of China's economic slowdown, emphasizing concerns that the effects may ripple throughout East Asia. In its latest report, the financial institution underscored how the deceleration of China’s growth could intensify economic challenges facing neighboring countries in the region.

India Braces for Impact from Trump's Tariff Threats

2 months ago

As the global economy faces heightened tensions due to recent tariff threats from former President Donald Trump, experts suggest that India may experience a modest impact from these evolving trade dynamics. The potential reinstatement of tariffs could affect India's export sector, but analysts indicate that the country is relatively well-positioned to weather the storm.