Trade
- Ray Dalio warns the world is ‘on the brink’ of a capital war - The billionaire Bridgewater founder also weighed in on investing in gold after the metal was gripped by a sharp sell-off.
- Trump says U.S. and India reached trade deal, will lower tariffs immediately - The U.S. and India have reached a trade deal, President Donald Trump announced.
- Is 'America First' starting to backfire as Washington's allies go it alone? - Trump's volatility and unpredictability, as well as tariffs and territorial threats, have spooked erstwhile allies.
- Trade balance soared 94% in November and was higher than a year ago, despite tariff efforts - The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled.
- South Korea's SK Hynix to establish a special ‘AI Company’ in the U.S. - SK Hynix will set up a new U.S.-based company focused on artificial intelligence solutions, with $10 billion committed to the project.
- All eyes are on Trump's reaction to the 'mother of all deals' between India and the EU - The trade deal is being widely seen as a strategic hedge against volatile U.S. trade policies.
- India and European Union have closed a 'landmark' free trade deal, Prime Minister Modi says - Goods traded between India and the EU in 2024 amounted to over 120 billion euros (about $140 billion), making it New Delhi's largest trading partner.
- South Korea scrambles to pass U.S. investment bill after Trump threatens higher tariffs - The bill aims to establish a state-run investment corporation and fund to manage Seoul's planned $350 billion investment pledge to Washington.
- Carney says Canada not pursuing free trade deal with China as Trump threatens 100% tariffs - His remarks come after U.S. President Donald Trump threatened to slap a 100% tariff on Canadian exports if Ottawa "makes a deal" with China
- Trump threatens to impose 100% tariff if Canada makes deal with China - In his Truth Social post, Trump suggested that China would try to use Canada to try to avoid paying U.S. tariffs.
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