U.S. President Donald Trump has accused China of reneging on a major aircraft purchase agreement with Boeing, intensifying an already heated trade standoff between the world’s two largest economies. According to Trump, Chinese authorities recently directed domestic airlines to halt new deliveries from the American aerospace giant—a move seen by many as a direct retaliation […]
The Impressive Times
In a major escalation of trade tensions, the United States on Tuesday imposed 104 percent tariffs on imports from China, a significant step beyond the initially announced 34 percent increase. The hike, part of a broader reciprocal tariff strategy, reflects Washington’s response to Beijing’s refusal to withdraw its countermeasures against American goods. Initially, the US […]
The Impressive Times
The announcement led to a dramatic sell-off on Wall Street, marking the worst single-day decline in U.S. financial markets since the COVID-19 crash five years ago. Major indices tumbled as investor panic spread, wiping out trillions of dollars in corporate value. Sectors particularly vulnerable to global trade—including retail, banking, airlines, clothing, and technology—were hit the […]
The Impressive Times
Canada’s new Prime Minister, Mark Carney, who took office after Justin Trudeau’s resignation, has called for a snap election on April 28. The ruling Liberal Party of Canada will face off against the main opposition party, the Conservative Party of Canada, led by Pierre Poilievre. Carney stated that the decision to hold an early election […]
The Impressive Times
US President Donald Trump has announced the implementation of reciprocal tariffs, set to take effect on April 2, reinforcing his administration’s stance on trade policy and criticizing the European Union, China, Brazil, India, and South Korea for imposing high tariffs on American goods. In his inaugural address to a joint session of Congress, Trump declared […]
The Impressive Times
