INTEGRITY IN WRITTEN AND VIDEO NEWS, featuring newsOS integration and a growing interactive community of interested and increasingly well-informed readers and viewers who help make us who we are… a truly objective news media resource with full disclosure of bias, fact-checking, voting, polling, ratings, and comments. Learn about our editorial policies and practices (below). Join us today by subscribing to either our FREE MEMBERSHIP plan, or our PLATINUM PAID SUBSCRIPTION plan; each plan offers an unparalleled suite of benefits to our subscribers. U.S. DAILY RUNDOWN:Your News, Your Voice.
Tag: WTO dispute settlement
U.S. Trade Fears Ease as Canada’s Carney Returns: Legal, Historical, and Policy Implications for North American Trade Relations
The resurgence of Mark Carney into the Canadian political and economic scene signals a pivotal moment for North American trade stability. Against the backdrop of heightened geopolitical tensions and fluctuating U.S. trade policies, Carney's influence and economic stewardship offer a counterbalance to protectionist undercurrents. The Reuters report, “U.S. Trade Fears Ebb as Canada's Carney Returns” (Reuters, 2025), captures a moment of easing anxieties as Carney's anticipated leadership is seen as a safeguard against a renewed era of trade hostility.
The Mounting Trade War: Legal, Economic, and Societal Implications of U.S.-China Tensions
The deepening trade conflict between the United States and China has evolved from a series of tit-for-tat tariffs into a broader economic standoff, with profound implications for global supply chains, labor markets, and international governance structures. A recent report by the American Chamber of Commerce in China (AmCham) warns that if tensions persist, a substantial number of Chinese exporters could experience significant employment losses, threatening not only China’s domestic stability but also broader global economic security (Reuters, 2025).
Unleashing the Most Disruptive Trade Shift: How U.S. Tariffs Triggered the Worst IMF Forecast Revision in Years
In April 2025, the International Monetary Fund (IMF) significantly downgraded its forecast for U.S. economic growth, projecting a slowdown to 1.8% for the year, a notable decrease from the previous estimate of 2.7%. This revision is largely attributed to escalating trade tensions following the implementation of tariffs by the U.S. administration. The IMF also raised its U.S. inflation forecast to approximately 3%, about a one-percentage-point increase from earlier projections. (Investopedia)