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April 9, 2025

Canada’s 25% Tariffs on US Automobile Imports Take Effect

Ottawa: The Canadian government announced the implementation of new customs measures starting Wednesday, including a 25% tariff on imported vehicles of certain US brands, in response to a similar move by the administration of US President Donald Trump…

Dollar Slips on Yen, Swiss Franc, and Yuan Falls

Tokyo: The dollar lost 0.7% to 145.23 yen, heading back toward the recent six-month trough of 144.55 on Wednesday, amid growing concerns in global markets about the possibility of the imminent imposition by the US of 104% tariffs on China spooked worl…