U.S. Commerce Secretary Praises UK and Mexico While Warning Retaliatory Trade Partners
U.S. Secretary of Commerce Howard Lutnick praised the United Kingdom and Mexico for their restraint in responding to American tariffs
March 13, 2025Section
North America
The United States and Canada set the price of money, the direction of technology, and the trade rules the rest of the world lives by. The Rio Times covers North America through an emerging-market lens: the Fed and the dollar, Wall Street and the AI boom, tariffs and the policies that decide how capital flows to – or away from – Latin America. This hub gathers our daily US and Canada coverage and connects it to the wider Global South story.
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Putin Signals Support for Ukraine Ceasefire While Demanding Lasting Solution
Russian President Vladimir Putin expressed conditional support for a US-proposed 30-day ceasefire in Ukraine during a Thursday press conference with...
March 13, 2025
Trump Threatens 200% Tariff on European Wine in Escalating Trade War
President Donald Trump threatened to impose a 200% tariff on European wines champagnes and other alcoholic beverages. Analysis from The...
March 13, 2025
Hedge Funds Slash Risk as Trump’s Trade War Triggers Market Volatility
Hedge funds are drastically reducing leveraged positions as they struggle to navigate market turbulence triggered by President Trump's aggressive trade...
March 13, 2025
Bank of Canada Cuts Rates to 2.75% as Trump Tariffs Bite Economy
The Bank of Canada reduced its key interest rate by 25 basis points to 2.75% on March 12, marking its...
March 12, 2025
Trump Moves to Add Copper to Metal Tariff List, Prices Surge
President Donald Trump declared copper a national security priority on February 25, directing Commerce Secretary Howard Lutnick to investigate imposing...
March 12, 2025
Canada Escalates Trade Conflict with $29.8 Billion in New Tariffs on U.S.Goods
Canadian Finance Minister Dominic LeBlanc announced today that Canada will impose 25% retaliatory tariffs on $29.8 billion CAD ($21 billion...
March 12, 2025
Trump Taps Bowman as Fed’s Banking Watchdog: Deregulation Push Begins
The White House confirmed today that President Donald Trump will nominate Federal Reserve Governor Michelle Bowman
March 12, 2025
U.S. Inflation Cools to 2.8% in February, Beating Expectations Amid Tariff Concerns
The US Bureau of Labor Statistics reported today that consumer prices rose just 0.2% in February, bringing the annual inflation...
March 12, 2025