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trade

Adidas shares slump on downbeat profit outlook

Adidas shares slump on downbeat profit outlook

Adidas shares slumped Wednesday after the German sportswear giant gave a disappointing 2026 profit forecast and warned of a 400-million-euro ($465-million) hit from US tariffs and exchange rate effects. The maker of Gazelle and Samba trainers said it expects operating profit to rise to 2.3 billion

WATCH: Trump threatens to end all trade with Spain

(The Center Square) – President Donald Trump on Tuesday said he wanted to end all trade with Spain over disagreements about military spending. The president cited Spain's reluctance to increase defense spending to match other NATO members and its refusal to allow the U.S. to use its bases

Mideast war risks sending global economy into stagflation

Mideast war risks sending global economy into stagflation

An extended conflict in the Middle East after the US and Israel launched strikes on Iran could trigger global stagflation -- a troublesome blend of high inflation and anaemic growth -- due to spiking oil and gas prices, economists warned. - Will there be an oil shock ? - The conflict has nearly halted traffic

Canada's Carney to mend rift, boost trade as he meets India's Modi

Canada's Carney to mend rift, boost trade as he meets India's Modi

Canadian Prime Minister Mark Carney will seek to reset strained ties and push efforts to diversify trade beyond the United States when he meets his Indian counterpart Narendra Modi on Monday. The talks in New Delhi are expected to cover trade and investment, clean energy, defence, critical minerals and artificial

How Trump tariffs jolted Montana coffee roasters

How Trump tariffs jolted Montana coffee roasters

The first year of President Donald Trump’s second term is giving Helena coffee roaster Steven Ladefoged the wrong kind of jitters. Trump rolled out tariffs of 10% to 15% on green (i.e., unroasted) coffee bean imports in April 2025, which then escalated to 50%. The fever didn’t

Whitmer criticizes tariffs; Republicans cite study showing economic gains

(The Center Square) – Gov. Gretchen Whitmer used her State of the State address Wednesday to renew criticism of President Donald Trump’s tariff policy, while Michigan Republicans are pointing to a recent study which shows the tariffs are boosting Michigan auto production and jobs. Whitmer, who has met with the

Canada optimistic North American free trade pact will survive

Canada optimistic North American free trade pact will survive

The Canadian official responsible for US trade voiced optimism Thursday about the future of a North American free trade agreement, a pact derided by President Donald Trump and set for review this year. Dominic LeBlanc, Ottawa's minister for Canada-US trade, also cast doubt on the notion that