Tariffs and tax cuts are at the core of Donald Trump’s economic policies.
Trump said on social media that the new department would be created on his first day when he takes office on January 20.
Regulations would restrict access to AI chips for gaming and AI products and data centres in 120 countries.
Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was ‘close call’.
Chinese analyst Victor Gao argues that the US will not be able to stop China’s growth.
Visit by Canada’s foreign affairs and finance ministers comes as country hopes to avoid 25-percent US tariffs.
Experts say 25-percent US tariffs along with retaliatory measures by Canada would hurt economies of both countries.
The Panama government has controlled the canal since 1999, based on a treaty signed with the US in 1977.
Chrystia Freeland cites Canadian government’s response to Donald Trump’s US tariff threats in resignation letter.
Paris and Berlin that make up almost half of the eurozone economy face political and economic woes.
Donald Trump’s election sent clean energy stocks tumbling, and some firms have paused investments.
Bank of Canada governor also said potential tariffs by Trump posed a ‘major new uncertainty’.
The two countries have imposed tit-for-tat export restrictions for months to hamper technological and AI development.
US President-elect Donald Trump has threatened 100 percent tariffs on BRICS nations if they replace the dollar.
