Tariffs

August 26, 2026

Lake Ontario Naming Dispute: “We’ll Call It Lake Ontario,” Canada Asserts

On August 25, 2026, a proposal surfaced to consider renaming Lake Ontario to “Lake America.” The suggestion sparked immediate diplomatic pushback and clarified an important principle: geographic names carry legal frameworks, not

Canada-US border crossing at Peace Arch during trade war escalation

Business·Policy·USA

Canada Hits Back with 50% Retaliatory Tariffs as US Trade War Escalates

Canada will impose dollar-for-dollar retaliatory tariffs on U.S. goods beginning September 8, Prime Minister Mark Carney announced Saturday, marking a decisive escalation in a trade dispute that has shaken the foundations of the North American economic partnership. The counter-measures respond

August 25, 2026

Trump Pauses 50% Tariffs on Canada for Three Days After Tentative Deal

Business·Policy

Trump pauses 50% tariffs on Canada for three days after tentative deal. Carney cites substantial progress.

50% Tariffs at Midnight: PM Carney’s ‘Very Intense’ Talks With Trump Race Against Clock

Business·Canada·Policy

Canada is racing against time to avert US tariffs of 50 percent set to take effect at midnight. Canadian and US negotiators met ahead

A DJI Phantom quadcopter powered up on open ground.

Business·China·Politics·World

China Hits Back With Drone Export Controls and Seven US Entity Bans After FCC Ban

China restricts drone exports and bars seven US entities after the FCC drone import ban and 43 Xinjiang forced-labour listings, weeks before an expected Xi visit to the US.

Sunita Somvanshi

August 6, 2026

A busy Lululemon store on a New York City street corner with large glass windows and people walking by.

Business·Fashion·News

Lululemon Stock Crashes 17% After CEO Admits ‘Too Predictable’ Product Line Caused $240M Tariff Impact

Lululemon’s stock plunged approximately 17-19% after Thursday’s Q2 earnings call when CEO Calvin McDonald admitted what many customers might have already felt about their product lineup. “We have become too predictable within

Sunita Somvanshi

September 7, 2025

A white BYD Seal electric sedan parked beside the Danube River in front of the Hungarian Parliament Building in Budapest.

Business·Electric·Mobility

Chinese EV Giant BYD Builds First European Factory in Hungary with €4 Billion, 300,000 Annual Capacity

Workers in Szeged, Hungary, found early medieval Avar-period pottery and cemetery remains while preparing the ground for BYD’s new electric vehicle factory. The Chinese automaker plans to build cars on land with

Rahul Somvanshiand

Karmactive Team

July 31, 2025

Tesla Model Y Juniper Washington DC, USA Photo Source: OWS Photography CC BY 4.

Canada·News

Tesla Slashes Model Y Price by $20K to Revive Canadian Sales

Tesla has dramatically reduced the price of its Model Y in Canada by $20,000, bringing the electric SUV’s cost down to $64,990 from $84,990. This major price cut comes as the automaker

Sunita Somvanshi

July 12, 2025

Tesla Store. Photo Source: harry_nl (CC BY-NC-SA 2.0)

Business·News

Tesla Stock Jumps 4.7% After Tariff Cuts as European Sales Drop Up to 81%

Tesla’s stock price went up 4.7% Friday, reaching its best trading day since February 2025. Buyers pushed the price up 4% this week, adding to a three-week buying spree that brought a

Sunita Somvanshi

May 13, 2025

Business·News

Ford Raises Prices on Mustang Mach-E, Maverick, Bronco Sport Amid $2.5B Tariff Impact

Ford Motor Company has enacted price increases on three popular models manufactured in Mexico – the Mustang Mach-E, Maverick, and Bronco Sport. The price adjustments, ranging from $600 to $2,000, take effect

Sunita Somvanshi

May 11, 2025