Trump tariff war risks causing a recession Published by Hilliard MacBeth on Mar 28, 2025 President Donald J. Trump surprised the world again Wednesday with new tariffs on automobiles and auto parts. This appears to be in addition to tariffs announced previously and shocked automakers like GM and Ford who make a significant number of vehicles... Read more
Chinese automaker BYD is taking over Tesla Published by Hilliard MacBeth on Mar 21, 2025 Chinese automaker BYD is flooding the world outside of North America with new, inexpensive models both hybrid and all-electric. And the latest announcement from BYD of an all-electric vehicle that can add 400 kilometers of range in five minutes is sending... Read more
Interest rate cuts won't be enough to save the Canadian economy Published by Hilliard MacBeth on Mar 14, 2025 Canadian central bankers cut their official rate by ¼ of a percent on Wednesday this week. But that won’t be enough to boost the economy in the face of higher tariffs and repeated threats from the U.S. President. How bad will the downturn get? Tiff Macklem... Read more
President Trump is demanding more defense spending from NATO countries Published by Hilliard MacBeth on Mar 07, 2025 President Trump mused recently that NATO members should be spending 5 percent of their GDP on defense. This new goal is a large increase from the current target of 2 percent of GDP. Trump has also claimed that NATO member countries have failed to pay... Read more