The US House of Representatives has voted to overturn President Donald Trump's decision to impose high tariffs on Canadian goods last year after six Republican lawmakers joined ranks with the Democrats.With Reps. Thomas Massie, Don Bacon, Kevin Kiley, Jeff Hurd, Brian Fitzpatrick and Dan Newhouse voting against party line, a resolution that seeks to end the tariffs passed by 219 to 211 votes.Howev...
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Political News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.