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The global economy is holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but Kristalina Georgieva says that resilience may not last.

The new demands come as the two sides prepare to negotiate the next steps of this summer’s trade deal, which set a 15% tariff on most EU goods entering the U.S.

As Roustan Hockey faces a trade war launched by President Donald Trump, the disruption underscores the broader turmoil that’s left the Canadian economy reeling.

Mexican officials vowed to push back against new tariffs the Trump administration is planning on heavy trucks, yet another hurdle the U.S. is throwing in front of its southern neighbor.

Trump met with Canadian Prime Minister Mark Carney on Oct. 7, and the president described the disagreements as “natural conflicts” because they’re competing for the same business.

Merchandise trade volumes are forecast to rise 2.4% this year, the Geneva-based forum said in a report Oct. 7 — much faster than the 0.9% growth it predicted in August.

One of the world’s most durable and amicable alliances has been fractured by Trump’s trade war and annexation threats.

Brazil’s overall exports grew last month as greater shipments to destinations like China and Argentina blunted the hit from 50% tariffs imposed by the U.S. government, according to data.

President Donald Trump said 25% duties on medium- and heavy-duty trucks would begin Nov. 1, the latest expansion of his tariff regime aimed at protecting domestic industries.

Companies that paid the $165 billion in customs duties collected so far this fiscal year won’t have an easy time getting their money back.