Complaints about debt advisers have soared more than 170 per cent, according to the Superintendent of Bankruptcy, which cites more awareness efforts alongside rising insolvencies for the increase, the Globe and Mail reported. Data from the Office of the Superintendent of Bankruptcy provided showed that as of March 31, the number of complaints it received involving debt advisers has grown roughly 174 per cent, from 42 complaints in the fiscal year 2023-2024 to 115 in 2024-2025.

The United States has officially lowered its tariff on Japanese automobiles to 15% from 27.5%, finally addressing some unfinished business that had added extra uncertainty to an already unpredictable and protracted trade war, the Japan Times reported. Japan and the United States first agreed to the reduced rate on July 22 as part of a broader deal in which "reciprocal" tariffs, which cover most other exports, were taken from 10% to 15% — but less than the 25% threatened. Reciprocal duties were formally raised to 15% on Aug. 7.

The United States and Britain plan to announce more than $10 billion in economic deals this week as part of U.S. President Donald Trump's state visit, senior U.S. officials said on Monday, Reuters reported. The two governments are expected to seal a trade agreement with three pillars: a new science and technology partnership to strengthen the tech sectors of both countries, cooperation in civil nuclear power, and advances in defense technology cooperation, the officials said in a telephone briefing. Several U.S.

A long-awaited sale hearing expected to complete a U.S. court-organized auction of shares in the parent of Venezuela-owned U.S. refiner Citgo Petroleum is set to begin on Monday, with bidders and creditors locked in a bitter dispute over who should win, Reuters reported. The Delaware court will hear testimony from the involved parties, witnesses and experts in the four-day showdown before Judge Leonard Stark selects a final winner. Another set of arguments could be presented in October if the court decides more time and evidence are needed. At stake is the future of the seventh largest U.S.

India and the U.S. will hold trade talks on Tuesday, New Delhi said, raising hopes for a breakthrough weeks after President Donald Trump imposed punitive tariffs on the South Asian nation for buying Russian oil, Reuters reported. The move comes after Trump struck a more conciliatory tone in statements last week and expressed optimism that they could finalise a trade deal. The U.S. trade representative for South Asia, Brendan Lynch, will be in New Delhi for one day of talks, Indian chief negotiator Rajesh Agarwal said.

Mexican President Claudia Sheinbaum on Thursday said her government was not looking for a conflict with countries on which it plans to increase tariffs, including China, Reuters reported. "We don't want a conflict," Sheinbaum told a morning press conference, adding the measures were intended to boost Mexico's economy and that her government was in talks with ambassadors from countries impacted by the proposed measures.

Mexico said on Wednesday it will raise tariffs on automobiles from China and other Asian countries to 50%, in a broad overhaul of import levies the government said would protect jobs and analysts said was aimed at placating the United States, Reuters reported. The Economy Ministry said that the moves, which will increase tariffs to varying degrees on goods across multiple sectors including textiles, steel and automotive, would impact $52 billion of imports.

The Supreme Court on Tuesday announced it will quickly weigh the legality of most of President Donald Trump’s sweeping tariffs, a far-reaching case that could determine the fate of a cornerstone of the president’s agenda and alter the course of the U.S. economy and global trade, the Washington Post reported. The justices asked the government and a group of small businesses and states to expedite briefings in the case, setting a deadline of Sept. 19 to submit them. The case has been set for argument the first week in November.

U.S. President Donald Trump urged EU officials on Tuesday to hit China with tariffs of up to 100% as part of a strategy to pressure Russian President Vladimir Putin, according to a U.S. official and an EU diplomat, Reuters reported. Trump also encouraged the European Union to slap India with similarly expansive tariffs, said the official. China and India are major purchasers of Russian oil and, as such, they play a vital role in keeping Russia's economy afloat as it continues to pursue its expanded invasion of Ukraine, which began in 2022.