international trade News

China Strikes Back: Imposes 125% Tariffs on US Goods in Response to Trump's Trade Policies

China has retaliated against the US by imposing a 125% tariff on US goods, following the White House's additional tariff increase on Chinese imports. The move, criticized by China'...

European Automotive Giants Call for Immediate Response to US Tariff Challenges

European automotive leaders met with the European Commission to address concerns over US tariffs, emphasizing the need for swift action to protect international trade and supply ch...

EU Automotive Leaders Call for Immediate Response to US Tariff Threats Amid Trade Concerns

European automotive leaders met with Ursula von der Leyen to discuss the adverse effects of US tariffs on trade and supply chains, urging swift implementation of the Automotive Act...

Shifting Sands: The Curious Case of Trump's Fluctuating Tariffs on India

US President Donald Trump's fluctuating tariffs on Indian goods, from 26% to 27% and back to 26%, have puzzled many. Similar adjustments were made for 17 other countries, with no c...

Lutnick Foresees No Tariff Exemptions Amid US Trade Policy Overhaul

US Commerce Secretary Howard Lutnick discusses the improbability of tariff exemptions, ongoing negotiations with major trading partners, and the impact of reciprocal tariffs on glo...

Innovative US Tariff Formula Aims to Eliminate Trade Deficits with Partners

The US has introduced a new tariff formula aimed at balancing trade deficits by considering trade balances, import elasticity, and tariff impacts, simplifying international trade n...

Trump's Bold Tariff Strategy: 5 Critical Impacts on Global Economy and Trade Relations

Former President Donald Trump's new tariffs aim to reshape U.S. trade policies, imposing a 10% minimum tariff globally with higher rates for specific countries. The move has sparke...

Breaking: Trump's New Tariff Strategy to Impact Countries and Industries Differently

The White House plans to implement new tariffs differentiated by country and industry, with rates of 10%, 15%, and 20%. President Trump is set to announce the details, marking a pi...

Trump's Tariff Decision Looms: Multiple Options on the Table Ahead of Wednesday's Announcement

US President Donald Trump is undecided on adopting a reciprocal tariff plan, with an announcement set for April 2. Options are being weighed to match tariffs on US exports, as reve...

Dow Plummets Over 300 Points as Trump's Global Tariff Threats Stir Market Panic

Wall Street's premarket session saw significant losses as President Trump's announcement of global tariffs sparked fears of a trade war, with the Dow dropping over 300 points. Addi...

Wall Street Reacts: Premarket Losses Follow Trump's Surprise 25% Tariff on Car Imports

Wall Street faces premarket losses after President Trump announces a 25% tariff on car imports, sparking market uncertainty and international trade tensions. The Dow Jones was flat...

US Stock Markets Dip Premarket as Trump Announces 25% Tariff on Car Imports

Wall Street trades mostly lower premarket after Trump announces a 25% tariff on car imports, effective April 2, raising market uncertainty. Warnings to Canada and the EU about pote...

Global Leaders Criticize Trump's Auto Tariffs: A Threat to International Trade and Jobs

Ontario Premier Doug Ford and EU President Ursula von der Leyen criticize Trump's new 25% tariffs on non-US-made cars, warning of increased costs for families and risks to jobs. Ca...

Global Trade Tensions Escalate as Trump Imposes Heavy Tariffs on Canada, Mexico, and China

President Trump's imposition of steep tariffs on Canada, Mexico, and China has triggered immediate retaliation and threatens to disrupt $2.2 trillion in annual U.S. trade. This mov...

Trump Poised to Enact Reciprocal Tariffs: A Strategic Move Delayed Until April?

US President Donald Trump is expected to approve reciprocal tariffs with a delayed implementation, possibly starting April 1. This move involves a presidential memorandum directing...

Global Oil Prices Surge Amidst New US Tariffs on Steel and Aluminum

Crude oil prices surged over 1% following President Trump's new tariffs on steel and aluminum imports, prompting international criticism and warnings of countermeasures from world ...

President Trump Pledges Imminent Tariffs on EU, Eyes Panama Canal and Russia Talks

President Donald Trump announces plans to impose tariffs on the EU, reclaim the Panama Canal, and engage in significant talks with Russian President Vladimir Putin, signaling major...

EU Stands Firm: Ready to Respond Proportionately to Trump's Tariff Threats

The European Union, represented by Valdis Dombrovskis, has declared its readiness to respond in a proportionate manner to any tariffs imposed by US President Donald Trump. Emphasiz...

RBI's New Policy: Foreign Nationals Now Allowed to Open Rupee Accounts Abroad

The Reserve Bank of India (RBI) has announced new rules allowing foreigners to open rupee accounts in overseas Indian banks, aiming to promote the rupee's use in international trad...