trade policies News

Honda Considers Shifting Production to US Amid Trump's Tariff Threats on Foreign-Made Cars

Honda Motor Co., Ltd. is considering moving its car production from Mexico and Canada to the United States due to Trump's 25% tariff on non-US-made cars, aiming to meet 90% of US s...

Honda Considers Shifting Production to US Amid Trump's Tariff Threats

Honda Motor Co., Ltd. is considering moving car production from Mexico and Canada to the US due to Trump's 25% tariff on non-US-made cars, aiming for 90% local manufacturing for US...

Honda Considers Shifting Production to US Amid Trump's Tariff Threats on Non-US Made Cars

Honda Motor Co., Ltd. is considering moving car production from Mexico and Canada to the US in response to President Trump's 25% tariff on non-US made cars, aiming to meet 90% of U...

Fed's Waller Highlights Trade Policy Uncertainties and Inflation Concerns in St. Louis Speech

Federal Reserve's Christopher Waller discusses the uncertainties of trade policies and tariffs, their impact on financial markets, and potential inflation spikes in a speech to fin...

Adapting to Global Shifts: How India Inc Navigates Changing Trade Policies and Tariffs

Sanjay Nayar of Assocham discusses the impact of US tariffs on India's exports, emphasizing the need for businesses to adapt to changing trade policies and enhance competitiveness ...

Spain Announces Immediate Relief and Strategic Revival for Industries Hit by US Tariffs

Spanish Prime Minister Pedro Sanchez is set to announce a safety net and relaunch strategy for sectors impacted by US tariffs, as part of Spain's response to the new American trade...

Fitch Warns: US Tariffs Create Uneven Playing Field for Global Carmakers

Fitch Ratings reports that US tariffs on auto imports have a negative and uneven impact on global carmakers, leading to potential price hikes and demand pressure, with some brands ...

Global Uncertainties and Trade Policies: Navigating the Risks to Next Year's Economic Growth

Geopolitical tensions and trade policy uncertainties are posing significant risks to global economic growth next year, with India's economy expected to grow by 6.5% in 2024-25 amid...

April Marks the Dawn of Significant Tariffs: A New Era in Trade Policies

The White House has announced the implementation of significant tariffs starting April, as part of President Trump's strategy to address unfair trade practices. Key announcements o...

Bank of England Expected to Maintain Interest Rates at 4.5% Amid Economic Uncertainty

The Bank of England is expected to maintain interest rates at 4.5% amidst economic uncertainty and fluctuating inflation. Recent data shows UK inflation rose to 3% in January, with...

BoJ Governor Ueda Warns: US Tariffs Could Shake Business and Household Confidence

Bank of Japan Governor Kazuo Ueda warns that US tariffs could impact business confidence and households, with uncertain short-term economic effects. The BoJ is closely monitoring t...

US Commerce Secretary Advocates for Auto Tariffs as a Fair Trade Measure

US Commerce Secretary Howard Lutnick discusses the importance of auto tariffs for protecting domestic manufacturing and sustaining economic growth. With tariffs on EU imports set t...

Gold Hits Historic $3,000 Milestone Amid Global Uncertainties

Gold prices have reached a historic high, surpassing $3,000 for the first time, driven by geopolitical concerns and trade policy uncertainties. Other precious metals also saw varie...

OPEC Stays Optimistic: Global Economic Growth to Remain Steady at 3.1% Through 2025

OPEC maintains its global economic growth forecast for 2025 and 2026 at 3.1% and 3.2%, respectively, with stable projections for the US, Eurozone, and China. The organization empha...

Wall Street Plunges: Dow Drops Over 1,000 Points Amid Recession Fears

Wall Street faced a significant downturn as the Dow Jones dropped over 1,000 points, driven by recession fears linked to President Trump's trade policies. The Nasdaq 100 and S&P 50...

Dow Dives Over 300 Points in Premarket Amid Trump's Trade Comments

U.S. equities experienced a downturn in premarket trading after President Trump criticized Canada's trade policies and hinted at further measures, leading to significant drops in t...

Asian Markets Dip Following Wall Street's Decline Amid Trade Policy Concerns

Asian stock markets mostly declined following Wall Street's lower close, amid concerns over U.S. trade policies. Major indexes in Japan, Hong Kong, South Korea, and Australia saw l...

Atlanta Fed President Bostic Weighs In: Will Tariffs Lead to Lasting Inflation?

Atlanta Fed President Raphael Bostic discusses the uncertain impact of tariffs on lasting inflation, noting higher costs and price increases but questioning sustained inflation. Cl...

Trade and Tariff Concerns Drag US Markets Lower, Investors on Edge

Wall Street closed lower as trade and tariff concerns weigh on investor sentiment, with major indices experiencing significant drops. The market awaits financial results from Broad...

Trump Announces New 10% Tariff on China, Effective March 4 Amid Opioid Crisis

President Donald Trump has announced a new 10% tariff on China, effective March 4, as part of efforts to combat the opioid crisis. This move, alongside existing tariffs on Mexico a...

Bank of Japan Governor Ueda Raises Alarms Over US Tariffs' Global Impact

Bank of Japan Governor Kazuo Ueda voices concerns over US tariffs' unpredictability and their global economic impact, highlighting the need for close monitoring of trade policies a...

Global Oil Prices Surge Amidst New US Tariff Announcement on Steel and Aluminum

Crude oil prices surged over 1% following the US announcement of new tariffs on steel and aluminum imports, prompting warnings of countermeasures from global leaders and immediate ...

Trump's Tariff Announcement Sends Bitcoin and Ethereum on a Downward Spiral

President Donald Trump's recent tariff announcements have led to a significant downturn in the cryptocurrency market, with Bitcoin and Ethereum experiencing sharp declines. This ar...

Mexico Strikes Back: Implements Tariff and Non-Tariff Measures Against US Trade Policies

Mexico responds to US tariffs with its own set of measures, rejecting US allegations and implementing strategic economic actions to protect its interests. President Sheinbaum criti...

Mexico Strikes Back: Strategic Tariff Measures Against US Trade Policies

Mexico announces retaliatory tariff and non-tariff measures against US trade policies, defending its national interests and sovereignty. President Sheinbaum rejects US allegations ...

US Initiates Comprehensive Review of the US-China Trade Agreement Compliance

The United States has begun a compliance review of the US-China trade deal, aiming to ensure adherence to the agreement's terms. This review could significantly impact global trade...

Gold Prices Surge to an 11-Week High Amid Global Market Uncertainties

Gold prices have reached an 11-week high, with a slight increase in the price of gold rings to VND87.8 million per tael. Globally, gold prices dipped slightly as the dollar strengt...

Gold Surges Over 1% to Two-Month High Amid Trump's Trade Policy Concerns

Gold prices surged over 1% to a two-month high following Donald Trump's swearing-in, amid concerns over his trade policies. The dollar weakened as investors sought safer investment...