Under the proposed agreement, imports from South Korea would be subject to a 15% tariff while U.S.-originating goods would be exempt from duties. The U.S. has struck a “Full and Complete Trade Deal” with South Korea, President Donald Trump said … Read More
The 27-nation bloc averts a 30% tariff that would have taken effect Aug. 1. President Donald Trump unveiled a trade agreement with the European Union on Sunday, making it the latest in a series of accords as the White House … Read More
WASHINGTON — President Trump announced Monday the US will send “billions of dollars” worth of weapons to Ukraine via Washington’s NATO allies — and threatened to impose “secondary tariffs” on Moscow’s business partners in 50 days if no peace is agreed to end the 40-month-old war. The weapons will … Read More
WASHINGTON (Reuters) -U.S. President Donald Trump on Friday abruptly cut off trade talks with Canada over its tax targeting U.S. technology firms, calling it a “blatant attack” and saying that he would set a new tariff rate on Canadian goods … Read More
President Trump has several tools at his disposal that he can use to impose tariffs despite a court ruling that ordered the reversal of his hefty “Liberation Day” taxes, two major Wall Street banks said on Thursday. The US Court … Read More
Walmart will have to start raising prices later this month due to the high cost of tariffs, executives said on Thursday, even as the retailing giant’s U.S. comparable sales surpassed expectations in the first quarter. Shares of the Bentonville, Arkansas-based … Read More
The US has agreed to reduce import taxes on a set number of British cars and allow some steel and aluminium into the country tariff-free, as part of a new agreement between the US and UK. The announcement offers relief … Read More
Senior US and Chinese officials will meet in Switzerland this week to restart stalled trade talks after President Donald Trump’s tariff rollout, both countries said. The discussions mark the first public engagement to ease trade tensions since Trump’s January return … Read More
BEIJING/WASHINGTON, May 1 (Reuters) – The United States has approached China seeking talks over President Donald Trump’s 145% tariffs, a social media account affiliated with Chinese state media said on Thursday, potentially signalling Beijing’s openness to negotiations. “The U.S. has … Read More
Greetings friends, Big news this week includes the Canadian election. Mark Carney will remain Prime Minister as the liberal party retains power, albeit with a minority government. Carney, formerly central bank chair for both Canada and the UK, benefited from … Read More