President Donald Trump has agreed to hold off imposing 25% tariffs on Canada and Mexico for 30 days, pulling the North American neighbours back from the brink of a potentially damaging trade war. After last-minute calls with Trump, Canadian Prime … Read More
Mexico’s President Claudia Sheinbaum claimed Monday that she reached a deal with President Trump to halt the imposition of 25% tariffs for one month in exchange for concessions on the border. Sheinbaum said Mexico agreed to reinforce the US-Mexico border … Read More
Gold prices rose to hit a lifetime high on Thursday, sparked by safe-haven demand due to U.S. tariff threats, while the focus was also on a crucial inflation report for clues on the Federal Reserve’s policy path. Spot gold XAU= was up … Read More
Jan. 22 (UPI) — President Donald Trump on Wednesday threatened Moscow with sanctions and called on President Vladimir Putin to make a deal to end Russia’s war with Ukrainefor the sake of his economy. Trump, who promised on the campaign … Read More
NEW DELHI, Nov 7 (Reuters) – India is open to offering easier market access for U.S. firms if Washington reciprocates under President-elect Donald Trump, who has long called out New Delhi for its high tariffs, sources aware of the matter … Read More
Nov 4 (Reuters) – Some of the biggest Chinese-owned solar factories in Vietnam are cutting production and laying off workers, spurred on by the expansion of U.S. trade tariffs targeting it and three other Southeast Asian countries. Meanwhile, in nearby … Read More
BRUSSELS, Oct 4 (Reuters) – The European Union will press ahead with hefty tariffs on China-made electric vehicles, the EU executive said on Friday, even after the bloc’s largest economy Germany rejected them, exposing a rift over its biggest trade … Read More
BEIJING, June 21 (Reuters) – Beijing warned on Friday that escalating frictions with the European Union over electric vehicle imports could trigger a trade war, as Germany’s economy minister arrived in the Chinese capital with the proposed tariffs high on … Read More
US President Joe Biden is ramping up tariffs on Chinese-made electric cars, solar panels, steel and other goods. The White House said the measures, which include a 100% border tax on electric cars from China, were a response to unfair … Read More
Higher tariffs on Japanese cars, the country’s biggest export to the US, are still being negotiated. US President Donald Trump has been adamant about reducing its trade deficit with other nations, while two-thirds of Japan’s trade surplus with the US … Read More