Trump to double steel, aluminum tariffs to 50pc
US president Donald Trump said Friday that he would double steel and aluminum import tariffs to 50 per cent from next week, the latest salvo in his trade wars aimed at protecting domestic industries...
Tags : tariff
Trump tariffs stay in place for now
US President Donald Trump celebrated a temporary legal win as a court preserved his aggressive tariffs.
US trade court blocks Trump’s tariffs
A US federal court blocked most of President Donald Trump’s sweeping tariffs from going into effect, boosting markets on Thursday even as the White House appealed against the decision by ‘unelected judges.’
Collateral damage and Trump’s tariff
BY THE time Washington and Beijing released their latest joint statement on May 12 — ostensibly pressing pause on a spiralling tariff war — much of the world exhaled in cautious relief. But beneath the performative diplomacy and sterile communiqués, a quieter suffering has gone largely unheard. For the world’s most vulnerable economies, the damage is neither...
Macron gives Vietnamese students a lesson in ‘impulsive’ superpowers
Between jabs at Donald Trump’s US trade tariffs and criticism of Beijing’s assertiveness in the South China Sea, French president Emmanuel Macron warned Vietnamese students Tuesday that ‘on the impulse of a superpower, everything can change’...
Trump delays EU tariffs until July 9
US president Donald Trump said on Sunday that he would pause his threatened 50-per cent tariffs on the European Union until July 9, after a ‘very nice call’ with European Commision president Ursula von der Leyen...
Japan says US tariff talks to ‘accelerate’
The United States and Japan agreed in their latest tariff negotiations to ‘accelerate’ efforts towards an agreement, Tokyo said Monday...
German minister urges ‘serious talks’ with US on tariffs
German finance minister Lars Klingbeil on Sunday urged ‘serious negotiations’ with the United States after President Donald Trump threatened to bring in 50-percent tariffs on imports from the European Union...
Private sector urges diplomatic action to settle US tariff issue
The country’s private sector urged the government on Saturday for immediate diplomatic response to settle tariff issues with the United States...
Walmart warns of higher prices due to tariffs
Walmart on Thursday reported another solid quarter behind sales gains in the United States, but warned of higher prices and continued uncertainty over president Donald Trump’s tariffs...
India plans new import duties on US products to counter Trump’s tariffs
India is considering imposing import duties on some US products to counter President Donald Trump's tariffs on steel and aluminium, it said in a document submitted to the World Trade Organization.
Honda forecasts 70pc net profit drop
Japan’s Honda Motor on Tuesday forecast a 70 per cent drop in net profit for the 2025-26 financial year as US trade tariffs weigh on the global auto industry...
Unemployment in UK highest since 2021
Britain’s unemployment rate has reached the highest level since August 2021, official data showed Tuesday, with businesses facing a UK tax hike and US tariffs...
Nissan posts $4.5b annual net loss
Japan’s Nissan posted an annual net loss of $4.5 billion on Tuesday while saying it plans to cut 15 per cent of its global workforce and warning about the possible impact of US tariffs...
US, China agree to slash tariffs
The United States and China announced Monday an agreement to drastically reduce tit-for-tat tariffs for 90 days, de-escalating a trade war that has roiled financial markets and raised fears of a global economic downturn...
US seeks reciprocal tariff plan from Bangladesh
The United States Trade Representative (USTR) has asked Bangladesh to submit a written set of offers demonstrating its commitment to reducing tariffs on American goods...
Trump hints cutting China tariffs to 80pc
US president Donald Trump signaled on Friday that he could lower sky-high tariffs on Chinese imports, as the rival superpowers prepare for trade talks in Switzerland over the weekend.
Trump unveils UK trade deal, first since tariff blitz
US president Donald Trump and British prime minister Keir Starmer unveiled a ‘historic’ trade agreement Thursday, Trump’s first deal with any country since he unleashed a blitz of sweeping global tariffs.
EU to hit US goods worth 100b euros with tariffs
The EU is preparing to hit US goods worth nearly 100 billion euros ($113 billion) with tariffs in retaliation for president Donald Trump’s sweeping levies if talks fail, European diplomats told AFP Wednesday...
UK, India strike trade deal amid US tariff blitz
The UK on Tuesday agreed a free trade agreement with India, its biggest such deal since leaving the European Union, after negotiations relaunched in February following US tariff threats...
Australians vote amid concerns over Trump tariffs, living costs
Australians began voting Saturday in a bitterly contested general election, deciding a contest shaped by living costs, climate anxiety and US President Donald Trump's tariffs.
Tokyo’s tariff envoy says US talks ‘constructive’
Tokyo’s envoy for US tariff talks in Washington said Thursday that the second round of negotiations between the two countries had been ‘frank and constructive.’
Bangladesh may seek extension of US tariff pause: Salehuddin
Finance affairs adviser Salehuddin Ahmed said on Wednesday Bangladesh would engage in negotiations with the United States over retaliatory tariffs, emphasising that efforts would be made to avoid any actions that could escalate tensions...
US economy contracts in Jan-Mar
The US economy unexpectedly contracted in the first three months of this year, according to fresh data published Wednesday, due largely to a surge in imports ahead of the introduction of sweeping tariffs by president Donald Trump...
Samsung Electronics posts 22pc jump in Q1 net profit
South Korean tech giant Samsung Electronics reported a better-than-expected 21.7 per cent rise in first-quarter net profit on Wednesday as consumers rushed to buy smartphones under the looming threat of US tariffs...
Volvo Cars launches $1.9b cost-cutting plan
Sweden’s Volvo Cars announced Tuesday a plan to cut costs by 18 billion kronor ($1.9 billion), including through job cuts, as its profits fall and the auto sector navigates US tariffs...
Trump trade war pushes firms to consider stockpiling
Stockpiling is the reflex response by firms to the imposition of tariffs, but with the rapidly-changing position of the Trump administration, companies are finding that it is not so straightforward this time around...
Japan PM goes to Vietnam, the Philippines to talk tariffs
Japanese prime minister Shigeru Ishiba left Sunday for a four-day trip to Vietnam and the Philippines, as Tokyo seeks to shore up regional ties after Donald Trump’s tariff onslaught...
South Korea proposes ‘July package’
South Korea has proposed a ‘package deal’ to Washington to avoid Donald Trump’s steep tariffs, its finance minister said Friday, which US Treasury Secretary Scott Bessent said could bring a trade ‘understanding’ by next week.
US TARIFFS ON BANGLADESH: A call to action
THE United States has introduced a 37 per cent reciprocal tariff on Bangladeshi exports as part of a broader trade policy shift, significantly affecting the country’s apparel industry, which accounts for 80 per cent of Bangladesh’s export revenue.
