Former President Trump unveiled a bold new strategy: securing magnets and rare earth minerals from China while simultaneously slapping tariffs on Chinese goods at a staggering 55%. This move signals a daring and complex shift in the US trade policy and supply chain approach
The UK has just scored a major victory, narrowly escaping Donald Trump’s proposed 50% tariffs on imported metals. This much-needed relief gives British industries a vital breathing space, securing steady steel and aluminum supplies despite escalating trade tensions
The Trump administration has chosen to postpone the implementation of a 25% tariff on Chinese-made graphics cards. This strategic decision aims to ease supply chain pressures amid soaring demand for semiconductor components
Former President Donald Trump has accused China of breaking their trade agreement and announced a bold plan to double tariffs on steel and aluminum imports, intensifying the trade war between these two economic powerhouses
Former President Donald Trump claims that China has “totally violated” the tariff pause agreement, accusing Beijing of breaking its trade commitments. This bold accusation intensifies the already heated US-China trade negotiations, Axios reports
Japan is gearing up to discuss U.S. defense equipment purchases in the upcoming tariff negotiations, aiming to strengthen bilateral trade ties while tackling key strategic security issues, sources reveal
CNBC’s “Inside India” newsletter delves into the intriguing dynamics of the Make-in-India initiative. It reveals that although U.S. tariffs on China could open doors for India, a host of structural challenges and fierce competition from other countries might stand in the way of assured success.
BYD’s bold vision for expansion in Brazil is hitting some serious roadblocks, as local car manufacturers rally for higher tariffs on imported electric vehicles. These rising trade tensions could put a damper on BYD’s growth ambitions in the fiercely competitive Brazilian market.
Exciting news from Argentina! The country is set to scrap import tariffs on essential consumer electronics like cell phones, televisions, and air conditioners. This bold move is designed to spark competition and bring down prices for consumers, all while navigating through ongoing economic hurdles.
Australian beef exports are experiencing a remarkable surge, particularly in China and the United States, as they take advantage of ongoing trade tensions. This impressive growth highlights a savvy shift by Australian producers who are actively exploring new markets in response to global trade uncertainties.
The Trump administration is actively advocating for lower tariffs and concessions on rare earth minerals in its ongoing trade talks with China. These strategic moves are designed to not only stabilize the economy but also tackle pressing supply chain issues that are impacting U.S. industries.
Nissan has revealed a major cutback in the production of its popular Rogue model for the US market, attributing this decision to the rising tariffs on imported vehicles. This shift highlights the hurdles that automakers are navigating in an ever-changing landscape of trade policies
The S. Korea–Japan Economic Cooperation Forum convened in Tokyo amid escalating tariff pressures from the Trump administration. Leaders from both nations sought to strengthen ties and address economic challenges, emphasizing collaboration to navigate a turbulent trade landscape.
A recent analysis by CNBC reveals that producing a “Made in the USA” iPhone could raise its price significantly. Estimates suggest costs could jump by over $200 per device, reflecting higher labor and manufacturing expenses domestically.
In a recent decision, the Biden administration announced that phones and computers will be exempt from the proposed 125% tariffs on Chinese imports initially suggested by former President Trump. This move aims to alleviate pressure on consumers and tech companies.
Germany’s Chancellor Olaf Scholz has announced the EU’s readiness to respond to potential U.S. trade tariffs, emphasizing the bloc’s commitment to uphold fair trade practices. The statement signals a unified approach to address transatlantic trade tensions.
The United States Trade Representative’s reciprocal tariff calculations play a crucial role in shaping international trade relations. By assessing tariffs imposed by trading partners, the U.S. aims to foster fair competition and protect domestic industries.
Leaders from Canada and Mexico convened to strategize their response to recent trade actions by the U.S. The discussions focused on strengthening economic ties and formulating a united front to address ongoing trade disputes and tariffs.
India is reportedly considering a significant reduction in tariffs on over half of its imports from the U.S. This move aims to bolster its export competitiveness amid ongoing trade tensions and is seen as a strategic effort to enhance bilateral economic ties.
In a recent interview, trade lawyer Mark Warner emphasized the urgent need for Canada to bolster its furniture industry. He cautioned that without strategic support and innovative solutions, the sector risks significant decline amid rising global competition.
