A recent report reveals that India-US trade talks have hit a deadlock, as the US insists on the removal of the 25% oil-linked tariffs imposed during the Trump administration. Until this major sticking point is resolved, reaching an agreement remains out of reach
India and the US have reignited in-person trade talks for the first time since former President Trump slapped on 50% tariffs. These high-stakes discussions are focused on breaking down major trade barriers and setting the stage for a powerful economic partnership
Mexican tariffs on Korean-made vehicles are handing Japanese automakers a significant advantage in the region. With lower import duties, Japan’s carmakers can deliver more attractive prices, leaving their Korean competitors struggling to keep up, reports The Japan Times
India is overhauling its complex three-tier popcorn tax system in response to the US tariffs imposed during the Trump administration. Officials believe this bold step will streamline duties and spark a surge in domestic manufacturing growth
A Trump adviser directly linked US tariffs on India to the Russia-Ukraine conflict, boldly calling it “Modi’s war.” This provocative statement highlights the escalating tensions driven by trade battles and geopolitical rivalries, as reported by BBC
Trump’s China tariffs have struck a devastating blow to two major US retailers, pushing them perilously close to bankruptcy. Skyrocketing costs and disrupted supply chains have created intense challenges, highlighting the severe economic fallout from these trade policies
A recent report highlights Canada’s exciting potential as a leading trade winner, showing that U.S. tariffs on Canadian goods are significantly lower than those faced by other global competitors. This edge could turbocharge Canadian exports and ignite strong economic growth
Japan has revised its economic growth forecast downward, citing the ripple effects of US tariffs and a slowdown in domestic spending, Reuters reports. This update underscores the ongoing trade tensions and fading consumer confidence that continue to challenge the economy
Brazilian beef-packers warn that proposed US tariffs could trigger losses soaring as high as $1 billion, threatening exports and jeopardizing vital trade relationships. The industry calls for swift diplomatic intervention to avert major damage
Photos of Brazilian coffee farmers capture the heart and hardship behind their daily grind, as US tariffs loom large over their livelihoods. The Daily Reflector explores the tough realities confronting Brazil’s coffee industry amid rising trade tensions and mounting economic uncertainty
An orange juice importer warns that tariffs imposed by Trump on Brazilian imports could drive U.S. prices up, potentially raising costs for consumers and disrupting the market, Bloomberg reports
China’s factory activity stumbled in May, weighed down by rising US tariffs. This downturn underscores growing hurdles for the manufacturing sector amid ongoing trade tensions, Reuters reports
Australia has voiced strong opposition after former President Trump proposed tariffs on Australian goods. Officials caution that these measures could seriously damage the trusted trade relationship between the two countries
President Trump declared a bold “total reset” in trade negotiations with China, highlighting the “great progress” made in discussions surrounding tariffs. These comments emerge amidst persistent trade tensions, as both nations strive to tackle deep-rooted economic challenges.
Amid the rising trade tensions sparked by Trump-era tariffs, Mark Carney passionately champions a united G7 strategy to combat protectionist measures. His urgent plea for collective action highlights the critical importance of safeguarding free trade and ensuring global economic stability.
Tesla has recently hiked prices on its electric vehicles in Canada, a move prompted by new tariffs that have sparked worries about a possible demand slump. Industry experts are sounding the alarm, suggesting that these rising costs could discourage consumers in an already fierce EV market.
In a significant move, Republican rebels in Congress have voted to challenge President Trump’s controversial tariffs on Canadian goods. This bipartisan effort aims to curtail economic tensions and foster better trade relations with Canada.
Brazil is shifting its focus toward negotiation in response to recent U.S. trade tariffs, officials announced. The move aims to address trade tensions and foster stronger economic ties between the two nations, emphasizing dialogue over confrontation.
As the US-China tariff battle escalates, analysts are increasingly scrutinizing former President Trump’s endgame. With tariffs impacting trade dynamics and consumer prices, the long-term implications for both economies remain uncertain as negotiations continue to stall.
Spain’s Prime Minister embarked on a diplomatic mission to China, aiming to bolster economic ties with the nation recently targeted by former President Trump’s tariffs. This visit underscores Spain’s strategic efforts to enhance trade relations in a shifting global landscape.
