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
Browsing: trade policy
Brazil is boldly rethinking its approach in the wake of recent U.S. tariffs impacting key exports. Officials in BrasÃlia are actively exploring fresh trade strategies during ongoing negotiations, committed to protecting Brazilian industries and ensuring uninterrupted access to global markets
This week in Mexico: trade talks with Brazil are heating up, new tariffs on Chinese imports have taken effect, and political tensions are soaring with fiery televised attacks as elections draw near. These pivotal events promise to reshape Mexico’s economic and political future
India has unveiled a bold new strategy to tackle the economic hurdles created by Trump’s 50% tariffs on key exports. This dynamic plan aims to boost trade partnerships and empower domestic industries, fueling long-term growth and resilience
Japan Post has paused certain US-bound mail services following the US decision to end duty exemptions. This shift affects parcels that previously sailed through without import fees, disrupting the flow of cross-border shipping between Japan and the United States
Canadian online sellers are gearing up for the end of duty-free shipping to the U.S., confronting higher costs and potential declines in sales. This marks a significant turning point in cross-border e-commerce, CBC reports
Brazil has launched new antidumping measures on polyethylene imports to protect its domestic producers. This decisive move is set to disrupt global supply chains and may spark notable price changes in international markets
Former President Trump has unleashed a powerful 50% tariff on Indian goods, hitting back at India’s continued purchase of Russian oil despite worldwide sanctions. This daring move escalates the trade battle between the two nations to a whole new level
The steel union warns that removing counter-tariffs at this moment would be a risky gamble, especially amid rising fears that President Trump is weakening CUSMA. They stress that these protective measures are crucial to safeguarding the North American steel industry
Brazil eagerly looked to the U.S. for support in developing rare earth mining to meet soaring demand for these vital materials. However, escalating tariff tensions have cast a shadow over this partnership, slowing progress in strengthening supply chains essential for cutting-edge technologies
The US has officially informed India that new tariffs, originating from former President Trump’s trade penalties, will take effect starting tomorrow. This move directly impacts key Indian exports and intensifies the already heated trade tensions between the two countries
Canadian banks have posted impressive earnings, deftly sidestepping the toughest blows from tariff challenges, Reuters reports. Strong consumer spending and well-diversified portfolios were crucial in cushioning the impact
India will continue to secure oil from the most competitive suppliers, stressed the Indian envoy, who strongly criticized US tariffs as “unfair” and “unjustified.” This powerful declaration underscores India’s steadfast determination to meet its energy demands despite escalating global tensions
Canada has announced it will lift most retaliatory tariffs on U.S. goods, marking a significant breakthrough in easing trade tensions between the two neighbors. This move follows encouraging progress in bilateral talks aimed at resolving ongoing disputes, Al Jazeera reports
Former U.S. President Donald Trump has delivered a bold warning of “massive sanctions or tariffs” targeting Russia within the next two weeks, signaling a tough and unwavering stance amid rising tensions, Anadolu Ajansı reports. The specific details of these possible actions remain under wraps for now
Major Japanese automakers are committed to maintaining stable vehicle prices in the U.S., boldly defying tariffs to stay competitive and keep cars affordable for consumers, CNBC reports
External Affairs Minister S. Jaishankar vehemently condemned the U.S. tariffs, affirming that India remains resolute in safeguarding its farmers’ rights. He emphasized the nation’s steadfast dedication to protecting the agricultural sector amid rising trade tensions
Trump’s tariff war sent shockwaves through global trade, compelling India and China to reconsider their age-old rivalry. Recent diplomatic talks show these two Asian giants are now seeking new ways to deepen cooperation and join forces against growing economic challenges
Several advocacy groups are urging the U.S. Trade Representative (USTR) to take bold and immediate action against Brazil’s concerning trade practices. They warn that these unfair tactics are seriously harming American industries and insist on a swift, strong response
U.S.-UK trade relations are heating up as both nations eagerly explore fresh opportunities in the post-Brexit landscape. Congress.gov offers an inside look at the intense negotiations, tariff battles, and regulatory challenges driving the evolution of this crucial alliance