As the deadline looms for U.S.-EU trade negotiations, uncertainty reigns. With tariffs set to hit EU goods and retaliatory measures on the horizon, can both sides reach an agreement before it's too late?
The retail industry is relieved about the new 20% tariff on Vietnamese imports but fears it may still hurt consumer spending. Executives are concerned about the impact of price hikes on their businesses and customers.
President Trump reveals a new trade deal with Vietnam, imposing significant tariffs while promising U.S. market access. What does this mean for American businesses and consumers?
US President Donald Trump has threatened Japan with a potential 30-35% tariff if a trade deal isn't reached by next week. With rising tensions and a looming deadline, what could this mean for both economies?
China's exports growth fell short of expectations in May, primarily due to a steep drop in shipments to the U.S. Despite a trade truce, tensions remain high as both nations prepare for renewed negotiations.
In a surprising twist, American car buyers paid slightly less for new vehicles in May, despite the introduction of new tariffs on imported cars and parts. This minor price dip raises questions about demand and spending habits in the auto market.
In a controversial move, the US has doubled tariffs on foreign steel and aluminum imports to 50%, aiming to bolster local industries despite backlash from key trading partners like Canada and Mexico.
The U.S. manufacturing sector contracted for the third straight month in May, raising concerns among industry leaders. New orders, production, and employment continue to decline, while prices for raw materials are on the rise, creating a challenging environment for manufacturers.
America's largest bank CEO criticizes Trump's approach to China, claiming the nation is resilient against U.S. pressure. As trade tensions rise, experts warn of a deteriorating deal and a significant trade deficit.
The EU has condemned President Trump's decision to double tariffs on steel imports, warning it could worsen trade tensions and hurt consumers. With countermeasures on the table, the stakes are rising in this ongoing trade war.
