In a surprising announcement, President Trump declared a 19% tariff on imports from Indonesia while American goods will face no tariffs. This trade deal follows discussions with Indonesian President Prabowo Subianto, raising questions about the implications for U.S. imports and inflation.
In a strong reaction to President Trump's announcement of 30% tariffs on the EU, trade ministers vow to unite against the move. Discover how the EU plans to respond and what it means for global trade.
The US has enacted a 17% tariff on most tomatoes imported from Mexico, citing unfair trade practices. This decision is set to impact supermarket prices and the availability of popular tomato-based products.
In a bold response to Trump's threat of imposing a 50% tariff on Brazilian goods, President Lula declares Brazil's sovereignty and readiness to retaliate. This escalating trade conflict could reshape US-Brazil relations amidst political tensions.
This week marks a critical point in Trump's tariff policy as he pushes back deadlines and imposes steep taxes on imports. Discover how these changes could impact the economy and international trade relations.
President Trump insists the August 1 tariff deadline is non-negotiable, contradicting his earlier statements. Stocks react as uncertainty looms over trade policies. What does this mean for the economy?
As the Trump administration ramps up pressure on trading partners with looming tariffs deadlines, uncertainty rises for businesses and consumers. Will countries negotiate new deals in time to avoid higher rates?
Donald Trump announces new tariffs set to take effect August 1, creating confusion and uncertainty among trade partners. With letters going out to several countries, the global economy braces for impact.
In a move that could shake markets, Treasury Secretary Scott Bessent announced that steep tariffs will resume on August 1 unless countries negotiate better terms. President Trump is sending letters to trading partners, urging swift action.
The Trump administration asserts that the August deadline for trade negotiations isn't new, hinting at potential flexibility for key partners like India and the EU amid ongoing tariff discussions.