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.
Vietnam's recent tariff agreement with the US has sent ripples through the global market. While initially promising, concerns over transshipment definitions could reshape trade dynamics, especially with China.
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.
In a last-minute maneuver, President Trump claims a groundbreaking trade agreement with Vietnam, featuring steep tariffs on exports and promises of total market access. Is this a game-changer for US-Vietnam trade relations?
In a surprising turn, President Trump has halted trade negotiations with Canada, labeling their new digital tax as a 'blatant attack' on the U.S. This decision threatens economic ties and raises questions about future tariffs.
European stock markets opened higher as optimism grows over U.S.-China trade talks and a ceasefire between Iran and Israel, while the dollar hits a three-year low. Traders are betting on potential U.S. rate cuts.
Nike announces that President Trump's tariffs may increase its costs by $1 billion this year, prompting the company to shift production away from China. Amidst fluctuating trade policies, what does this mean for sneaker prices?
The auto industry is bracing for a severe shortage of rare earth elements, reminiscent of the pandemic-era chip crisis. With China controlling supply, manufacturers face potential shutdowns and soaring prices.
The UK dodges a significant increase in steel and aluminium tariffs imposed by President Trump, maintaining the current rate of 25% while negotiations continue for a future trade agreement. Is this a win for British businesses?
President Trump's ambitious trade deal strategy is hitting serious obstacles as tariffs and legal challenges create uncertainty. With just over a month left in his tariff pause, tensions with trading partners rise.
