In a bold move, Canada will impose a 25% tariff on US-made vehicles in retaliation against Trump's import taxes. This decision targets non-compliant vehicles under the USMCA, impacting the automotive sector significantly.
In a surprising turn, Indian drugmakers' shares jumped 5% following the U.S. exempting pharmaceuticals from new tariffs. This decision could significantly boost India's pharma exports, which reached $9 billion last year.
As the U.S. imposes hefty tariffs, EU's Ursula von der Leyen warns of dire global consequences and prepares countermeasures. Could this spark a new trade war?
A recent survey indicates that a significant majority of Western Europeans support retaliatory tariffs against the US if Trump imposes new import duties. This could escalate into a trade war affecting major sectors like automotive and luxury goods.
President Trump's new 25% tariffs on automobiles have triggered fierce backlash from Germany, prompting calls for a strong EU response. As tensions rise, what does this mean for global trade?
US tariffs on copper imports may be implemented within weeks, much earlier than anticipated. President Trump's directive to the Commerce Department could reshape the copper market significantly.
Asian stocks fell sharply as investors reacted to escalating geopolitical tensions and impending US tariffs. With central banks holding rates steady, the market faces rising volatility and uncertainty about economic growth.
Tensions rise as the EU prepares to impose tariffs worth €26 billion on U.S. goods, including a shocking 200% on champagne, while awaiting Trump's next move. Will negotiations save the day?
The EUR/USD currency pair has fallen to near 1.0830 as ECB President Lagarde warns that US tariffs could hinder Eurozone growth. Meanwhile, the Fed maintains interest rates, impacting the dollar's strength.
President Trump has issued a stark warning of a 200% tariff on European alcoholic beverages in response to the EU's countermeasures against US tariffs. This tit-for-tat could escalate the ongoing trade war, impacting both American and European industries.
