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Economy



Trump Plans New Tariffs on Semiconductors amid Trade Policy Shift

In a significant shift in trade policy, U.S. President Donald Trump announced on Sunday that new tariff rates on imported semiconductor chips will be revealed in the coming week. While some flexibility may be granted to certain companies, the announcement signals that previous exemptions for smartphones......

Trump Spares Smartphones, Computers, Other Electronics from China Tariffs

The U.S. administration under President Donald Trump has granted tariff exemptions on a range of electronics imported mainly from China, including smartphones, computers, and other devices. This move is seen as a significant relief for major tech companies like Apple, which rely heavily on imported products. In......

Catalan economists favor negotiation over trade retaliation with the U.S.

In recent discussions regarding trade relations between Catalonia and the United States, a significant portion of Catalan economists has expressed their preference for diplomacy and negotiation over retaliatory tariffs. According to a recent survey conducted by the College of Economists of Catalonia......

Stocks, Dollar Slip, Bonds Pummelled Again as Trade War Roils Markets

Global markets took a hit on Friday as the intensifying trade war between major economies sparked a wave of investor anxiety. Stocks fell sharply, the U.S. dollar weakened, and bond markets suffered their worst week in decades, signaling growing fears of a global recession. The turmoil followed a series......

Vietnam's response to U.S. tariffs: cracking down on China trade

Vietnam is taking significant steps to address U.S. concerns over Chinese goods transshipped through its territory, in a bid to avoid harsh tariffs. In response to U.S. scrutiny, including from trade advisor Peter Navarro, the Southeast Asian nation is tightening controls on both Chinese goods shipped......

Trump delays tariff hikes on most countries, but increases pressure on China

US President Donald Trump temporarily suspended tariff hikes for most countries on Wednesday, acknowledging that such moves had stirred market anxiety. However, he continued his aggressive stance against China by raising tariffs on Chinese goods to 125%, citing a "lack of respect." Despite......

Oil prices plummet to four-year low amid escalating US-China trade tensions

Oil prices have fallen to their lowest levels in four years as escalating trade tensions between the United States and China create alarming fears over the global economy. The latest developments were triggered by Washington's implementation of extensive new tariffs, which have reverberated across......

Vietnam and US to Launch Trade Agreement Talks

Vietnam has announced its intention to begin trade negotiations with the United States, following a series of tariff-related tensions. During the first quarter of the year, the US was Vietnam's top export destination. However, the recent imposition of a 46 percent tariff by President Donald Trump—part......

Spain attracts US scientists with €45 million funding initiative

The Spanish government has unveiled a €45 million initiative aimed at enticing US-based researchers disillusioned by the Trump administration to relocate their work to Spain. Amidst rising discontent within the American scientific community, approximately 2,000 researchers recently signed an open......

China raises retaliatory tariffs to 84%, expresses 'grave concern' to WTO

In a significant escalation of the global trade conflict, the United States has imposed severe tariffs on goods from multiple countries, including China. These measures, spearheaded by President Donald Trump, are seen as a direct challenge to the global trading system, and their impact is reverberating......

Trump tariffs kick in, spurring more market carnage

U.S. President Donald Trump’s sweeping tariffs on imports from dozens of countries officially took effect on Wednesday, triggering a sharp escalation in global trade tensions. Among the most significant were 104% duties on Chinese goods, a move that intensified market instability and accelerated......

Global trade upended as Trump's tariffs of 104% on China, 20% on EU take effect

Global trade dynamics took a sharp turn as former U.S. President Donald Trump implemented sweeping tariffs on a range of international imports. The new duties, which took effect Wednesday, include an unprecedented 104% tariff on Chinese products and a 20% levy on goods from the European Union, signaling......

Spain's response to U.S. tariffs on EU imports

The Spanish government has assessed the impact of the new 20% tariff imposed by the United States on all imports from the European Union. According to the Ministry of Economy, Trade, and Industry, the new trade tariffs will affect 80% of the Spanish products sold in the U.S. In monetary terms, this translates......

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