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Economy



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......

China vows strong resistance as Trump threatens 50 percent tariff

China has firmly declared it will “fight to the end” in response to a new 50 percent tariff proposed by U.S. President Donald Trump, escalating an already intense trade conflict that has shaken global financial markets and triggered fears of an international recession. Despite recent market......

Cryptocurrency market struggles amid trade war concerns

The cryptocurrency market is experiencing significant downturns, following the global stock market's drop fueled by a trade war initiated by U.S. President Donald Trump. Major cryptocurrencies are mirroring the declines seen in European, Asian, and American stock indices. Bitcoin has hit its lowest......

Catalonia to Mobilize €1.5 Billion to Counteract Trump’s Tariffs

The Catalan government is set to allocate €1.5 billion to mitigate the effects of tariffs imposed by U.S. President Donald Trump. This package, confirmed by the government and reported by Catalunya Radio, includes grants, loans, investments, advisory services, and various other measures. The initiative......

European stocks hit 16-month low as China responds to Trump’s tariffs

European stock markets took a severe hit at the beginning of trading on Monday, with Frankfurt witnessing a drop of up to 10 percent as a global sell-off worsened following U.S. President Donald Trump's tariffs. The indices fell sharply, with Paris losing over six percent, London nearly six percent,......

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