Keywords: Tariffs
US President Donald Trump has unveiled plans to significantly increase tariffs on imports from the European Union and on products from tech giant Apple. In a post on Truth Social, Trump announced a recommendation for a 50% tariff on goods from the EU, set to take effect on June 1. He expressed dissatisfaction......
The European Parliament has approved new tariffs on fertiliser and certain agricultural products imported from Russia and Belarus, despite concerns from European farmers about potential price increases. The bill passed with a vote of 411 to 100 and will introduce duties starting in July, gradually increasing......
Taiwan’s President Lai Ching-te marked one year in office by emphasizing the island’s desire for peace and dialogue with China, while stressing the importance of strengthening its defenses. Despite repeated calls for talks, China, which labels Lai a "separatist," has refused engagement......
China has announced the imposition of anti-dumping tariffs as high as 75% on plastic imports from the United States, the European Union, Taiwan, and Japan. This decision follows the conclusion of a government investigation into unfair pricing practices, according to a statement from China's Ministry......
Finance leaders from the G7 nations will convene this week in Banff, Alberta, aiming to project unity on issues that go beyond U.S. President Donald Trump's recent tariff hikes. Their agenda includes economic security, support for Ukraine, collaboration on artificial intelligence, and backing for......
The global cost of major gaming consoles such as Sony’s PlayStation 5 and Microsoft’s Xbox Series X has surged by tens of dollars, a rare trend that bucks the typical pattern of tech products becoming cheaper over time. Analysts attribute this rise to U.S. tariffs imposed under former President......
A recent agreement between the United States and China to pause tariffs has shifted the dynamics for manufacturing hubs such as Mexico and Vietnam. These countries now face pressure to negotiate favorable trade deals with the U.S. to continue benefiting from the "China-plus-one" strategy used......
U.S. President Donald Trump has arrived in Saudi Arabia, marking the beginning of his Middle East diplomatic tour. Air Force One was notably escorted by military aircraft upon arrival, emphasizing the significance of the visit. As part of his broader regional engagement, Trump has expressed openness......
On Monday, the United States and China announced a breakthrough agreement aimed at easing tensions from their prolonged trade war, which has affected the global economy and financial markets. Following discussions with Chinese representatives in Geneva, US Treasury Secretary Scott Bessent revealed that......
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