Keywords: Tariffs
British Steel, a key player in the UK’s steel industry, recently confirmed that it would close its blast furnaces and steelmaking operations due to ongoing market challenges, tariffs, and rising environmental costs associated with high-carbon steel production. In an official statement, the company......
China has dismissed former U.S. President Donald Trump's proposal to ease tariffs if Beijing approves a deal involving TikTok. Trump recently stated that four groups were in negotiations to acquire the platform, which faces an uncertain future in the United States. Under a U.S. law enacted due to......
Morocco is currently maneuvering through a landscape marked by diplomatic and trade challenges, amidst a backdrop of global economic uncertainty. The year 2025 unfolds with apprehensions regarding international trade, particularly as the U.S. administration under President Trump signals potential tariffs......
Morocco is now caught in the midst of escalating global trade tensions, reflecting a complex geopolitical landscape. The European Commission has recently imposed significant compensatory duties on aluminum wheel exports from Morocco, a move interpreted by experts as a strategic signal aimed primarily......
Canada's economy is poised to enter a recession this summer due to tariffs imposed by the United States, according to a recent report from the Desjardins financial services group. Economists at Desjardins warned that the cumulative impact of these tariffs could trigger a recession as early as the......
The US Federal Reserve decided to maintain its interest rates on Wednesday, signaling caution amid ongoing economic uncertainty driven by President Donald Trump’s unpredictable tariff policies. The central bank kept its key lending rate steady between 4.25% and 4.50%. Along with this decision,......
The Spanish agricultural industry is anxiously awaiting the potential re-imposition of tariffs on olive oil by the Trump administration. This industry, particularly in Madridejos, Toledo, supports over 60 families and has been a pillar of the local economy for generations. Olive groves stretch across......
Chinese President Xi Jinping has turned down an invitation to attend a summit in Brussels commemorating the 50th anniversary of EU-China diplomatic relations, according to the Financial Times. Instead, Premier Li Qiang will represent China, meeting with the heads of the European Council and Commission.......
The United States has implemented new tariffs on steel and aluminum imports, further intensifying the global trade war initiated by President Donald Trump. As of Wednesday, all metal imports are now subject to a 25% tariff with no exemptions, and the duty on aluminum has increased from 10%. The expiration......
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