Keywords: Tariffs
China announced on Thursday that it will reduce anti-subsidy tariffs on certain dairy products imported from the European Union (EU), easing the measures initially imposed in December 2025 in response to European taxes on Chinese electric vehicles. According to the Chinese Ministry of Commerce, the......
Mercedes-Benz Group reported a sharp decline in earnings for 2025, as global tariffs and mounting competition in China weighed heavily on the German luxury carmaker’s performance. The Stuttgart-based manufacturer said its group earnings before interest and taxes fell 57 percent to 5.8 billion......
China signaled on Wednesday that it could open investigations into French wine or impose reciprocal tariffs on European Union goods if France continues to advocate for sweeping trade measures against Chinese products, according to Yuyuan Tantian, a social media account affiliated with state broadcaster......
Honda Motor reported a sharp fall in profits as U.S. import tariffs, weakening demand for electric vehicles, and ongoing semiconductor supply disruptions continued to weigh on performance. The Japanese automaker said net profit for the nine months through December fell 42 percent from a year earlier......
Former U.S. president Donald Trump announced that several South Korean products will now face tariffs of up to 25%, citing delays by the South Korean Parliament in ratifying a bilateral trade agreement. The decision marks a new escalation in trade tensions between Washington and Seoul. In a statement......
Canadian Prime Minister Mark Carney stated Sunday that Canada holds no intention of seeking a free trade deal with China, rebuffing President Donald Trump's threat of 100% tariffs on all Canadian goods if Ottawa inks a broader trade pact with Beijing. "We have no intention of doing so with......
India is set to reduce tariffs on European car imports from 110% to 40% as part of a historic trade agreement with the European Union, sources told Reuters. The move marks the largest opening of India’s automotive market to European manufacturers to date. Under the agreement, which could be signed......
US President Donald Trump has warned that Canada could face tariffs of up to 100% on its exports to the United States if Ottawa moves forward with a trade agreement with China. The threat follows Canada’s announcement of a preliminary commercial understanding with Beijing earlier this month. In......
World leaders, top policymakers and corporate executives convened in Davos, Switzerland, for the 56th annual meeting of the World Economic Forum, held under the banner of promoting dialogue at a moment of deepening geopolitical rifts and economic uncertainty. Over the course of the week, nearly 3,000......
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