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Keywords: Tariffs


EU pledges strong response to US tariffs on steel and aluminum

The European Union has vowed to take firm action in response to the new US tariffs on steel and aluminum. Ursula von der Leyen, President of the European Commission, declared on Tuesday that these measures "will not go unanswered," emphasizing that the 27-member bloc will implement robust countermeasures......

Trump announces tariffs in escalating trade conflict

U.S. President Donald Trump has unveiled plans to impose a 25% tariff on all steel and aluminum imports, alongside retaliatory tariffs aimed at countries that impose tariffs on American goods. Trump confirmed on Sunday that he would formally announce the steel and aluminum tariffs the next day, with......

Trump’s first meeting with Japan’s prime minister amid tensions with China

U.S. President Donald Trump is scheduled to meet Japan's Prime Minister Shigeru Ishiba for the first time this Friday. This meeting comes as both countries, concerned about China's growing influence, seek to strengthen their business and security relationships. The U.S.-China trade conflict,......

The impact of the US-China trade war on Europe: ECB's perspective

The European Central Bank (ECB) may further lower interest rates as inflation continues to moderate, according to board member Piero Cipollone. He also warned that escalating trade tensions between the United States and China could negatively affect the 20-member eurozone economy. Since June, the ECB......

Suspension of Parcel Shipments from China and Hong Kong Amid Trade Tensions

The US Postal Service has halted the reception of parcels from China and Hong Kong indefinitely, a move that has sparked accusations of "unreasonable suppression" from Beijing, escalating the ongoing trade conflict between the two nations. This suspension coincides with President Donald Trump’s......

Trump delays tariffs on Canada and Mexico, but not on China

President Donald Trump has decided to delay the imposition of 25% tariffs on Canada and Mexico for 30 days, averting a potential trade conflict between the North American neighbors. After urgent discussions, Canadian Prime Minister Justin Trudeau agreed to bolster border security with the U.S. to curb......

Canada’s growing sense of betrayal amid U.S. trade tensions

In the wake of U.S. President Donald Trump’s trade war declarations and threats to annex Canada as the 51st state, Canadians are grappling with a profound sense of betrayal. Long known for their enduring and friendly alliance, shaped by shared geography, history, and interests, relations between......

China’s strategic economic measures: Impact and trade relations with the U.S

China has recently introduced a series of economic measures aimed at counteracting U.S. tariffs, notably a 10% tax on various Chinese imports. This includes tariffs on coal, liquefied natural gas, crude oil, agricultural machinery, and large cars. These duties will be effective starting February 10,......

A Diplomatic Standoff: Petro's Confrontation with Trump and Its Impact on Colombia

On January 26, 2025, a late-night social media post by Colombian President Gustavo Petro triggered a diplomatic dispute with the United States, exacerbating tensions over the treatment of Colombian migrants being deported. Petro criticized the U.S. for its handling of deportations, particularly after......

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