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Keywords: Tariffs


Japan seeks to minimise impact of new US tariffs

Japan is taking steps to mitigate the effects of newly imposed U.S. import tariffs, government officials said on Tuesday. Following the U.S. Supreme Court’s decision to strike down certain tariffs under the International Emergency Economic Powers Act (IEEPA), President Donald Trump applied a 15%......

Trump’s new global tariffs take effect after Supreme Court setback

New global tariffs introduced by U.S. President Donald Trump officially came into force on Tuesday, marking a significant shift in Washington’s trade policy. The measure establishes a baseline 10% duty on a wide range of imported goods, with the president signaling that the rate could increase......

Oil prices slip as diplomacy advances and tariff fight clouds outlook

Oil prices retreated as traders weighed signs of progress in United States–Iran nuclear diplomacy against a fresh layer of uncertainty from President Donald Trump’s new across‑the‑board import tariffs. Brent crude futures slipped to around 71 dollars a barrel and US West Texas Intermediate......

Supreme Court curbs trump's emergency tariff powers in landmark ruling

The U.S. Supreme Court has invalidated most of President Donald Trump’s emergency tariffs, ruling that he exceeded his authority by using the International Emergency Economic Powers Act to impose sweeping duties on imports from dozens of trading partners. In a 6-3 decision in the consolidated cases......

German chancellor Merz deepens China ties and warns US on tariffs

German Chancellor Friedrich Merz said he will pursue strategic partnerships with China during a visit next week, signaling a shift toward closer economic engagement with Beijing as trade tensions with Washington continue to simmer. Speaking to supporters at his Christian Democratic Union’s Ash......

UN experts denounce Trump oil blockade on Cuba as illegal

United Nations human rights experts on Wednesday condemned President Donald Trump’s executive order restricting fuel supplies to Cuba, describing it as a serious breach of international law that risks triggering a severe humanitarian crisis on the island of 9.6 million people. The statement from......

Nissan forecasts $4.2 billion annual loss amid restructuring

Nissan said it expects a net loss of 650 billion yen, or about $4.2 billion, for the fiscal year ending in March as the Japanese automaker grapples with US tariffs and an extensive global restructuring program. The company also reported a 44 percent drop in third quarter operating profit to 17.5 billion......

China lowers anti-subsidy tariffs on European dairy imports

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 profits plunge 57 percent in 2025 amid tariffs and China slowdown

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......

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