Keywords: Tariffs
New tariffs reshape international trade dynamics US President Donald Trump has implemented sweeping tariffs on imports from over 90 countries, sparking diplomatic tensions and economic anxiety worldwide. The tariffs aim to address what the administration views as a skewed global trade system. On his......
India’s ongoing purchase of Russian oil has been described as a “point of irritation” by US Secretary of State Marco Rubio, who highlighted its impact on the strategic partnership between New Delhi and Washington. Speaking in an interview with Fox Radio, Rubio acknowledged India’s......
Canadian Prime Minister Mark Carney expressed his disappointment on Friday regarding the recent decision by the United States to impose a 35% tariff on Canadian products not covered under existing trade agreements. Speaking from Ottawa, Carney stated that Washington’s move is “disappointing,”......
The United States and the European Union have reached a trade agreement aimed at avoiding severe tariffs on European goods. While the deal has been praised for preventing a transatlantic trade war, it has also drawn sharp criticism from some European leaders and industries. Key terms of the agreement The......
Spanish Prime Minister Pedro Sánchez announced on Monday his conditional support for the recently concluded European Union trade deal with the United States, though he admitted doing so “without any enthusiasm.” The agreement, brokered on Sunday by US President Donald Trump and European......
The impact of tariffs imposed by former President Donald Trump is now being felt by American consumers, as they face a second consecutive rise in consumer prices, according to the latest index released today. The Consumer Price Index (CPI), which tracks inflation, rose by 2.7% year-over-year in June,......
U.S. consumer prices saw a notable increase in June, likely marking the beginning of a long-anticipated rise in inflation, driven by new tariffs. This uptick has kept the Federal Reserve cautious about making further interest rate cuts. The Consumer Price Index (CPI) rose by 0.3% in June after......
The European Commission proposed on Monday possible retaliatory measures worth up to 72 billion euros, should the United States impose 30% tariffs on imports from the European Union. The announcement came after a meeting of EU trade ministers in Brussels. “We prioritize negotiation, but we are......
The European Union and South Korea are scrambling to reach trade agreements with U.S. President Donald Trump before the August 1 deadline, as Washington threatens to impose a 30% tariff on most imports from the EU and Mexico, with similar warnings extended to countries like Japan and South Korea. White......
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