Keywords: Tariffs
US President Donald Trump has sharply criticized Spain for refusing to meet Nato's 5% defence spending target, threatening to double tariffs on the country in retaliation. The remarks were made following the Nato summit in the Netherlands, where Trump promised to make Spain pay “twice as much”......
US President Donald Trump has escalated tensions with Spain, threatening to impose double tariffs after Spain’s refusal to commit to spending 5 percent of its GDP on defense. The remarks, made during this week's NATO summit in the Netherlands, have sparked debate over their feasibility and......
KANANASKIS, Alberta — On the sidelines of the G7 Summit in Canada, U.S. President Donald Trump and UK Prime Minister Keir Starmer announced the signing of a new trade agreement aimed at easing certain tariffs between the two nations. The deal marks a step forward in efforts to finalize a comprehensive......
Spain’s central bank has revised its 2025 economic growth forecast downward, citing the impact of US tariffs and the risk of a global economic slowdown. The Bank of Spain now predicts the country’s GDP will grow by 2.4% this year, a reduction from its earlier estimate of 2.7%. The decision......
President Donald Trump announced that a trade agreement with China has been finalized. Under this deal, China will provide magnets and rare earth minerals, while the U.S. will permit Chinese students to enroll in American colleges and universities. Trump highlighted the terms on Truth Social, stating......
Top officials from the United States and China are set to meet in London in a renewed effort to preserve a delicate agreement on tariffs and prevent a full-scale trade war that has unsettled global markets and raised concerns of a worldwide recession. This high-stakes meeting, scheduled for Monday,......
US President Donald Trump has described Chinese President Xi Jinping as a difficult counterpart in trade negotiations, expressing frustration over China’s recent actions that have reignited tensions between the two economic giants. Writing on his Truth Social platform, Trump stated, “I like......
U.S. President Donald Trump has significantly increased tariffs on imported steel and aluminum, raising them to 50%. This move, announced in a presidential order effective from 12:01 a.m. local time on Tuesday, is presented as a measure to protect national security. According to the White House, although......
The 1956 Suez Crisis stands as a historic example of how great powers can miscalculate and damage their global standing. Britain’s failed invasion of Egypt, carried out with France and Israel, was made worse by the mistaken belief that the United States would offer support. Instead, the U.S. used......
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