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Keywords: Trade war


Trump's Greenland tariff threats trigger sharp US futures drop

US stock futures plunged sharply on Tuesday as President Donald Trump escalated trade tensions with European NATO allies by threatening new tariffs linked to his push to acquire Greenland. Dow Jones Industrial Average futures tumbled 600 to 750 points, reflecting a drop of 1.3% to 1.5%, while S&P......

Germany warns EU could deploy anti-coercion tools against Trump's tariffs

European leaders have united in response to U.S. President Donald Trump's tariff threats, with Germany's finance minister declaring that a breaking point has been reached. Speaking at a joint press conference in Berlin alongside his French counterpart, Lars Klingbeil emphasized that the European......

EU eyes €93 billion tariffs to counter Trump's Greenland threats

European Union capitals are preparing to slap €93 billion ($108 billion) in retaliatory tariffs on the United States and curb American firms' access to the bloc's market. This bold response targets President Donald Trump's tariff threats against NATO allies resisting his push to buy......

China vows to defend its interests as Trump threatens sanctions over Iran trade

China has stated that it will firmly defend its legitimate interests following remarks by U.S. President Donald Trump threatening new trade sanctions linked to Iran. The announcement comes amid rising tensions surrounding Iran, which is currently facing widespread domestic unrest. Speaking at a regular......

Apple enforces supplier automation to secure contracts

Apple is now mandating its suppliers to adopt robotic automation or risk losing their manufacturing contracts, marking a significant shift from its previous policy of subsidizing factory upgrades. According to a report by DigiTimes Asia, the tech giant has made automation a prerequisite for securing......

US hikes tariffs on Indian imports to 50% over Russian oil purchases

The United States has increased its tariff on Indian imports from 25% to 50%, in a move aimed at punishing New Delhi for its continued purchases of Russian oil. The decision, announced earlier this month by President Donald Trump, reflects Washington’s frustration with Moscow’s refusal to......

US and China extend tariff truce, averting trade escalation

The United States and China have agreed to extend their tariff truce for an additional 90 days, preventing a sharp rise in duties that risked further straining trade relations between the two economic superpowers. US President Donald Trump announced the decision on Monday, revealing an executive order......

European Union prepares trade retaliation in response to U.S. tariff threats

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......

EU and South Korea seek urgent trade deals to avoid Trump’s looming tariffs

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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