Keywords: U.s. 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%......
China’s trade surplus has exceeded one trillion dollars for the first time, demonstrating the country’s resilience in global commerce despite continuous tariff pressure from the United States. According to data released by the General Administration of Customs, the surplus reached 1.08 trillion......
German carmaker BMW announced Wednesday that its net profit more than tripled in the third quarter, driven by strong global deliveries that held up in the United States despite higher import tariffs. Between July and September, the Munich-based group reported a net profit of €1.7 billion, a 256.5%......
ExxonMobil is considering selling its chemical plants in the United Kingdom and Belgium as part of a broader strategic shift, reflecting growing challenges for the European chemical industry. According to a report by the Financial Times on September 3, the American energy giant has initiated preliminary......
China's export sector saw renewed momentum in June as businesses accelerated shipments ahead of a major U.S. tariff deadline set for August. The spike in activity comes amid growing uncertainty over whether Washington and Beijing can establish a lasting trade agreement. According to Chinese customs......
The United States has proactively approached China regarding discussions over President Donald Trump's significant 145% tariffs, according to a recent post from a social media account linked to Chinese state media. This development may indicate Beijing's willingness to consider negotiations. The......
In recent discussions regarding trade relations between Catalonia and the United States, a significant portion of Catalan economists has expressed their preference for diplomacy and negotiation over retaliatory tariffs. According to a recent survey conducted by the College of Economists of Catalonia......
Vietnam is taking significant steps to address U.S. concerns over Chinese goods transshipped through its territory, in a bid to avoid harsh tariffs. In response to U.S. scrutiny, including from trade advisor Peter Navarro, the Southeast Asian nation is tightening controls on both Chinese goods shipped......
The Spanish government has assessed the impact of the new 20% tariff imposed by the United States on all imports from the European Union. According to the Ministry of Economy, Trade, and Industry, the new trade tariffs will affect 80% of the Spanish products sold in the U.S. In monetary terms, this translates......
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