US tariffs
Canada to ease U.S. tariffs in push for new trade deal
On Friday, Canada is set to announce the removal of numerous retaliatory tariffs on American goods as a goodwill gesture to re-energise trade talks with Washington, a source told reporters.
U.S. and China extend tariff truce for 90 days
The U.S. and China have extended their tariff truce for 90 days, avoiding triple-digit duties on each other’s goods and easing market concerns as Washington and Beijing continue talks on a broader trade agreement.
Russia slams U.S. over India oil threats, calls pressure illegal
Russia on Tuesday accused the United States of applying illegal pressure on India over its Russian oil imports, after U.S. President Donald Trump threatened new tariffs unless New Delhi halts purchases.
Lesotho says lowered U.S. tariffs still threaten textile industry
Lesotho’s government warned that a new 15% U.S. tariff on its textile exports, though reduced from a proposed 50%, could still cripple its economy. Officials say the cut is not enough to protect jobs in the garment industry, which depends heavily on duty-free access to the U.S. market.
Swiss watch industry hit by new U.S. tariffs
Swiss luxury watch stocks fell sharply on Monday after the U.S. imposed a 39% import tariff, raising fears of a sharp sales decline in their biggest market.
Trump warns of harsh tariffs as Canada backs Palestinian statehood
Tensions between the U.S. and Canada are escalating after President Donald Trump linked trade talks to Ottawa’s recognition of Palestinian statehood, threatening steep new tariffs if no deal is reached by 1 August.
Donald Trump to host Keir Starmer at his golf resort in Scotland
UK-US relationship will be on the agenda of wide-ranging talks today between Prime Minister Keir Starmer and President Donald Trump in Scotland.
U.S. and China begin talks in Stockholm to avert new wave of tariffs
U.S. and Chinese officials are holding talks in Stockholm on Monday to extend a truce in their trade war, aiming to avert a tariff surge and lay groundwork for a possible Trump-Xi summit.
Volkswagen cuts 2025 forecast after U.S. tariffs slash €1.3 bn from earnings
Volkswagen cut its 2025 forecast after U.S. tariffs slashed €1.3 billion from profits, but strong EV demand and European sales offer signs of recovery.
Volkswagen cuts 2025 forecast after U.S. tariffs slash €1.3bn from earnings
Volkswagen cut its 2025 forecast after U.S. tariffs slashed €1.3 billion from profits, but strong EV demand and European sales offer signs of recovery.
Canada warns U.S. trade deal may need tariffs
Canadian Prime Minister Mark Carney says it’s unlikely his government can strike a tariff-free trade deal with the U.S.
EU targets Boeing, bourbon for potential tariffs on U.S. goods
The European Commission is preparing retaliatory tariffs on €72 billion ($84.1 billion) worth of U.S. goods—ranging from Boeing aircraft and cars to bourbon whiskey—should ongoing trade negotiations with Washington fail.
Mexican president confident in U.S. deal despite 30% tariff threat
Mexican President Claudia Sheinbaum has expressed confidence that an agreement with the United States can be reached before the threatened 30% tariff comes into effect, despite recent tensions.
Japan urges fair trade as U.S. plans new tariffs
As Washington prepares to impose new tariffs, Japan has voiced concern over global trade tensions, urging stronger support for multilateral economic systems during ASEAN talks in Kuala Lumpur.
Kazakhstan calls for 'fair and predictable' trade with U.S. in letter to Trump
President of Kazakhstan Kassym-Jomart Tokayev has sent a reply letter to President Donald Trump concerning tariffs imposed on Kazakh exports to the United States, Akorda press service announced.
Trump announces 50% tariff on Brazil
President Donald Trump has announced a 50% tariff on products from Brazil, set to take effect next month.
Trump: African countries that lower tariffs, unlikely to face U.S. duties
U.S. President Donald Trump said that several African nations are set to reduce tariffs and are not expected to face U.S. trade measures.
Oil rises on Red Sea attacks, copper tariff concerns, lower US production
Oil prices climbed on Wednesday, maintaining their highest levels since 23 June, lifted by recent attacks on shipping in the Red Sea, along with concerns over steep U.S. tariffs on copper and a forecast for lower U.S. oil production.
Trump announces 50% copper tariff, warns 200% on drug imports coming ‘soon’
U.S. President Donald Trump said on Tuesday he is imposing a 50% tariff on all copper imports, marking the latest in a series of sweeping trade measures during his second term.
Trump to impose 25% tariff on goods from Kazakhstan
U.S. President Donald Trump on Monday announced that the United States will impose a 25% tariff on goods imported from Kazakhstan, starting on 1st August. The letter addressed to Kazakhstan's President Kassym-Jomart Tokayev was published on the Truth Social platform.
Trump signs executive order extending tariff deadline to 1 August
U.S. President Donald Trump has signed an executive order pushing back the implementation date for his proposed “reciprocal” tariffs to 1 August, according to The White House.
Trump expands tariff push with letters to 12 more countries
U.S. President Donald Trump has released a new round of tariff letters targeting 12 countries, warning of sharp trade penalties set to take effect from 1 August.
US to make several trade announcements in next 48 hours, Treasury secretary says
The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said on Monday, ahead of a U.S. deadline on Wednesday to finalize trade pacts.
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