US and UK announce agreement to reduce tariffs
The United States and Britain are set to announce a trade agreement aimed at reducing tariffs on key goods, signaling progress in bilateral trade discussions.
The United States and Britain are set to announce a trade agreement aimed at reducing tariffs on key goods, signaling progress in bilateral trade discussions.
The European Commission has proposed potential countermeasures on up to €95 billion worth of US goods should ongoing trade negotiations with Washington fail to resolve current tariff disputes.
The US trade deficit reached a record $140.5 billion (€123.6 billion) in March, driven by a surge in imports, particularly pharmaceuticals, as businesses stockpiled to offset potential tariff impacts.
Malaysia’s parliament held a special session on Monday to discuss the impact of tariffs imposed by the United States, as the government considers potential economic repercussions and policy responses.
The Philippines faces the lightest blow from Washington’s new tariff regime—just 17 % on average and with a third of its exports exempt—positioning Manila to lure trade and investment diverted from harder-hit neighbours, a Philippine Institute for Development Studies report says.
The Trump administration is considering reducing tariffs on Chinese imports, aiming to ease tensions with Beijing as trade negotiations continue, a source familiar with the matter said on Wednesday.
Cambodia welcomed Chinese President Xi Jinping for a state visit, as the two countries explored opportunities for expanded cooperation against the backdrop of shifting global trade conditions.
U.S. President Donald Trump to meet Japanese officials over tariffs and defense cost negotiations.
Hongkong Post will suspend the shipment of small parcels to the United States after Washington announced steep new tariffs, ending a long-standing customs exemption for low-value goods.
Top European pharmaceutical companies have warned European Commission President Ursula von der Leyen that looming U.S. tariffs could accelerate an industry-wide shift from Europe to the United States unless swift regulatory reforms are enacted.
The European Commission is engaging with industries to address U.S. tariffs, focusing on countermeasures to protect European businesses from price hikes and economic uncertainty.
Samsung says its TV business will be less affected by new U.S. tariffs, as most North American units are made in Mexico—shielded from recent trade levies. The company plans to adapt global output to navigate ongoing tariff shifts.
NATO Secretary General Mark Rutte stated on Friday that the sweeping new tariffs announced by US President Donald Trump do not breach the alliance’s treaties, including the provision encouraging economic collaboration among member nations.
South Korean chipmaker SK Hynix said Thursday that some customers have accelerated orders in anticipation of potential U.S. tariffs on semiconductors, contributing to improved market conditions. However, the company cautioned that it remains unclear whether this trend will persist.
The U.S. auto industry is preparing for the impact of new trade policies, including 25 percent tariffs, set to take effect in April after a 30-day delay.
BMW expects a €1 billion loss for 2025 due to the US-EU tariff dispute, including a 25% duty on certain vehicles and tariffs on its China-made electric cars. The company hopes not all tariffs will remain for the full year.
U.S. President Donald Trump has blasted the European Union for unfair trade practices, pledging to impose "reciprocal tariffs" on European goods. His remarks come amid growing tensions following the enforcement of new tariffs on steel and aluminum imports.
In a massive show of support, Mexican President Claudia Sheinbaum spoke to a huge crowd in Mexico City’s Zócalo square on Sunday. It's after the U.S. postponed its plan to impose 25% tariffs on Mexican goods.
Beijing advises the U.S. to engage with China before imposing new tariffs related to the fentanyl issue.
U.S. President Donald Trump signed an executive order on Saturday directing a new national security investigation into imported lumber under Section 232 of the Trade Expansion Act of 1962.
Thirteen Canadian premiers visited Washington, D.C. on February 12 to meet with U.S. lawmakers, seeking to prevent President Trump’s tariffs on steel and aluminum imports, which threaten industries reliant on these materials.
Mexico pledges to resolve U.S. tariff threats, highlighting trade resilience, crackdown on contraband, and efforts to expand partnerships, including UAE investments in semiconductors and renewable energy.
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