SK Hynix reports customers advancing orders ahead of potential U.S. tariffs
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.
U.S. auto industry braces for 25% tariffs as Michigan faces major economic impact
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 €1 billion loss from US-EU tariff dispute
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.
Trump criticizes European Union over trade, vows reciprocal tariffs
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.
Mexican President Sheinbaum holds rally after U.S. postpones tariffs
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 urges U.S. to consult China before Fentanyl tariffs
Beijing advises the U.S. to engage with China before imposing new tariffs related to the fentanyl issue.
Trump orders new tariff probe into US lumber imports
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.
Canadian premiers urge U.S. Congress to block Trump’s steel and aluminum tariffs
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 will find a way to avoid US tariffs, minister says
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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