The U.S. and Pakistan have reached an agreement that includes reduced tariffs for Pakistan and a partnership in which the U.S. will assist in developing the country’s oil reserves, officials from both sides announced.
U.S. Commerce Secretary Howard Lutnick confirmed that South Korea’s reciprocal and auto tariff rate will be set at 15%, averting a steeper 25% levy ahead of the 1 August deadline.
U.S. President Donald Trump will meet with South Korea’s trade delegation in Washington as Seoul races to negotiate a deal before 1 August’s 25 % tariffs on exports, according to South Korean officials.
President Donald Trump announced on Wednesday that the United States will impose a 25% tariff on imports from India starting August 1, along with an additional, unspecified penalty.
The U.S. State Department has intensified its months-long campaign against the European Union’s Digital Services Act (DSA), drawing sharp reactions from European officials just days before a crucial trade deadline between the two sides.
U.S. President Donald Trump on Tuesday warned Russia to halt its war in Ukraine within 10 days, or face sweeping penalties including tariffs and sanctions.
President Donald Trump announced on Monday that countries without separate trade agreements with the United States could soon face tariffs ranging from 15% to 20%, a sharp increase from the general 10% rate imposed in April.
U.S. President Trump and European Union’s von der Leyen moved closer to a trade deal Sunday that may impose a 15% tariff on most EU goods, averting steeper U.S. levies.
Shares have surged in the automobile industry after the U.S. agreed a deal to lower tariffs this week with Japan, triggering a sharp rally in Japanese equity markets. It's after President Donald Trump and Japan's lead negotiator Ryosei Akazawa made the agreement on Tuesday (22 July).
U.S. President Donald Trump has announced a new trade deal with Japan on Tuesday, calling it one of the largest agreements ever made.
U.S. Treasury Secretary Scott Bessent said on Tuesday that he plans to meet with his Chinese counterpart next week to discuss a likely extension of the 12 August tariff hike deadline.
Major U.S. companies are adjusting fast, but few are escaping the cost. President Donald Trump is preparing to impose sweeping new tariffs by 1 August, pushing the U.S. toward a trade regime unseen since the 1940s.
U.S. President Donald Trump may meet Chinese leader Xi Jinping in South Korea or China this autumn, with talks expected around the late October APEC summit as both sides seek progress on ending their tariff dispute.
Indonesia has reached a trade agreement with the United States that lowers proposed U.S. tariffs on Indonesian exports from 32% to 19%, following direct negotiations between Presidents Prabowo Subianto and Donald Trump. The deal, which includes major purchase commitments, is seen as a strategic win.
U.S. consumer prices rose at their fastest pace in five months in June, signaling the early impact of tariffs on inflation. However, subdued demand and falling service prices may keep the Federal Reserve cautious about rate changes.
The European Union (EU) is preparing to impose additional retaliatory tariffs on goods imported from the United States amid an ongoing customs dispute. The measures, covering products worth €72 billion, are set to take effect if talks with Washington fail to yield a resolution.
President Donald Trump has announced plans to impose a 30% tariff on imports from Mexico and the European Union starting August 1, following failed trade negotiations with both major U.S. partners.
The U.S. unexpectedly recorded a $27 billion budget surplus in June, reversing last year’s deficit. This improvement reflects stronger customs collections and significant cuts in education spending amid ongoing fiscal challenges.
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
U.S. Secretary of State Marco Rubio met Chinese Foreign Minister Wang Yi in Malaysia, calling the talks 'positive and constructive' despite growing tensions over new U.S. tariffs on Asian economies.
U.S. Secretary of State Marco Rubio is scheduled to hold his first face-to-face meeting with Chinese Foreign Minister Wang Yi in Kuala Lumpur on Friday, according to the State Department. The meeting will take place during Rubio’s inaugural visit to Asia since assuming office.
U.S. President Donald Trump announced on Thursday that the United States will impose a 35% tariff on Canadian imports starting 1 August, increasing the previous rate of 25%. He also revealed plans to introduce blanket tariffs of 15% to 20% on most other trade partners.
U.S. Secretary of State Marco Rubio will meet Southeast Asian foreign ministers on Thursday during his first trip to Asia since taking office, aiming to reassure the region of Washington’s commitment despite President Donald Trump's sweeping new tariffs targeting many of its economies.
The Philippines plans to negotiate with the United States to reduce newly imposed 20% tariffs on its exports, following a directive by President Donald Trump.
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