17:00

Indonesia tariffs

Indonesia secures lower U.S. tariffs in trade deal after direct talks with Trump

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.

22:30

U.S. inflation

U.S. inflation rises in June as tariffs begin to bite

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.

07:20

EU Tariffs

EU prepares new list of tariffs on U.S. goods

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.

14:00

Tariffs

Trump intensifies trade war with threat of 30% tariffs on EU, Mexico

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.

06:00

U.S. budget

U.S. posts $27 billion budget surplus in June amid rising customs revenue

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.

00:00

World News

Trump slaps 35% tariff on Canadian imports, escalating trade tensions

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.

16:55

U.S.- China

Rubio calls China talks constructive despite U.S. tariff backlash in Asia

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.

10:00

U.S.- China

Rubio to meet China's Wang Yi in Malaysia amid trade tension

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.

07:00

Tariffs on Canada

Trump puts 35% tariff on Canada, eyes 15%-20% tariffs for others

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.

08:30

Rubio in Asia

Rubio makes first visit to Asia as Trump's tariffs loom

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.

08:00

Philippines- U.S.

Philippines plans to negotiate with U.S. to lower tariffs, envoy to Washington says

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.

02:55

Trump' tariffs

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.

01:40

Trump's tariffs

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.

21:30

Economy

Trump announces 25% tariffs on Japanese and South Korean goods

US President Donald Trump has declared a 25% tariff on imports from Japan and South Korea starting August 1, urging both nations to shift production to the US and warning of further tariff hikes if retaliatory measures are taken.

02:49

Higher tariffs

U.S. to implement higher tariffs starting 1 August, Commerce Secretary says

The U.S. will begin applying increased tariff rates from 1 August, according to Commerce Secretary Howard Lutnick.

00:40

World News

South Korea seeks trade deal with U.S. as tariff pause nears end

South Korea’s top trade envoy Yeo Han-koo began a visit to Washington on Friday, aiming to secure a new trade framework with the United States before a 90-day pause on U.S. reciprocal tariffs expires.

00:56

Beijing-U.S.

Beijing on U.S.-Vietnam Deal: 'Don’t Harm Third Parties'

China has stated that trade agreements between the US and other countries should not be designed to target or negatively impact third nations. The comment follows a new trade deal announced between the United States and Vietnam earlier this week.

18:00

Germany trade

German Chancellor urges quick tariff resolution with U.S. to protect key industries

German Chancellor Friedrich Merz called on the European Union to resolve its tariff dispute with the United States swiftly to safeguard critical industries such as cars, steel, and pharmaceuticals.

13:00

Tariff revision

Trump announces 20% tariff on Vietnamese exports in scaled-back trade move

U.S. President Donald Trump has announced a reduced 20% tariff on many Vietnamese exports, down from a previously planned 46%, in what he described as a new trade framework with Hanoi.

09:00

Tariffs

Tariffs drive up prices of China-made goods on Amazon, outpacing U.S. inflation

Prices for goods made in China and sold on Amazon.com are rising at a pace faster than overall inflation, signalling the growing impact of U.S. tariffs on consumers, a new analysis by retail analytics firm DataWeave reveals.

14:00

Asian factories

Asian factories struggle under U.S. tariff cloud despite signs of modest recovery

Factory activity across much of Asia remained subdued in June as the uncertainty surrounding U.S. trade policy weighed heavily on manufacturing sentiment, even as some economies reported slight improvements in output.

10:00

Canada digital

Canada scraps digital services tax after U.S. backlash, revives trade talks

Canada has scrapped its digital services tax targeting U.S. technology firms just hours before it was set to take effect, in a move aimed at reviving stalled trade negotiations with the United States.

23:10

US-Canada

Trump cuts off trade talks with Canada, threatens new tariffs next week

U.S. President Donald Trump has abruptly ended trade negotiations with Canada, citing Ottawa’s plan to implement a digital tax targeting major tech firms.

21:00

World News

US-China resolve rare earth mineral export dispute, progress in trade talks

The United States and China have resolved disputes over rare earth mineral and magnet shipments, overcoming a key hurdle that had delayed a trade agreement reached in May.