China cut benchmark lending rates for the first time since October on Tuesday, while major state banks lowered deposit rates as authorities work to ease monetary policy to help buffer the economy from the impact of the Sino-U.S. trade war.
Finance leaders from the Group of Seven democracies will strive for a show of unity when they meet this week on topics other than U.S. President Donald Trump's tariffs, including economic security, Ukraine and artificial intelligence cooperation.
The Asia-Pacific Economic Cooperation (APEC) trade ministers’ meeting in South Korea took on new urgency as countries sought dialogue with the United States before a 90-day suspension on tariffs ends in July.
High tariffs are expected to remain a core feature of Donald Trump's trade policy even after new trade agreements are reached, according to several current and former advisers who spoke with Reuters.
India has proposed a steep reduction in average tariffs on U.S. goods - from nearly 13% to under 4% - in a strategic move to secure exemption from current and future tariff hikes under President Donald Trump, according to Indian officials familiar with the talks.
President Donald Trump and U.K. Prime Minister Keir Starmer have reached a trade agreement that lowers U.S. tariffs on British autos, steel, and aluminum, while maintaining a 10% baseline tariff on other goods and boosting American exports of beef and ethanol.
President Trump and UK Prime Minister Keir Starmer unveiled a limited trade deal Thursday that keeps 10% tariffs on British exports but lowers U.S. duties on UK cars and cuts average UK tariffs on U.S. goods to 1.8%, calling it a “historic” step forward.
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.
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