By the time American shoppers began noticing higher prices on everything from trainers to televisions, the world's two largest economies were already deep in a trade war that left the world wondering how it would end.
U.S. President Donald Trump declared a “golden age” for America in his first second-term State of the Union on Tuesday evening, delivering the longest-ever address at more than 90 minutes. Here are the main takeaways.
China says it's making a "full assessment" of the U.S. Supreme Court's tariff ruling and urged Washington to lift "relevant unilateral tariff measures" on its trading partners, the Chinese commerce ministry said in a statement on Monday (23 February).
U.S. President Donald Trump has warned of tariffs on countries supplying oil to Cuba on Thursday (29 January), as Washington ramps up pressure on the Caribbean nation.
In a move reinforcing the "Fortress America" doctrine that has rattled global markets, the United States plans to reduce personnel within critical NATO command centres.
Global markets are rattled after U.S. President Donald Trump threatened new tariffs on eight European countries over Greenland, sending the euro to a seven-week low and raising concerns about renewed transatlantic trade tensions.
U.S. President Donald Trump delivered a wide-ranging address from the White House in which he sought to highlight what he described as his administration’s achievements while laying the groundwork for his plans for the year ahead and beyond, on Wednesday (18 December).
The United States has announced plans to impose a phased-in tariff on select Nicaraguan goods beginning 1 January, according to a statement from the U.S. Trade Representative (USTR) on Wednesday (10 December).
The United States will reduce import duties on South Korean automobiles to 15%, effective retroactively from 1 November, according to an announcement by U.S. Commerce Secretary Howard Lutnick on Tuesday.
A rare earths agreement between the United States and China will “hopefully” be finalised by Thanksgiving, Treasury Secretary Scott Bessent said in an interview broadcast on Sunday.
The White House said the higher tariffs, ranging from 10% to 41%, will take effect in seven days for 69 countries. Mexico received a 90‑day extension after securing a temporary deal to maintain its existing 25% rate.
China and the US have agreed to extend the pause on 24% reciprocal tariffs after two days of trade talks in Sweden, Chinese trade official Li Chenggang announced Tuesday.
The United States and Japan reached a major trade deal to cut auto tariffs to 15% and unlock $550 billion in Japanese investment, averting new levies ahead of the 1 August deadline set by President Donald Trump
Ethiopia is altering its coffee export strategy after a 10% U.S. tariff disrupted a key revenue source for the country’s economy.
On Monday, Wall Street stocks closed with modest gains as investors largely shrugged off U.S. President Donald Trump’s latest tariff threats, focusing instead on an eventful week ahead with key economic reports and the start of earnings season.
Italy’s foreign minister said the EU is ready to hit back with €21 billion ($24.5 billion) in tariffs unless a deal is struck with the U.S., warning that President Donald Trump’s 1 August tariff move could harm both economies and derail ongoing trade talks.
China’s exports are expected to have grown 5% in June as manufacturers hurried goods abroad ahead of a 12 August deadline that could see the U.S. restore punitive tariffs, a Reuters survey of economists indicates.
U.S. President Donald Trump has threatened a 10% tariff on all BRICS member countries, claiming the bloc was "set up to hurt" the United States by undermining the dollar.
U.S. President Donald Trump on Monday announced that the United States will impose a 25% tariff on goods imported from Kazakhstan, starting on 1st August. The letter addressed to Kazakhstan's President Kassym-Jomart Tokayev was published on the Truth Social platform.
U.S. President Donald Trump has signed an executive order pushing back the implementation date for his proposed “reciprocal” tariffs to 1 August, according to The White House.
With looming US tariff hikes on steel, the UK is pushing for a swift implementation of a trade deal meant to protect £400mn in exports and safeguard industry jobs.
Japan and the U.S. are facing tough trade talks as Tokyo resists quick concessions under tariff pressure from President Trump, preferring a balanced deal over a rushed agreement ahead of elections and amid broader tensions with China.
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