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.
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.
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.
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.
The U.S. will begin applying increased tariff rates from 1 August, according to Commerce Secretary Howard Lutnick.
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.
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.
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.
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.
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.
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.
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.
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.
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.
The White House has indicated that President Donald Trump may push back looming tariff deadlines, signalling flexibility in his approach to ongoing trade talks.
Canada warns the U.S. to reach a trade deal by 21 July or face new steel and aluminium tariffs, as PM Carney vows to protect Canadian workers from U.S. measures.
U.S. President Donald Trump is warning that the 25% tariffs on British steel imports may remain unless the UK provides specific assurances about the Indian-owned Tata Steel plant at Port Talbot, amid ongoing trade negotiations following a partial G7 agreement.
U.S. President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent had remained at the G7 summit in Canada to continue discussions, while he returned to Washington to address Middle East developments.
You can download the AnewZ application from Play Store and the App Store.
