US tariffs News

India Strikes Back: Proposes Retaliatory Tariffs on US Goods Amidst Trade Tensions

India proposes retaliatory tariffs on US products in response to American steel and aluminium import duties, affecting $7.6 billion in exports. This move comes amid ongoing bilater...

BoJ's Uchida Warns: US Tariffs Pose Dual Risks to Japan's Economy and Prices

BoJ Deputy Governor Shinichi Uchida discusses the dual risks US tariffs pose to Japan's economy, highlighting potential price increases and slowed growth. He also notes flat inflat...

Asian Markets React Mixed as China's Exports Surge Defying US Tariffs in April

Asia-Pacific markets reacted mixedly to China's April trade data, which showed an 8.1% year-on-year export increase despite US tariffs. Japan's Nikkei 225 rose, while Hong Kong and...

Bank of Canada Highlights Unpredictable US Tariffs as Major Threat to Financial Stability

The Bank of Canada warns that US tariffs pose significant financial risks due to their unpredictability and potential for severe economic consequences, including market volatility ...

BoE Set to Slash Interest Rates to 4.25% as Trade War Fears Loom Over UK Economy

The Bank of England is expected to cut interest rates to 4.25% due to concerns over US tariffs impacting the UK economy. Despite positive GDP and inflation data, global trade tensi...

Gold Prices Surge 2% Amid Fed Policy Anticipation and New Tariff Announcements

Gold prices climbed to a two-week high amid concerns over new US tariffs on pharmaceuticals and anticipation of the Federal Reserve's policy meeting. Other precious metals also saw...

Canada Sees Significant Narrowing in Trade Deficit Amidst Global Economic Shifts in March

Canada's trade deficit narrowed significantly in March to 942 million Canadian dollars from 2.1 billion in February, with exports and imports both experiencing declines. The goods ...

Gold Surges 2% Amid Federal Reserve Speculations and New Tariff Announcements

Gold prices hit a two-week high amid concerns over new US tariffs on pharmaceuticals and anticipation of the Federal Reserve's policy meeting. Precious metals, including silver, pl...

Gold Prices Surge 2% Amid Fed Policy Anticipation and New Tariff Announcements

Gold prices climbed to a two-week high amid concerns over new US tariffs on pharmaceuticals and anticipation of the Federal Reserve's policy meeting. Other precious metals also saw...

Canada's Trade Deficit Shows Significant Improvement in March Amid Global Economic Shifts

Canada's trade deficit narrowed significantly in March to 942 million Canadian dollars from 2.1 billion in February, with exports and imports both seeing declines. The goods trade ...

Chinese Exporters Innovate to Bypass Hefty US Tariffs, Offering Duty-Paid Deals

Chinese exporters are offering innovative solutions like misstating goods' value and covering import charges to help US buyers avoid high tariffs, amidst escalating trade tensions ...

Chinese Exporters Innovate to Bypass Hefty US Tariffs, Offering Creative Solutions to American Businesses

Chinese exporters are offering creative solutions like misstating goods' value and covering import charges to help US buyers avoid tariffs, amidst escalating trade tensions between...

Ford Explores Expansion in US Amid Tariffs, CEO Jim Farley Announces Strategic Moves

Ford Motor Company, under CEO Jim Farley, is considering expanding its manufacturing capacity in the US in response to new tariffs. The company is also focusing on quality control ...

Australian Stock Market Dips Following Albanese's Historic Re-election Victory

Australia's stock market dipped after Prime Minister Anthony Albanese's re-election, emphasizing self-reliance and a non-retaliatory stance on US tariffs. Regional markets were qui...

Global Watch: The Shifting Dynamics of Electronics Imports from China to India and the US

Recent data shows a decline in electronics imports from China to India and the US, amid trade tensions and new tariffs. A committee monitors for surges, while industry opinions on ...

ECB Warns: Rising US Tariffs Threaten Eurozone's Fragile Economic Recovery

The European Central Bank warns that escalating US tariffs and global trade tensions could hinder the eurozone's economic recovery, despite signs of resilience in domestic demand a...

ECB Warns: Rising US Tariffs Threaten Eurozone's Fragile Economic Recovery

The European Central Bank warns that increasing US tariffs and global trade tensions are threatening the eurozone's economic recovery, with potential impacts on investment and cons...

ECB Warns: Rising US Tariffs Threaten Eurozone's Fragile Economic Recovery

The ECB warns that escalating US tariffs and global trade tensions are threatening the eurozone's economic recovery, highlighting risks to investment and consumption amidst fragile...

German Manufacturing Sector Shows Strong Recovery in April, Hits 32-Month High

Germany's manufacturing sector experienced a significant boost in April, reaching a 32-month high with a PMI of 48.4. Growth was driven by export orders, particularly in the invest...

ECB Warns: US Tariffs Threaten Eurozone's Fragile Economic Recovery Amid Global Trade Tensions

The European Central Bank warns that US tariffs and global trade tensions are threatening the eurozone's economic recovery, with potential impacts on investment, consumption, and i...

UK Manufacturing Sector Faces Continued Challenges in April Amid Global Trade Tensions

The UK manufacturing sector showed slight improvement in April but remains under pressure due to global trade tensions and rising input costs, with significant declines in output, ...

April Sees Continued Contraction in UK Manufacturing Amid Global Trade Tensions

The UK manufacturing sector continued to contract in April, with the S&P Global Manufacturing PMI slightly rising to 45.4. Challenges include declining output, new orders, and empl...

GM Adjusts 2025 Earnings Forecast Amid $5 Billion Tariff Impact, CEO Barra Seeks Dialogue

General Motors lowers its 2025 earnings forecast due to a $5 billion exposure from US tariffs, with adjusted EBIT profits expected between $10 billion and $12.5 billion. CEO Mary B...

UK Manufacturing Sector Struggles Amid Global Trade Tensions in April

The UK manufacturing sector showed slight improvement in April with a PMI rise to 45.4, yet faces challenges from declining output, new orders, and a sharp drop in export demand du...

UK Manufacturing Sector Struggles in April Amid Global Trade Tensions and Rising Costs

The UK manufacturing sector showed slight improvement in April with a PMI rise to 45.4 but continues to face challenges like declining output, new orders, and employment. Export de...

GM Cuts 2025 Profit Outlook Amid $5 Billion Tariff Impact, CEO Barra Responds

General Motors lowers its 2025 earnings forecast due to $5 billion in potential costs from US tariffs, with CEO Mary Barra emphasizing adaptability in trade policy discussions.

GM Faces $5B Tariff Shock: Profit Outlook Slashed Amid Trade Policy Uncertainty

General Motors lowers its 2025 earnings forecast due to $5 billion exposure from US tariffs, with EBIT-adjusted profits now expected between $10 billion and $12.5 billion. CEO Mary...

UK Manufacturing Sector Faces Continued Challenges in April Amid Global Trade Tensions

The UK manufacturing sector showed a slight improvement in April with a PMI rise to 45.4, yet faces challenges like declining output, new orders, and employment, exacerbated by glo...

General Motors Faces $5B Tariff Impact, Slashes 2025 Profit Outlook Amid Trade Uncertainties

General Motors lowers its 2025 earnings forecast due to a $5 billion exposure from US tariffs, with EBIT-adjusted profits now expected between $10 billion and $12.5 billion. CEO Ma...

UK Manufacturing Sector Struggles in April Amid Global Trade Tensions

The UK manufacturing sector experienced slight growth in April's PMI but continues to face challenges due to global trade tensions, declining export demand, and potential US tariff...

GM Revises 2025 Earnings Forecast Amid $5 Billion Tariff Impact

General Motors has lowered its 2025 earnings forecast due to up to $5 billion in exposure from US tariffs, with EBIT-adjusted profits now expected between $10 billion and $12.5 bil...

April Sees UK Manufacturing Sector Struggle Amid Global Trade Tensions and Rising Costs

The UK manufacturing sector showed a slight improvement in April's PMI but continues to struggle with declining output, new orders, and employment. Export demand has sharply fallen...