tariffs News

EU Postpones Retaliatory Tariffs on US Goods for Six Months Amid Trade Deal Implementation

The EU has announced a six-month suspension of retaliatory tariffs on US goods, following a trade deal agreement with the United States. This move aims to ease trade tensions and f...

Trump Announces Significant Tariff Increases on Indian Imports Amidst Ukraine Conflict Concerns

US President Donald Trump announces a significant increase in tariffs on Indian imports, citing concerns over India's oil trade with Russia and its stance on the Ukraine conflict. ...

Unraveling the Political Tensions Behind the India-US Trade Stalemate: A Deep Dive

The article explores the political reasons behind the current India-US trade stalemate, including Trump's tariff impositions, the US's crypto ambitions, and India's BRICS partnersh...

Wall Street Futures Show Resilience: A Bounce Back After Friday's Job Data Shock

Wall Street futures rebound after a selloff triggered by weak job numbers, with investors still concerned about tariffs and inflation. Earnings season continues with reports from B...

India's Growing Dependence on Russian Oil: A Thorn in the Side for Trump Administration

India's significant increase in Russian oil imports has drawn criticism from the Trump administration, leading to threats of tariffs and penalties. Despite this, India asserts its ...

Fed's Kashkari Emphasizes Data-Driven Policy Amid Political Uncertainties

Federal Reserve Bank of Minneapolis President Neel Kashkari discusses the Fed's data-driven approach amid political changes, emphasizing the importance of reliable economic data ov...

Fitch Ratings Predicts Tough Times Ahead for EU Carmakers Amid Tariff Hikes and Chinese Competition

Fitch Ratings warns of weaker profits for EU carmakers in 2025 due to rising tariffs and Chinese competition. High-end brands like Porsche and Audi face significant challenges, wit...

Stock Markets Tumble as July Jobs Report Falls Short and Tariff Talks Heat Up

U.S. stock markets opened lower after a disappointing July jobs report showed only 73,000 nonfarm payrolls added, below expectations. Investor caution was further fueled by tariff ...

Wall Street Braces for Impact as Tariffs and Jobs Report Stir Economic Uncertainty

Wall Street futures fell as President Trump's new tariffs and upcoming economic reports fuel economic uncertainty. Key indicators and market performances highlight a cautious outlo...

Asia-Pacific Markets Dip as Manufacturing Data and New Tariffs Stir Investor Concerns

Major stock indexes in the Asia-Pacific region traded lower as investors reacted to the latest manufacturing sector reports and new U.S. tariffs. Japan's Nikkei 225 and Australia's...

Wall Street Reacts: Dow Drops 330 Points Amid Tariff Delays and Pharma Price Cuts

Wall Street faces a downturn as the Dow drops 330 points following Trump's tariff delay on Mexico and calls for lower pharmaceutical prices. Tech and healthcare stocks also decline...

China Halts US Investment Approvals Amid Rising Trade Tensions: What's Next?

China has suspended approvals for corporate investments into the US amid escalating trade tensions, following tariff hikes by the US. Chinese investments in the US have significant...

Understanding the Impact: Donald Trump's 25% Tariff on Indian Goods and Its Global Trade Implications

US President Donald Trump has imposed a 25% tariff on Indian goods, citing trade deficits and India's purchases from Russia. This move affects key Indian exports and could reshape ...

Stock Market Plummets: Nifty50 and BSE Sensex Dive as Trump Slaps 25% Tariffs on India

Indian stock markets opened sharply lower after US President Trump announced 25% tariffs on Indian exports, with Nifty50 and BSE Sensex both falling significantly. Experts warn of ...

Ford Motor Company Surges Ahead: Q2 Revenue Climbs 5% to $50.2 Billion Amid Challenges

Ford Motor Company announced a 5% increase in Q2 revenue to $50.2 billion, despite a net loss of $36 million. The company anticipates a full-year adjusted EBIT of $6.5 billion to $...

Trump's Trade War Escalates: India Faces 25% Tariff Amid Global Economic Tensions

US President Donald Trump's trade war escalates as India faces a 25% tariff, marking a significant moment in global economic tensions. The article outlines the evolution of Trump's...

Adidas Faces a Sharp 10% Drop in Shares Amid Rising Tariff Costs

Adidas AG shares plummeted 10% after warning of up to €200 million in increased costs due to tariffs, despite a rise in Q2 earnings. The stock's decline reflects growing investor c...

Exporters in Limbo: The Uncertain Future of US-India Trade Relations Amid Tariff Tensions

Exporters face uncertainty as US tariffs on Indian goods loom without a deal, impacting orders across sectors like apparel, gem & jewellery, and agrochemicals. Hope remains for a l...

Trump Hints at 20-25% Tariff on India as Trade Deal Remains Unfinalized Before Deadline

US President Donald Trump has not finalized a trade deal with India, hinting at 20-25% tariffs ahead of the August 1 deadline. Negotiations continue, with India preparing for poten...

ECB's Makhlouf Warns: US-EU Trade Deal Could Slow Down Economic Growth Amid Tariffs

ECB's Gabriel Makhlouf warns that the US-EU trade deal, featuring 15% tariffs on EU goods, may slow economic growth by affecting firms and consumers, though it could reduce global ...

IMF Optimistically Adjusts Global Growth Forecast to 3% for 2025, Signaling Economic Recovery

The IMF has raised its global growth forecast for 2025 to 3%, up from 2.8%, with adjustments for 2026 and country-specific growth rates, amid expectations of changing tariff impact...

Asia-Pacific Markets React to US-China Trade Talks and Potential Tariffs

Asia-Pacific markets showed mixed responses as US-China trade talks began in Stockholm, with South Korea proposing a deal to avoid US tariffs. Japan's Nikkei fell, while South Kore...

Chancellor Merz Warns: Germany's Economy Faces Heavy Blow from New EU-US Trade Deal

German Chancellor Friedrich Merz warns that the new EU-US trade deal will significantly harm Germany's export economy due to asymmetric tariffs, with 15% duties on German exports a...

Thailand and US Set to Revive Trade Negotiations Amid Tariff Dispute

Thailand's acting Prime Minister announces the resumption of trade talks with the US, amid disputes over tariffs, following a ceasefire agreement with Cambodia.

US Stock Markets Rally Following Historic US-EU Trade Deal Announcement

Following the announcement of a new US-EU trade deal, US stock markets opened higher, with the Nasdaq 100 and S&P 500 seeing gains. The deal includes a 15% tariff on most EU goods,...

Gold Prices Tumble Over 1% Following Historic US-EU Trade Deal Announcement

Gold prices fell over 1% after the US and EU announced a new trade deal, with investors also reacting to Trump's comments on potential UK tariffs. Other precious metals showed mixe...

US-EU Trade Deal Sparks Wall Street Rally: Futures Climb as Tariffs Set at 15%

Wall Street futures rose following a US-EU trade deal, setting a 15% tariff on EU goods including cars and semiconductors. The market reacted positively, with gains in major indice...

EU and US Forge Crucial Trade Deal: A New Dawn for Automotive Industry Amid Tariffs

The European Automobile Manufacturers’ Association (ACEA) applauds the new US-EU trade deal as a step towards easing tensions but warns of the negative impact of continued 15% tari...

Asian Markets Show Mixed Reactions Following Historic US-EU Trade Agreement Announcement

Asia-Pacific markets reacted variably to the US-EU trade deal announcement, with a 15% tariff on EU imports. Key indices showed mixed results, from gains in Hong Kong to losses in ...

Dutch Prime Minister Emphasizes the Vital Role of US-EU Trade Agreement for Global Economy

Dutch Prime Minister Dick Schoof calls the US-EU trade agreement vital for an open economy, appreciating the European Commission's efforts for businesses and consumers, while advoc...

Trump Reveals Strategy: Countries Like Japan Can Lower Tariffs Through Significant U.S. Investments

President Trump suggests countries can lower U.S. tariffs by investing heavily in the U.S., using Japan's $550 billion 'signing bonus' as an example. He details the negotiation pro...

Wall Street Rallies: Dow Jumps 400 Points as US and EU Edge Closer to Historic Trade Deal

Wall Street markets surged as reports indicated the US and EU are nearing a trade deal that would lower tariffs, with the Dow Jones Industrial Average jumping 411 points.