trade war News

U.S. Tariff Rates Hit 91-Year Peak, Sparking Fears of Consumer Price Surge and Economic Ripple Effects

The U.S. tariff rates have surged to an 18.3% average, the highest in 91 years, causing significant price increases in clothing and textiles, and prompting companies to pass costs ...

Chancellor Friedrich Merz Pledges Unwavering Support for Germany's Steel Industry Amid US Tariff Tensions

German Chancellor Friedrich Merz vows to protect the steel industry, a sector of strategic interest, amid US tariff tensions. He calls the EU-US trade deal painful but necessary to...

European Markets Tumble as U.S. Tariffs Spark Trade War Fears, Inflation Data Awaited

European markets opened lower amid U.S. tariff impositions, with significant drops in major indexes like DAX and CAC 40. Investors eye Eurozone inflation data for further clues.

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...

Fed Holds Steady: Interest Rates Unchanged Amid Trade War and Inflation Concerns

The Federal Reserve is anticipated to keep interest rates unchanged, amidst global trade uncertainties and inflation concerns. President Trump's calls for rate cuts contrast with r...

European Markets Tumble as Trump's Tariff Threats Spark Trade War Fears

European markets closed lower as President Trump's announcement of potential global tariffs reignited trade war fears, affecting major indices and currencies across the region.

US Imposes Hefty 93.5% Tariff on Chinese Graphite, Escalating Trade Tensions

The US has imposed a 93.5% tariff on Chinese graphite imports, citing unfair subsidies. This move, part of ongoing trade tensions, could raise effective tariffs to 160%, following ...

Trump Escalates Trade War with 30% Tariffs on EU and Mexico Starting August 1

U.S. President Donald Trump has announced a 30% tariff on EU and Mexican goods starting August 1, escalating trade tensions. The move is seen as a pressure tactic in ongoing negoti...

Trump Escalates Trade War: Announces 35% Tariff on Canada Effective August 1

Former President Donald Trump threatens to impose a 35% tariff on Canadian goods starting August 1, escalating his trade war tactics. Canada vows to protect its workers and busines...

Germany and Italy Advocate for Diplomatic Dialogue Amid Escalating US-EU Tariff Dispute

European Union leaders, including Germany and Italy, are calling for dialogue and unity in response to US President Donald Trump's decision to impose 30% tariffs on EU exports. The...

Wall Street Slides as Trump Escalates Trade War with New Tariffs on Canada and EU

Wall Street opened lower as President Trump announced new tariffs on Canadian goods and potential rates for the EU, sparking fears of a deepening trade war. Brazil considers recipr...

Dow Dives Over 200 Points as Trump Escalates Trade War with New Tariffs

Wall Street futures drop as President Trump announces new tariffs on Canadian goods and potential tariffs on the EU, causing the Dow to fall over 200 points and affecting major ind...

Asian Markets React to Trump's Tariff Threats and China's CPI Data

Asian markets showed mixed reactions to Trump's tariff threats and China's CPI data. Japan and South Korea saw gains, while Australia and Hong Kong faced declines. China's CPI ende...

China's Strategic Export Shift: Dodging U.S. Tariffs Through Southeast Asia

Chinese firms are increasing exports to the U.S. via Southeast Asia to avoid high tariffs, leading to a significant shift in trade patterns reminiscent of the 2018 trade war.

US-China Tech Tensions Escalate: AI Chip Export Restrictions and Student Visa Revocations Spark Diplomatic Row

China criticizes the US for new AI chip export restrictions and student visa revocations, sparking a diplomatic row. Over 275,000 Chinese students in the US are affected, with Chin...

Asian Markets Show Mixed Signals Amid Ongoing Trade War Tensions and Deadline Pressures

Asia-Pacific stock markets showed mixed results amid ongoing trade war tensions, with China urging the US to comply with June trade agreements and Japan contesting Trump's trade pr...

Global Gold Prices Surge Amid Falling Rates, Vietnam Outpaces with Higher Valuations

Gold prices in Vietnam surged, with local rates significantly outpacing global trends. Globally, gold faced a weekly decline amid a stronger dollar and easing trade war concerns, y...

ECB's Gabriel Makhlouf Warns of Prolonged Uncertainty Amid Trade Wars and Geoeconomic Fragmentation

ECB's Gabriel Makhlouf warns of prolonged uncertainty due to trade wars and geoeconomic fragmentation, stressing the need for careful monetary policy calibration to safeguard the E...

EU Threatens $95 Billion in US Imports with Tariffs Amid Stalled Trade Negotiations

The European Union is prepared to impose tariffs on US imports worth €95 billion following unsuccessful trade talks, potentially escalating into a full-blown trade war between the ...

Asian Markets Rally as China Eases Monetary Policy Amid Global Trade Tensions

Asia-Pacific markets mostly advanced as China introduces monetary easing to support its economy amid trade war fears. Key indices in Hong Kong, China, South Korea, and Australia po...

Asian Markets Rally as China Implements Monetary Easing Amid Global Trade Tensions

Asia-Pacific markets mostly gained as China eased monetary policy to support its economy amid trade war worries. Investors also monitored India-Pakistan tensions and awaited the US...

Asian Markets Rally as China Implements Monetary Easing Amid Global Trade Tensions

Asia-Pacific markets mostly gained as China eased monetary policy to support its economy amid trade war worries. Regional tensions and the awaited US Federal Reserve's interest rat...

Asian Markets Rally as China Implements Monetary Easing Amid Global Trade Tensions

Asia-Pacific markets mostly gained as China eased monetary policy to support its economy amid trade war concerns. Hong Kong, Shanghai, and Shenzhen indices rose, while attention al...

Asian Markets Rally as China Implements Monetary Easing Amid Trade War Concerns

Asian markets mostly gained as China eased monetary policy to support the economy amid trade war worries. Hong Kong, Shanghai, and Shenzhen composites rose, while the dollar showed...

Asian Markets Rally as China Eases Monetary Policy Amid Global Trade Tensions

Asian markets mostly advanced as China introduced monetary easing measures to support its economy amid trade war fears. Investors also focused on India-Pakistan tensions and the Fe...

Asian Markets Rally as China Implements Monetary Easing Amid Global Trade Tensions

Asian markets mostly rose as China eased monetary policy to support its economy amid trade war worries. Investors also watched India-Pakistan tensions and awaited the US Federal Re...

Asian Markets Rally as China Implements Monetary Easing Amid Global Trade Tensions

Asia-Pacific markets mostly gained as China eased monetary policy to support its economy amid trade war worries. Investors also monitored India-Pakistan tensions and awaited the US...

Wall Street Slides as Trump's New Tariff on Foreign Films Sparks Trade War Fears

Wall Street indexes closed lower following President Trump's announcement of a new tariff on foreign-made movies, intensifying trade war concerns. The Dow, Nasdaq, and S&P 500 all ...

China Signals Willingness for US Trade Talks, Insists on Tariff Removal as First Step

China has expressed openness to trade talks with the U.S. but demands the removal of tariffs as a precondition. The trade war has led to significant tariffs on both sides, with hig...

Dollar's Decline Against Dong Continues: A Deep Dive into Vietnam's Currency Market Dynamics

The article discusses the recent fluctuations in the dollar's value against the Vietnamese dong, including adjustments by Vietcombank and the State Bank of Vietnam's steady referen...

Janet Yellen Warns: Trump's Trade Tariffs Could Push US Into Recession

Former US Treasury Secretary Janet Yellen warns that President Trump's trade tariffs could have a "tremendously adverse" impact on the US economy, potentially leading to a recessio...

Janet Yellen Warns: Trump's Trade Tariffs Could Push US Economy Towards Recession

Former US Treasury Secretary Janet Yellen warns that President Trump's trade tariffs could severely impact the US economy, potentially leading to a recession by straining businesse...