trade policy News

Trump Announces 19% Tariff on Indonesian Goods in Bold Trade Move

US President Donald Trump has announced a 19% tariff on Indonesian goods, while US exports to Indonesia will remain tariff-free. This move, detailed in a White House press briefing...

Navarro Slams Apple: 'Too Big to Tariff' Mentality Hinders US Manufacturing Shift

Peter Navarro, Trump's trade advisor, criticizes Apple for not moving production out of China fast enough, accusing it of a 'too big to tariff' mindset. Apple's shares briefly fell...

Trump's Tariff Delay Boosts US Futures: New Duties on Select Countries Announced

US stock futures gained after President Trump extended the tariff deadline to August 1 and announced new duties on imports from select countries, including South Africa and Thailan...

Trump Announces Global Tariff Letters: A New Era of Trade Policy Begins July 4

President Donald Trump announces a new approach to U.S. trade policy, with letters specifying tariff rates to be sent to all trading partners starting July 4, 2025. This move aims ...

Trump Imposes 10% Tariff on BRICS-Aligned Nations, Vows No Exceptions

President Donald Trump announces a 10% tariff on BRICS-aligned countries, calling their policies anti-American. The policy has no exceptions, with notifications to affected countri...

Fed's Barr Warns: Emerging Trade Policies Could Dim the Bright Economic Outlook

Federal Reserve's Michael Barr highlights the U.S. economy's strength but warns of potential clouds from new trade policies, especially impacting small businesses and supply chains...

US Commerce Secretary Assures 10% Import Tariff to Stay, Sparks Debate on Consumer Impact

US Commerce Secretary Howard Lutnick announced the continuation of a 10% import tariff, emphasizing its role in protecting domestic industries and shifting the financial burden to ...

India-UK Trade Deal: A Milestone in Bilateral Relations and Economic Growth

The India-UK Free Trade Agreement (FTA) signifies a strategic expansion of India's bilateral trade agreements, aiming to enhance market access for Indian goods and strengthen inter...

Fed's Barr Warns of Trade Policy Uncertainty Impacting Inflation and Growth

Federal Reserve Vice Chair Michael Barr discusses the impact of trade policy uncertainties on inflation and growth, emphasizing the economy's strength but warning of potential chal...

Dow Jones Plummets Nearly 400 Points Amid Trade Policy Uncertainty and Middle East Tensions

The Dow Jones Industrial Average fell nearly 400 points amid concerns over U.S. trade policies and Middle East tensions. Key stocks, including Merck and Palantir, saw significant d...

Dow Jones Plummets Nearly 400 Points Amidst Trade Policy Uncertainty and Middle East Tensions

The Dow Jones Industrial Average closed down by nearly 400 points amid investor concerns over trade policies and Middle East tensions. President Trump's refusal to lift tariffs on ...

Apollo CEO Warns US Economy Could Face Two Quarters of Negative Growth Due to Tariff Impact

Apollo Global Management CEO Marc Rowan warns of potential two consecutive quarters of negative US growth due to Trump's tariff policies, advocating for a strategic approach to tra...

Federal Reserve Decision Looms: US Futures Take a Dip as Markets Brace for Impact

US stock futures decline as markets await the Federal Reserve's policy decision and potential trade policy changes, with Dow Jones, Nasdaq 100, and S&P 500 all showing losses in ea...

US Stock Futures Dip as Investors Await Fed Decision and Trade Policy Updates

US stock futures declined as markets await the Federal Reserve's policy announcement and potential trade policy updates. Early trading showed Dow, Nasdaq, and S&P 500 futures down,...

Dow Jones and Nasdaq Futures Slide as Investors Await Fed Policy Decision and Trade Updates

US stock futures declined as investors await the Federal Reserve's policy decision and monitor trade policy developments. Dow Jones, Nasdaq 100, and S&P 500 futures all saw drops, ...

S&P Downgrades India's GDP Growth Forecast Again Amid Trump's Tariff Uncertainty and Global Economic Concerns

S&P Global Ratings has downgraded India's GDP growth forecast for 2025-26 to 6.3%, citing Trump's tariff policies and global economic uncertainties. The RBI has also revised its gr...

GM Faces $5B Tariff Impact: Slashes 2025 Profit Outlook Amid Trade Policy Shifts

General Motors revises its 2025 earnings forecast downward, citing up to $5 billion in exposure from new US tariffs. CEO Mary Barra highlights ongoing discussions with trade partne...

German Consumer Confidence Set to Rise in May Amid Positive Economic Signals

German consumer confidence is expected to increase in May, with figures improving to negative 20.6. Experts suggest that domestic political stability and global trade policy change...

German Consumer Confidence Shows Promising Uptick in May Amid Global Trade Adjustments

German consumer confidence is expected to improve in May, reaching negative 20.6, up from last month's 24.3. Experts suggest that despite global trade policy changes, local politic...

Trump Stands Firm on Trade Policies: No Market Downturn Will Change His Stance

US President Donald Trump asserts that no specific market downturn will influence his trade policies, as revealed in an interview with The Atlantic. The discussion also touches on ...

Trump Defiant: No Specific Market Downturn Will Alter His Trade Policy Stance

President Trump asserts that no specific market downturn will make him alter his trade policies, emphasizing there's no "certain number" that would change his course. The interview...

Trump Defiant on Trade Policy: No Market Downturn Will Sway His Stance

US President Donald Trump insists no market downturn will change his trade policies, stating there's no "certain number" that would sway his stance, during an interview with The At...

Lagarde Optimistic About Future US-EU Tariff Negotiations Amid Trade Policy Concerns

European Central Bank President Christine Lagarde is hopeful about the prospects of US-EU tariff negotiations, despite concerns over US trade policies. She emphasizes the need for ...

Cleveland Fed President Hammack Advocates for Steady Monetary Policy Amid Economic Uncertainties

Federal Reserve Bank of Cleveland President Beth Hammack emphasizes the need for steady monetary policy to balance inflation risks and labor market slowdown, amid uncertainties fro...

Fed Official Advocates for Steady Monetary Policy Amid Inflation and Labor Market Uncertainties

Federal Reserve Bank of Cleveland President Beth Hammack advocates for a steady monetary policy to balance inflation and labor market risks, citing uncertainties from new US trade ...

Honda Considers Shifting Production to US Amid Trump's Tariff Threats on Foreign Cars

Honda Motor Co., Ltd. is reportedly considering moving its car production from Mexico and Canada to the US in response to President Trump's 25% tariff on non-US-made cars. The comp...

Brent Crude Climbs 1% Following Trump's Strategic Tariff Exemptions on Tech

Brent crude oil prices rose over 1% as markets digest Trump's tariff exemptions on certain tech goods from China, with Beijing calling it a step towards correcting trade practices....

Trump's Strategic Tariff Delay: A Bow to Bond Market Pressures and Wall Street's Whispers

President Trump's unexpected delay of tariffs, excluding China, reflects significant bond market pressures and Wall Street influence, highlighting the intricate balance between tra...

BoE's Breeden Warns: US Tariffs' Inflation Impact on UK Remains Uncertain

Bank of England's Sarah Breeden discusses the uncertain impact of US tariffs on UK inflation, highlighting potential economic risks and the resilience of the UK banking system.

BoE's Sarah Breeden on US Tariffs: Early Days for UK Inflation Impact, Sterling Stability in Question

Sarah Breeden, Deputy Governor of the Bank of England, discusses the uncertain impact of US tariffs on UK inflation and sterling stability, while affirming the resilience of the UK...

Trump Administration Reconsiders High Port Fees on Chinese-Made Ships Amid Trade Concerns

The Trump administration is reconsidering its plan to impose high port fees on Chinese-made ships, shifting to a vessel capacity-based fee to lessen the impact on U.S. exports, wit...

Fed's Daly Voices Concern Over Potential Inflation Spike Due to Trump's Tariffs

Federal Reserve's Mary Daly raises concerns over potential inflation increase from Trump's tariffs, highlighting trade policy uncertainty and advocating for cautious monetary polic...