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Steel industry demands rapid resolution to tariff uncertainty
The continued uncertainty over export tariffs is causing significant financial strain on steel producers, affecting their competitiveness and investment decisions despite progress...
Read Full Article →China's manufacturing activity contracts for a third month amid deflation woes
The ongoing decline in China's manufacturing sector, influenced by intensified price competition and increased tariff pressures, could have notable implications for global trade ba...
Read Full Article →Shiploads of cars ready to set sail for US from UK as trade deal kicks in
The initiation of the new agreement between the UK and US is anticipated to boost vehicle exports significantly, although concerns have been raised about the economic impact on Bri...
Read Full Article →UK car production plunges to 76-year low for May
The sharp decline in UK automobile manufacturing during May reflects challenges in international trade, notably reduced shipments to the US following tariff changes that have impac...
Read Full Article →Aston Martin tariff hit sinks UK car output to 76-year low
The introduction of import duties has significantly disrupted vehicle manufacturing in the UK, causing production levels to fall to a historic low not seen in over seven decades.
Read Full Article →UK vehicle production hits 76-year low in May as Trump tariffs bite
The sharp decline in UK vehicle manufacturing during May reflects the economic impact of new trade barriers, significantly affecting major automakers’ ability to access the America...
Read Full Article →UK to focus new trade strategy on boosting services exports
The UK’s updated trade plan aims to increase revenue from service industries while also enhancing measures to protect domestic businesses from unfair import competition during ongo...
Read Full Article →As the U.S. trade war drags, calls grow for Canada to cautiously improve ties with China
Amid ongoing tensions between major global economies, Canadian policymakers are urged to develop strategies that enhance trade opportunities with China to support domestic business...
Read Full Article →UK inflation expected to have dipped in May in latest official figures – business live
Recent data suggests inflationary pressures in the UK may ease slightly in the coming months, potentially influencing the central bank's decision to lower interest rates later this...
Read Full Article →UK aerospace sector to avoid tariffs as Trump-Starmer trade deal clinched
The newly established trade agreement between the UK and the US is expected to reduce costs for aerospace manufacturers and automobile exporters by eliminating import duties and fo...
Read Full Article →Oil price falls back as flow of crude through Strait of Hormuz unaffected
Despite rising tensions between Israel and Iran, the uninterrupted crude shipments through the Strait of Hormuz have led to a decline in oil prices, reflecting market confidence in...
Read Full Article →Vietnam risks being the trade war’s biggest loser. Does it have a plan B?
Vietnam’s economy, which gained substantially from shifts in global trade dynamics, now faces potential setbacks due to tariffs targeting key sectors, highlighting the need for alt...
Read Full Article →UK trade with US falls apart after Trump tariff blitz
The sharp decline in exports to America, the UK's largest trading partner, highlights significant economic challenges and potential disruptions in international commerce following...
Read Full Article →UK economy contracts - with record fall in exports to the US
In April, the UK's economic performance declined beyond forecasts, largely influenced by a significant decrease in exports to the United States amid ongoing trade tensions and tari...
Read Full Article →US tariff turmoil makes Spain's flagship foods seek other markets
Spanish producers of ham and olive oil are exploring alternative international markets to offset potential revenue losses caused by ongoing trade tensions affecting exports to the...
Read Full Article →China's exports to the U.S. clock their sharpest drop in more than 5 years — down over 34% in May
The substantial decline in shipments from China to the U.S. reflects shifting trade dynamics following recent tariff reductions agreed upon in Geneva, potentially impacting economi...
Read Full Article →China’s exports to US plunge as trade talks loom
The recent decline in shipments from China to the United States reflects growing economic uncertainty, with a notable drop in manufacturing activity indicating potential challenges...
Read Full Article →Customs brokers are cross-border trade gurus. With tariff whiplash, they're facing 'toxic uncertaint...
Customs brokers play a crucial role in managing the costs associated with international trade by accurately determining duties, which has become increasingly challenging due to fre...
Read Full Article →The world could be facing another 'China shock,' but it comes with a silver-lining: Cooler inflation
A renewed surge in Chinese manufacturing and exports may impact global markets significantly while potentially easing inflationary pressures in various economies worldwide.
Read Full Article →Australia could bargain over partial US beef ban in Trump tariff talks
Australia plans to use restricted access to its beef exports as leverage in discussions aimed at easing American tariffs and improving overall trade relations between the two count...
Read Full Article →Tariffs: Commission strengthens imports monitoring amid fear of trade diversion
The Commission has enhanced its oversight of incoming goods to address concerns about shifts in trade patterns, following reports of increased shipments from China to the European...
Read Full Article →Canada's trade deficit swells to record high as exports to U.S. tank
Canada experienced an unprecedented increase in its trade shortfall this April, primarily due to a significant decline in shipments to its largest trading partner amid continued tr...
Read Full Article →April's $7.1B merchandise trade deficit was the largest on record
In April, Canada experienced an unprecedented merchandise trade shortfall totaling $7.1 billion, largely due to a significant decline in exports influenced by increased U.S. tariff...
Read Full Article →The big problem facing UK as deadline to finalise US trade deal looms
The outcome of the US-UK trade negotiations could significantly impact British exporters by either imposing substantial tariffs or providing new opportunities for economic expansio...
Read Full Article →With Roughly a Month Left, Trump Is Running Out of Time For Dozens of Trade Deals
As the deadline approaches, there is limited time remaining for the administration to finalize multiple international trade agreements that could impact the country's economic rela...
Read Full Article →Canada's economy grows faster than expected in first quarter
The Canadian economy expanded by 2.2% in the first quarter, surpassing forecasts due to increased export activity that helped mitigate the impact of U.S. trade restrictions.
Read Full Article →Synopsys says to forget what it said last night. It did get a government letter about exports to Chi...
Synopsys experienced a notable decline in its stock value after retracting its financial forecast due to uncertainties stemming from recent export regulations affecting its busines...
Read Full Article →China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value
The combined impact of export limitations to China and ongoing tariff uncertainties in the U.S. has significantly reduced the market valuation of a leading semiconductor equipment...
Read Full Article →India's iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won't make further gr...
The substantial increase in iPhone shipments from India to the U.S. highlights growing trade value, though political tensions and regulatory challenges may limit future expansion o...
Read Full Article →Trump threatens Apple with 25% tariff unless iPhones are made in US – business live
The announcement of increased import duties on foreign-made smartphones has prompted a surge in German manufacturing and exports, contributing significantly to stronger economic gr...
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