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Trump announces Vietnam trade deal, 20% tariff on its imports to U.S.
The newly imposed 20% tariff on imports from Vietnam could substantially affect the country's economy, given that exports to the U.S. constituted nearly a third of its GDP in the p...
Read Full Article →Canada imposes tariffs on steel and aluminium to curb imports
Canada has introduced substantial tariffs on imported steel and aluminum from countries outside the United States to support domestic industries and preserve employment opportuniti...
Read Full Article →Carney announces new measures to protect Canada's steel and aluminum industries
The government plans to implement limits on imported steel and explore additional tariff options to support domestic producers amid economic challenges stemming from U.S. trade pol...
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 →EU targets Chinese plywood in latest defence of domestic industries
The new duties, reaching as high as 62.4%, are expected to impact the cost and competitiveness of hardwood plywood imports from China, potentially influencing trade balances and ma...
Read Full Article →Ontario, Nova Scotia premiers say they won’t follow Alberta in buying U.S. alcohol again
Ontario and Nova Scotia aim to influence U.S. trade policies by resisting purchases of American alcohol, seeking to address tariffs that affect Canadian products and regional econo...
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 →Trade deficit fell by a record amount in April as demand dropped for imports
In April, the trade gap narrowed significantly due to a decrease in import purchases, resulting in a substantial reduction of the overall imbalance to $61.6 billion.
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 →Aguia phosphate outshines imports in Brazilian crop trials
Aguia Resources’ locally sourced phosphate demonstrated comparable crop yields to high-cost imported alternatives, potentially reducing fertilizer expenses and enhancing the econom...
Read Full Article →Here’s where all of Trump’s tariffs stand as his 50% tax on steel and aluminum imports goes into eff...
The implementation of high tariffs on steel and aluminum imports by the U.S. administration has impacted trade dynamics and could influence domestic production costs and internatio...
Read Full Article →Could the resurgence of Germany’s steel industry help to revive its economy?
The downturn in Germany’s economy may be influenced by new tariffs on steel and aluminum imports, while growth in its defense sector could potentially stimulate increased demand fo...
Read Full Article →Trump's 50% steel tariffs hit the world but UK spared full blow
The new U.S. duties on steel and aluminum imports have significant economic implications globally, although the United Kingdom faces reduced impact due to exceptions in the applied...
Read Full Article →California to appeal after judge dismisses lawsuit over Trump tariffs
California's decision to pursue an appeal could impact ongoing legal debates and financial outcomes related to the enforcement and future adjustments of tariffs affecting trade and...
Read Full Article →58% of U.S. imports exempt from Canada's retaliatory tariffs, says new report
Over half of American products brought into Canada remain unaffected by the recent 25 percent tariff applied to $30 billion in goods, potentially mitigating economic impact on bila...
Read Full Article →Trump signs order to double steel and aluminum tariffs at midnight
The decision to increase tariffs on imported steel and aluminum to 50 percent is expected to significantly impact trade dynamics and could lead to increased costs for industries re...
Read Full Article →Steel stocks surge after Trump doubles steel tariffs, Cleveland Cliffs jumps 25%
The announcement to increase steel import tariffs to 50% led to a notable rise in steel company shares, with Cleveland Cliffs experiencing a significant 25% increase in its stock p...
Read Full Article →EU 'prepared to impose countermeasures' after Trump doubles steel tariffs to 50%
The increase in steel import duties to 50% by the United States may lead to significant trade tensions and could affect the cost and availability of steel for businesses and consum...
Read Full Article →EU 'strongly regrets' Trump's announcement to double steel and aluminium tariffs to 50%
The planned increase in import duties on steel and aluminium could significantly impact trade flows and production costs for European industries starting in early June.
Read Full Article →Trump says he will double tariffs on US steel imports to 50%
The president announced plans to increase tariffs on steel imports to 50%, potentially impacting international trade relations and affecting costs for American manufacturers and co...
Read Full Article →Trump doubles steel tariffs to 50%, touts U.S. Steel-Nippon deal still short on details
The increase in duties on imported steel to 50% aims to protect domestic producers, potentially impacting international trade relationships and influencing the cost structure for i...
Read Full Article →U.S. trade deficit in goods plummets in April, pointing to stronger second-quarter GDP
The substantial decline in imports during April contributed to a narrower trade gap, which may positively influence the overall economic growth for the United States in the upcomin...
Read Full Article →Markets jump after court rules against Donald Trump's sweeping tariffs
Global stock indices rose and futures increased following a judicial decision that prevented the implementation of broad import tariffs, potentially impacting trade costs and inves...
Read Full Article →Federal trade court strikes down Trump's reciprocal tariffs
The ruling on the legality of Trump's import tariffs under the International Emergency Economic Powers Act may influence future trade policies and affect market dynamics across var...
Read Full Article →US federal court blocks Trump from imposing sweeping tariffs
The court’s decision prevents the implementation of broad import tariffs that could have significantly impacted trade costs, market stability, and international economic relations.
Read Full Article →US court blocks Trump from imposing sweeping global tariffs - claiming he exceeded his authority
A recent ruling by a US trade court prevents the former president from implementing broad import taxes, potentially affecting international trade dynamics and related financial mar...
Read Full Article →Trump tariffs suffer staggering setback in U.S. court
A recent court decision prevented the implementation of broad import taxes imposed by the previous administration, potentially impacting trade balances and market prices for goods...
Read Full Article →Trump accuses EU of dragging its heels on a tariff deal with the US
Delays in reaching an agreement on import tariffs between the US and the EU could potentially increase trade tensions, affecting market stability and economic relations between the...
Read Full Article →Trump Restores July Deadline for Tariffs on European Imports
The adjustment to the timeline for tariffs on goods from Europe could influence trade balances and impact revenue streams for businesses engaged in transatlantic commerce.
Read Full Article →Trump drops tariff threat against EU after weekend call with bloc chief
The removal of the proposed 50 percent tariffs following discussions between U.S. and EU leaders could positively influence transatlantic trade relations and reduce potential econo...
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