6 h. ago Trump’s tariffs cast shadow over G20 finance talks in South Africa

Tensions over U.S. tariff threats have dominated the G20 finance ministers’ meeting in Durban, South Africa. As finance chiefs gathered to discuss global economic cooperation, President Donald Trump’s new tariff plans created concern about further trade disruption and global fragmentation. South Africa, the host, urged G20 countries to show bold leadership and unity in tackling […]

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30 h. ago EU trade chief travels to Washington to stop new U.S. tariffs

EU Trade Commissioner Maros Sefcovic flew to Washington on Wednesday to try to resolve tariff disputes with the U.S. He will meet with U.S. Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer to discuss the issue. The talks come as U.S. President Donald Trump has threatened to impose a 30% tariff on imports from […]

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3 d. ago G20 financial watchdog delays climate policy amid US withdrawal and member divisions

LONDON – The G20’s financial stability watchdog, the Financial Stability Board (FSB), released a new plan on tackling climate-related financial risks on Monday but decided to pause further policy work due to divisions among its members. The United States’ recent withdrawal from several climate-focused groups has also complicated efforts to build a unified global response. […]

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6 d. ago Pharma giants on edge as Trump’s 200% tariff warning sparks global alarm

Pharmaceutical companies are racing to develop backup plans after U.S. President Donald Trump renewed his threat to impose up to 200% tariffs on imported drugs. The proposed levy, announced this week, could take effect within 12 to 18 months, leaving little time for industry-wide adjustments. Even with the delay, analysts are warning of serious consequences. […]

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6 d. ago Trump threatens 35% tariff on Canadian exports starting August 1

In a new escalation of trade tensions, US President Donald Trump has sent a formal letter to Canadian Prime Minister Mark Carney, warning of a 35% import tax on Canadian exports beginning August 1. The warning marks a renewed push in Trump’s aggressive trade policy, with similar letters reportedly sent to over 20 countries this […]

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9 d. ago Trump plans tariff blitz: 50% on copper, 200% possible for medicines

US President Donald Trump has announced plans to impose a 50% tax on copper imports, signaling a more aggressive trade policy if re-elected. Speaking during a cabinet meeting, Trump said his administration is actively working on the copper issue as part of a broader investigation into metal imports. In addition, Trump hinted at an even […]

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9 d. ago South Africa pushes back against Trump’s 30% tariff, calls for fair trade talks

South African President Cyril Ramaphosa rejected U.S. President Donald Trump’s plan to impose a 30% tariff starting next month. He said the tariff is based on wrong trade data. Ramaphosa stressed that South Africa’s average tariff on U.S. goods is only 7.6%, and most U.S. products enter South Africa without any tariff. He also said […]

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1 week ago Trump slaps 25% tariffs on Japan, South Korea amid trade tensions

WASHINGTON: US President Donald Trump has imposed 25% tariffs on imports from Japan and South Korea, two of America’s closest allies. The decision was announced in formal letters sent to both countries, stating that their trade practices were “far from reciprocal.” The tariffs will take effect from August 1, unless trade policy changes are made. […]

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1 week ago China hits back at Trump’s 10% tariff threat on BRICS aligned nations

China has strongly rebuked U.S. President Donald Trump’s threat to impose an additional 10% tariff on countries that align with BRICS’ “anti-American” policies. Trump announced the tariff threat following the BRICS summit in Rio de Janeiro (July 6–7, 2025), where the group rebuked unilateral tariffs and military actions against Iran and Israel. A spokesperson for […]

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1 week ago Trump warns of 10% tariffs on BRICS allies as global tensions rise

U.S. President Donald Trump has threatened to impose an extra 10% tariff on any country aligning with the BRICS group, calling their actions “Anti-American.” The warning came just hours after BRICS leaders kicked off their annual summit in Rio de Janeiro on Sunday. Trump posted the statement on Truth Social, saying there would be no […]

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1 week ago Oil prices hold steady amid strong US jobs data and tariff uncertainty

Oil prices remained largely unchanged on Friday as fresh U.S. employment data supported expectations that the Federal Reserve may hold interest rates steady. Meanwhile, uncertainty over President Donald Trump’s upcoming tariff announcements kept investors cautious. Brent crude futures edged up by just 1 cent, trading at $68.81 per barrel, while U.S. West Texas Intermediate (WTI) […]

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2 w. ago Asian markets struggle as Trump tariff deadline and fed uncertainty rattle investors

Asian stock markets dipped on Wednesday as investors remained cautious ahead of U.S. President Donald Trump’s July 9 tariff deadline and amid growing uncertainty over interest rate cuts by the Federal Reserve. The dollar also stayed weak, hovering near its lowest point since early 2022. The MSCI Asia-Pacific index outside Japan slipped 0.23% in early […]

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2 w. ago Trump hints at trade deal with India, warns of higher tariffs for Japan

WASHINGTON – President Donald Trump has expressed hope for a potential trade agreement with India, saying the South Asian country appears ready to lower trade barriers for American companies. Speaking aboard Air Force One, Trump said if India allows more U.S. business access, both sides could finalize a deal with reduced tariffs. He noted that […]

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