3 d. ago EU, US report progress on trade talks despite new metals tariffs

The United States and European Union said trade talks advanced quickly and in the right direction on Wednesday, top negotiators said, despite a stumbling block posed by new U.S. metals tariffs. President Donald Trump’s doubling of tariffs on steel and aluminium imports kicked in on Wednesday, the same day hisadministration sought”best offers”from trading partners to […]

Politics

3 d. ago Higher metals tariffs kick in as deadline for ‘best’ offers arrives

The US tariff rate on most imported steel and aluminum doubled on Wednesday as President Donald Trump ratchets up a global trade war on the same day he expects trading partners to deliver their “best offer” in bids to avoid punishing import tax rates on other goods from taking effect in early July. Late on […]

Events

7 d. ago EU Commission ‘strongly’ regrets announced increase in US steel tariffs

The European Commission said on Saturday that it “strongly” regrets an announced increase of U.S. tariffs on steel imports and that the EU is prepared to impose countermeasures. U.S. President Donald Trump said on Friday he planned to increase tariffs on imported steel and aluminum to 50% from 25%, putting more pressure on global steel […]

Events

7 d. ago Trump says he plans to double steel, aluminium tariffs to 50%

U.S. President Donald Trump said on Friday he planned to increase tariffs on imported steel and aluminium to 50% from 25%, ratcheting up pressure on global steel producers and deepening his trade war. “We are going to be imposing a 25% increase. We’re going to bring it from 25% to 50% – the tariffs on […]

Politics

1 week ago Trump Media to raise $3 billion to spend on cryptocurrencies, reports say

US President Donald Trump’s social media firm, Trump Media & Technology Group (DJT.O), plans to raise about $3 billion to spend on cryptocurrencies such as bitcoin, the Financial Times reported on Monday, citing people familiar with the matter. Trump Media aims to raise $2 billion in fresh equity and $1 billion more through a convertible […]

Economics

last month US, Britain to announce trade deal later on Thursday NYT claims

President Donald Trump is expected to announce a trade deal between the United States and Britain on Thursday, the New York Times reported on Wednesday, citing three people familiar with the plans. Trump posted on Truth Social that he would hold an Oval Office news conference at 10 a.m. EDT (17.00 EET) on Thursday about […]

Politics