17 h. ago EU awaits Trump letter as markets digest latest tariff salvo

The European Union braced on Friday for a possible letter from U.S. President Donald Trump outlining planned duties on the United States’ largest trade and investment partner after a broadening of his tariff war in recent days. The EU initially hoped to strike a comprehensive trade agreement, including zero-for-zero tariffs on industrial goods, but months […]

Politics

25 h. ago EU waits on Trump letter as markets digest latest tariff salvo

The European Union braced on Friday to receive a letter from US President Donald Trump, outlining planned duties on his largest trade and investment partner after a broadening of his tariff war in recent days. The EU initially hoped to strike a comprehensive trade agreement, including zero-for-zero tariffs on industrial goods, but months of difficult […]

Politics

31 h. ago Trump escalates trade war with Canada, EU and allies on edge

President Donald Trumpramped up his tariff assault on Canada on Thursday, saying the U.S. would impose a 35% tariff on imports next month and planned to impose blanket tariffs of 15% or 20% on most other trading partners. In a letter released on his social media platform, Trump told Canadian Prime Minister Mark Carney the […]

Politics

33 h. ago Wall Street braces for Q2 earnings hit from Trump’s trade war

US companies are getting ready to open their books on the second quarter, with investors looking for signs of an impact from President Donald Trump’s trade war launched on April 2. While earnings growth is expected to decelerate from the first three months of the year, a sharp decline in the dollar could help to […]

Events

3 d. ago Trump escalates trade war with 50% tariff on copper, eyes levies on drugs and chips

President Donald Trump said he would impose a 50% tariff on imported copper and soon introduce long-threatened levies on semiconductors and pharmaceuticals, broadening his trade war that has rattled markets worldwide. One day after he pressured 14 trading partners, including powerhouse US suppliers like South Korea and Japan, with fresh tariff letters, Trump reiterated his […]

Events

4 d. ago Trade turbulence deepens: Trump hikes tariffs on 14 countries, including ‘allies’

U.S. President Donald Trump opened a new phase in the trade war he launched this year, telling partners, from powerhouse suppliers such as Japan and South Korea to minor players, that they face sharply higher tariffs from August 1. The imposition of a levy of 25% on U.S. importers of all goods from key allies […]

Politics

1 week ago Tariffs spark packaging shift as costs soar for US canned food firms

Andy Russick, who sells canned fruit and tomatoes to top US grocers like Kroger (KR.N), hospitals and schools, shares the stated aim behind US President Donald Trump’s trade war – fighting cheap Chinese imports. Yet when US tariffs on imported steel and aluminum doubled to 50 per cent on June 4, his company, canned-food maker […]

Politics

3 w. ago War, Terrorism, Defence Cooperation, Trade & Investment: Key Takeaways From PM Modi

War, Terrorism, Defence Cooperation, Trade & Investment: Key Takeaways From PM Modi-Cyprus President Nikos Christodoulides Bilateral Talks  Republic World

Events