China and the United States have agreed to reduce tariffs on around $60 billion worth of goods imported from each other, marking another step toward easing trade tensions between the world’s two largest economies. The tariff reductions will cover a wide range of products, including U.S. corn and other agricultural goods, as well as Chinese […]
The U.S. House of Representatives has advanced legislation that could give President Donald Trump the authority to impose tariffs of up to 100% on goods from countries that continue to purchase Russian oil and gas, putting India and several other major Russian energy buyers in the spotlight. The measure cleared a key procedural hurdle in […]
Seoul is preparing to unveil major investments in U.S. energy, nuclear power and shipbuilding as Washington presses for progress on a $350 billion commitment U.S. President Donald Trump is expected to announce details of South Korea’s planned investment in the United States on Friday, September 18, according to South Korean lawmaker Yoon Hu-duk, as Washington […]
U.S. President Donald Trump has threatened to block Canadian aircraft manufacturer Bombardier from selling its jets in the United States unless the company begins manufacturing aircraft on American soil, escalating tensions between Washington and Ottawa. Trump made the demand in a social media post on September 7, criticizing Bombardier’s products and arguing that the company […]
U.S. President Donald Trump announced on Wednesday that he has ordered an immediate cutoff of all U.S. trade with Spain, dramatically escalating tensions with one of Washington’s NATO allies during the alliance’s summit in Ankara, Türkiye. Speaking alongside NATO Secretary General Mark Rutte, Trump said he had instructed Treasury Secretary Scott Bessent to halt trade […]
The US-Japan Trade Deal of 2025 Sets Tariffs Rate At 15% The US-Japan Trade Deal, finalized on July 23, 2025, marks a significant milestone in bilateral economic relations and carries substantial implications for global markets, supply chains, and geopolitical dynamics. This agreement is a pragmatic win for American interests, prioritizing national security, economic sovereignty, and […]
Beijing and Washington agree to deepen economic cooperation after breakthrough discussions in Geneva GENEVA — In a promising development for global markets, China and the United States announced they had made “substantial progress” following high-level trade talks held this week in Geneva. The discussions, led by Chinese Vice Premier He Lifeng and U.S. Trade Representative […]
Swiss pharmaceutical giant Roche has unveiled plans to invest $50 billion in the United States over the next five years, a move expected to create more than 12,000 jobs as the company expands its footprint amid growing trade tensions. The investment comes as pharmaceutical companies ramp up U.S. operations in response to shifting trade policies […]
On Wednesday, Britain unveiled a 400-page list detailing U.S. products that could face retaliatory tariffs as a response to President Donald Trump’s tariffs on British imports. This move comes despite ongoing trade negotiations with Washington. The “indicative long list” includes a variety of items, ranging from binoculars and bourbon whiskey to car parts and cheese. […]
The small southern African country of Lesotho has been subjected to a 50% trade tariff by U.S. President Donald Trump, marking the highest tariff placed on any country in his list of targeted economies. Lesotho, a landlocked and economically modest nation with a GDP of just over $2 billion, has a notable trade surplus with […]