Soybeans
China's decision to stop buying soybeans from America in May has left a significant impact on the country's agricultural sector. The United States, which accounted for 52% of all American soybean exports last year, has now seen a 23% drop in total soybean exports this year.
Tariffs
President Donald Trump has unveiled plans to impose new import taxes on pharmaceutical drugs, kitchen cabinets and bathroom vanities, upholstered furniture, and heavy trucks starting on October 1. The tariffs aim to reduce the US budget deficit and boost domestic manufacturing. However, the additional levies risk intensifying inflation and slowing
Tariffs
Washington state's small business owners and Senator Patty Murray are sounding the alarm about the devastating impact of President Trump's tariffs on their industries and the overall economy. The effective tariff rate in America is at a 17.4 percent, the highest since 1935, and the
Tariffs
The agreement by China to sell TikTok's American operations may seem like a concession, but it's actually a strategic move to focus on pressing issues, such as tariffs, technology, and Taiwan. The deal demonstrates China's willingness to compromise and negotiate, rather than engaging in
Tariffs
Small and medium-sized enterprises (SMEs) in Ireland have made significant debt repayments, with €5.4 billion in gross repayments in the 12 months to the end of June, the highest level since 2020. However, this increased repayment activity has not been accompanied by an increase in new lending, indicating a
Tariffs
Canada's energy sector is experiencing a significant shift, with the country poised to become one of the world's largest exporters of liquified natural gas (LNG). The recent start-up of LNG Canada in June marked a significant milestone, and the potential doubling of its capacity would propel
Tariffs
A phone call between Chinese President Xi Jinping and US President Donald Trump on Friday revealed "progress" on the TikTok deal and other issues, with Mr. Xi indicating he would be in favor of a commercial deal that benefits both sides. The conversation marked a significant shift in
Tariffs
Bilston's Bowers & Jones, an award-winning manufacturing firm, has seen enquiries from the US dry up following the imposition of 25 per cent tariffs on steel products exported to North America. The firm was recently presented with a King's Award for Enterprise for achieving significant growth
Exports
Switzerland's export market to the US suffered a significant blow in August as President Trump's 39% tariffs took effect. According to recent data, Swiss exports to America fell to 3.1 billion Swiss francs, marking a 22% decline from the previous month. This downturn is largely
Tariffs
As President Trump prepares for a state visit to Britain, whiskey industry leaders are pressing for an exemption from tariffs on Scotch whisky, warning that they could lead to 3,300 job losses in the US and economic pain for the hospitality industry. The US spirits industry has an interconnected
Tariffs
Industry Minister Kim Jung-kwan announced a new export guarantee program worth 400 billion won (approximately $290 million) to support the country's steel industry facing significant tariffs from the United States. The program, aimed at strengthening steel supply chains, will create an economic effect equivalent to about 400 billion
Tariffs
Canadian Prime Minister Mark Carney and Mexican President Claudia Sheinbaum held a joint news conference in Mexico City on September 18, 2025, promising to deepen economic and security ties between their countries. The two leaders reinforced their commitment to the US-Mexico-Canada Agreement (USMCA) and expressed optimism about their three-way trade
