Tariffs
Hundreds of British goods containing steel and aluminium are now subject to new American tariffs, sparking concerns among manufacturers and policymakers. JCB's CEO, Graeme Macdonald, has called on the UK government to finalize a deal to eliminate metals tariffs, which were not agreed upon in the trade agreement
Tariffs
European leaders have taken a sharp turn towards accommodation with Donald Trump, accepting his demands without standing up for their own principles or interests. Instead of confrontation, they have opted for flattering rhetoric, praising Trump's diplomatic prowess and accepting his "deals" without scrutiny. This pragmatic stance
Tariffs
The Canadian government's decision to lift most retaliatory tariffs on American goods is expected to deliver some relief to consumers, although experts warn that the "buy Canada" movement may continue to limit demand for U.S. products. Prime Minister Mark Carney announced that the change will
Tariffs
The United States' plan to raise tariffs on furniture, pharmaceuticals, semiconductors, and critical minerals could sharply curb imports, affecting Malaysia's furniture exports significantly. With the US market accounting for roughly 40% of Malaysia's furniture exports, industry players will have to find alternative markets through trade
Tariffs
As winter sets in Lesotho, groups of textile workers are searching for jobs in the national capital of Maseru after a US tariff policy sent the industry into turmoil. The policy, announced in April, has heavily impacted Lesotho's export-oriented textile industry, which is its largest private employer, providing
Tariffs
The Trump administration has initiated a national security investigation into imports of wind turbines and their components, citing concerns about foreign supply chains, government subsidies, and potential predatory trade practices. This move could further constrain the US renewable energy industry, leading to additional tariffs and a setback for the sector.
Petroleum exploration
Amid mounting pressure from the Trump administration, India has made it clear that any trade deal with the US will be driven by national interest, rather than geopolitical considerations. India faces the prospect of 50% tariffs on its goods exported to the US, effective August 27. External Affairs Minister S
Canadians
Canadian Trade Minister Dominic LeBlanc said the decision to drop some retaliatory tariffs on US products puts Ottawa in a better position to negotiate changes to US President Donald Trump's tariffs on key sectors, easing tensions before a review of the critical continental trade agreement. The move follows
Tariffs
India's Ambassador to Russia, Basant Kumar, has stated that his country will continue to purchase oil from Russia, regardless of the US decision to impose increased tariffs on Indian imports. Kumar emphasized that India's energy policy aims to secure reliable supplies for its citizens, and that
Tariffs
The Department of Posts in India has announced a temporary suspension of postal services to the United States, starting from August 25, 2025. The move comes in response to an Executive Order issued on July 30, 2025, by the U.S. administration, which withdraws the de minimis exemption for duty-free
Tariffs
Global postal services are rushing to stop parcel deliveries to the US ahead of a Trump administration deadline to end a tax exemption on small packages. This decision comes after President Donald Trump announced in July that the US would end the "de minimis" exemption for parcels valued
Tariffs
Federal Reserve Chairman Jerome H. Powell's speech at the annual economic symposium in Jackson Hole, Wyoming, has sparked hopes of a potential rate cut as soon as next month. However, he also warned against an increasingly gloomy economic outlook, which he attributed in part to tariffs imposed by
