Tariffs
Brazil has requested consultations at the World Trade Organization (WTO) over tariffs imposed by US President Donald Trump, which went into effect on Wednesday, amidst a high-profile diplomatic spat. The move follows a public declaration of support by Brazilian President Luiz Inácio Lula da Silva for embattled former President Jair
Tariffs
In a bid to aid apparel and footwear professionals in making informed decisions amidst global trade uncertainty, the American Apparel and Footwear Association (AAFA) is hosting a webinar featuring experts in the field. According to the AAFA, Ana Hinojosa, Executive Director of Government and Regulatory Affairs at Oritain, and Ben
Tariffs
As the Ukrainian conflict enters its third year, former US President Donald Trump has launched a brazen economic blackmail campaign against India, threatening sweeping tariffs on all Indian imports unless New Delhi abandons its strategic oil imports from Russia. Trump's move is seen as a desperate attempt to
Tariffs
As the US President's tariffs are set to take effect, Donald Trump has announced an additional 25% tariff on Indian imports, bringing the total rate to 50%. This decision comes a day before the tariffs were due to come into effect, and is part of Trump's
Tariffs
In a bold move, US President Donald Trump has imposed an additional 25% tariff on India, taking the total duty on Indian goods to 50%. This decision comes after days of Trump's threats to impose extra levies on India over its purchase of Russian oil. Trump alleged that
International trade
The US government has announced a 25% tariff increase on goods imported from India, citing New Delhi's continued purchase of Russian oil. This decision raises the total tariff rate on Indian goods to 50%, one of the highest rates imposed on any US trading partner. The move follows
Tariffs
Prime Minister Narendra Modi has urged Indians to prioritise Indian-made, Swadeshi goods in response to mounting global economic uncertainty and the United States' decision to impose a 25 per cent tariff on Indian exports. Speaking in his Varanasi constituency, Modi appealed for a cross-party, grassroots movement to reinforce domestic
Tariffs
Michigan Democratic Party members are attacking Mike Rogers, a Republican seeking the Senate nomination, for his support of President Trump's tariffs, which they say harm Michigan families and businesses. Rogers has dismissed the tariffs' economic impact as a minor issue, likening it to a "shoe that
Tariffs
Brazilian Finance Minister Fernando Haddad announced a tailored aid package to support sectors hit by the 50% US tariff hike, focusing on businesses producing custom-made goods that cannot easily adapt to other export markets. This move is part of a broader government strategy that includes negotiating expanded exemptions with Washington
Tariffs
South Africa's poultry industry is again being made to bear the brunt of the country's efforts to secure a trade deal with the United States. The government has proposed increasing access to South African markets for US poultry producers, which would simplify US exports under the
Tariffs
The trade deal reached between the US and several global economies, including the EU, Japan, and South Korea, has left many countries struggling with the consequences of tariffs. The US has seen its average tariff rate rise from 3% to 20%, while consumers will benefit less from imports and American
Tariffs
US President Donald Trump on Monday launched a scathing criticism of India for purchasing Russian oil, accusing New Delhi of profiting from the war in Ukraine and warning of a "substantial" increase in tariffs. The US President made his remarks on Truth Social, expressing his frustration with India&
