Tariffs
Beijing has consistently defended its ability to withstand President Donald Trump's tariff pressure, and the latest economic data suggest that the world's second-largest economy is indeed weathering the trade war better than many anticipated. Despite a fragile truce in the trade war, Chinese manufacturers have capitalized
Tariffs
President Donald Trump's decision to impose sweeping tariffs on major trading partners, set to take effect on August 1, 2025, marks a dramatic escalation in Washington's ongoing trade battles. The impact of these tariffs will be felt across the US economy, among its allies, and the
Tariffs
U.S. dairy exporters have been unable to penetrate the Canadian market to the degree negotiated under the U.S.-Mexico-Canada Agreement due to Canada's rules around imports. The United States has long argued that Canada's tariff rate quota (TRQ) licence rules are a breach of
Tariffs
The Philippines is exploring alternatives to the United States as a trading partner, driven by concerns over the increasing trade tensions between the two nations. The US imposes a 20% tariff on Philippine goods, with economists debating the advisability of decoupling from the US market. The Philippines' Department of
Tariffs
As Donald Trump throws serious military hardware behind his message to Vladimir Putin about the need for peace talks, the American president's tough talk has never seemed more credible. The label of "tough guy" sticks, particularly after a remark like "I don't want
Tariffs
US President Donald Trump has told Vladimir Putin that the US will impose "very severe tariffs" on Russia if a deal to end the war in Ukraine is not reached within 50 days. The statement was made during an Oval Office meeting with Nato secretary general Mark Rutte.
Tariffs
US President Donald Trump has given Russian President Vladimir Putin a 50-day ultimatum to agree to a peace deal in Ukraine, warning that failure to comply will result in the imposition of 100% tariffs. This marks a significant shift in Trump's stance, as he has previously been seen
Tariffs
The European Union has decided to hold back on retaliation against the United States in a trade dispute, despite a 30% tariff imposed by the US from 1 August. The EU's strategy is to focus on finding a reasonable compromise, which makes economic sense, but the political fallout
Tariffs
Japanese Prime Minister Shigeru Ishiba has taken a stronger stance against US tariffs, warning of a "battle for our national interests" in the face of President Trump's 25% tariffs threat. With parliamentary elections just days away, Ishiba has shifted his tone to appeal to the public,
Tariffs
The European Central Bank is left to ponder the potential consequences of US tariffs on the European Union, which could hit the euro, put equities under pressure, and deepen economic slowdowns, analysts said on Monday. US President Donald Trump's decision to impose a 30% tariff on EU goods
Tariffs
China's economic growth is likely to face significant challenges in the second half of the year, with many economists predicting a slowdown due to the ongoing trade war with the US. Despite a strong first half of the year, with a forecasted growth of 5.3 per cent,
Tariffs
As President Trump's global tariffs begin to take effect in less than a month, doubts are rising about his goal to strike trade deals that open up markets. Despite his initial optimism, Trump's administration has only secured two preliminary deals, with Britain and Vietnam, and the
