Tariffs
The Trump administration's trade war has hit a crucial milestone, with only days left to meet the July 9 deadline for deals with dozens of countries. In a bold prediction, President Trump's trade adviser Peter Navarro said his team would secure 90 deals in 90 days,
Tariffs
India has proposed retaliatory tariffs against the US under the World Trade Organization (WTO) norms, citing the latest American tariffs on automobile imports as a safeguard measure. The proposed tariffs would affect $2.895 billion imports annually into the US from India, resulting in a duty collection of $723.75
Tariffs
The UK was the first country to reach a trade agreement with the US in May, hailed as a blueprint for other US trading partners, but details of the accord are still unclear, unconfirmed, or subject to potential revision. Meanwhile, US tariff revenue surged almost fourfold to a record $24.
Tariffs
President Trump's new trade policy, announced on Wednesday, has left Minnesota farmers worried about another backlash. The tariffs, which will increase prices for hundreds of imported goods, will particularly harm U.S. farmers, who rely on foreign markets to sell their surplus. Minnesota farmers like Bob Worth, who
Tariffs
Canada's dependence on the US market highlights the importance of a new Canada-US trade deal that rolls back tariffs. The resilience of the economy and the labor market will depend on businesses expanding to new markets within Canada and overseas. Canadian investment in infrastructure is crucial for getting
Tariffs
The US economy added 147,000 jobs in June, surpassing economists' predictions of 110,000 new positions and exceeding the revised 144,000 jobs added in May. The strong jobs report comes as the Trump administration's flagship tax and spend bill is set to move closer to
Tariffs
China has hit out at the US-Vietnam trade deal, with the commerce ministry stating that it will take resolute countermeasures to safeguard its legitimate rights and interests if its interests are harmed. The deal was announced on Wednesday and is the second seen as targeting China since President Donald Trump
Tariffs
US President Donald Trump has allegedly threatened to impose 17% tariffs on food and farm produce exports from Europe during recent trade talks in Washington. The tariffs would affect a wide range of European products, including chocolate, butter, and olive oil, which are popular in the US. EU ambassadors were
Tariffs
South Korea's president, Lee Jae Myung, has expressed doubts about the possibility of concluding difficult trade talks with the US before the self-imposed deadline next week, citing the lack of clarity on what both sides want. The talks, which were delayed due to political turmoil in Seoul, are
Tariffs
India's government officials have signaled that the country will impose retaliatory duties on US steel and auto tariffs under World Trade Organisation (WTO) norms, as the chances of a US concession on these items seem slim. This move follows the US decision to levy a 25 per cent
Tariffs
India has expressed its concerns to US Senator Lindsey Graham over a proposed sanctions bill that could impose 500% tariffs on countries purchasing Russian oil, including India. The bill, if approved, could impact India's energy security. India has traditionally sourced its oil from West Asia but has increased
Tariffs
The United States and Vietnam have reached a trade deal, with U.S. President Donald Trump announcing on Wednesday that American goods would enter Vietnam duty-free. However, Vietnamese exports to the U.S. would face a 20 per cent levy. This agreement marks a significant shift from Trump's
