Tariffs
President Donald Trump has reiterated his focus on domestic manufacturing, aiming to produce high-value goods such as computers, chips, tanks, and ships within the US. In response to Treasury Secretary Scott Bensent's comment on the textile industry's decline, Trump stated that the US is not looking
Tariffs
US President Donald Trump and UK Prime Minister Kier Starmer announced an agreement on the General Terms of the Economic Prosperity Deal (EPD) between the United States and the United Kingdom on 8 May 2025. Although not a binding agreement, the EPD aims to enhance economic cooperation and promote reciprocal
Tariffs
Asian stocks were mixed on Monday after Donald Trump reignited the trade war by threatening the European Union with 50% tariffs, only to delay their implementation until July 9. The US president's latest gambit sent markets teetering, with investors trying to navigate the uncertain path ahead. Key Takeaways:
Tariffs
As US President Donald Trump decided to delay the imposition of steep new tariffs on European Union goods until July 9, temporary relief has been granted to negotiators as talks between Washington and Brussels continue to stall. The announcement, made on May 26, came just two days after Trump threatened
Tariffs
In a recent Senate Finance Committee testimony, U.S. Trade Representative Jamieson Greer referred to the "reckless and dogmatic pursuit of 'free trade'" by Washington insiders during the late 20th and early 21st centuries. This characterization has been echoed by his predecessor, Katherine Tai, who spoke
Tariffs
As the trade war between the US and EU escalates, President Trump announced plans to impose a 50% tariff on EU exports starting next month, citing stalled talks as the reason. The move comes just two weeks after the US agreed to slash tariffs with China in a deal that
Tariffs
As the trade war between the US and EU escalates, President Trump announced plans to impose a 50% tariff on EU exports starting next month, citing stalled talks as the reason. The move comes just two weeks after the US agreed to slash tariffs with China in a deal that
Tariffs
US President Donald Trump's comments on Thursday sent shockwaves through the market, with Apple's shares falling 4% to a low of $193.46. Trump threatened to impose a 25% tariff on devices manufactured outside the US, as part of a broader warning to the European Union
Tariffs
President Donald Trump has escalated his trade dispute with Apple, threatening the US technology company with a 25 per cent tariff on iPhones unless they are manufactured in the US. This comes as Apple plans to source its iPhones from Indian factories, which would supply the "majority" of
Tariffs
US President Donald Trump on Friday continued his pressure on Apple and other smartphone manufacturers, threatening to impose a 25% tariff on their devices unless they are built in the US. Trump initially singled out Apple, only to later expand the threat to include all smartphone makers, including Samsung and
Tariffs
South-east Asian countries are being pushed to choose between the world's two biggest economies, China and the US, as a result of the growing trade tensions between the two nations. Malaysian trade minister Zafrul Aziz warned that China is seeking parity with the US in trade negotiations, saying
Tariffs
US stocks took a sharp drop on Friday after President Donald Trump announced a threat to impose 50% tariffs on the European Union, which could be implemented as early as June 1. The move was seen as an escalation of the ongoing trade war, with the S&P 500
