Trump, Donald
Major Australian supermarkets and McDonald's have reaffirmed their commitment to sourcing beef from local producers, despite the federal government's decision to loosen restrictions on US beef imports. The retailers, including Coles, Woolworths, and Aldi, have stated that they will continue to source 100% of their fresh
Trump, Donald
As President Trump's trade agenda gains momentum, his administration's use of tariffs to leverage billions of dollars in investments from other nations has raised questions about the effectiveness and sustainability of this approach. The president's "Art of the Deal" tactic, which demands
Tariffs
China's July trade data is due to be released this week, with economists expecting a 5 per cent year-on-year increase in exports and a bumper monthly trade surplus of $103.4 billion. The strength of China's exports, despite declining shipments to the US under Trump'
Trump, Donald
The World Trade Organization (WTO), established in 1995, has seen its legitimacy erode as people feel excluded or left behind by the multilateral trading system. The US, once the WTO's chief architect, now has legitimate concerns about how the system has evolved. American public opinion has also shifted,
Tariffs
The trade war between the United States and China, initiated by President Donald Trump, has resulted in a significant advantage for China, with its economy growing by an average of 5.3 percent in the first half of the year, whereas the US economy grew by only 1.25 percent.
Tariffs
As the news of Donald Trump's second term spread across India, Foreign Minister S. Jaishankar expressed optimism, stating that India is "not one of the countries" that are nervous about the US. However, this optimism has rapidly unraveled, with trade proposals stalling and a barrage of
Tariffs
Swiss luxury goods, including watches and chocolate, could see significant price hikes as a result of US President Donald Trump's tariffs on Swiss exports. The 39% tariff, set to take effect next Thursday, is the steepest export duty imposed on Switzerland, only surpassed by Laos, Myanmar, and Syria.
Trump, Donald
President Trump has upended trade negotiations with India by focusing on the country's purchase of Russian oil, threatening a 25 percent tariff on top of the existing 25 percent levy. India, a leading buyer of Russian energy since the invasion of Ukraine, has been importing oil at a
Trump, Donald
President Donald Trump's sweeping new taxes on imports are set to take effect in a week, aimed at overhauling global trading alliances and leveraging negotiations with top trading partners. The White House has rolled out frameworks for deals with 11 of the United States' top 15 trading
Trump, Donald
In a series of executive orders, US President Donald Trump has imposed tariffs on various countries, affecting global trade and impacting consumers worldwide. The tariffs are set to fall into place in a week, with some countries already seeing the effects. According to the US Census Bureau, the US imported
Trump, Donald
Business owners like Beth Benike are struggling to stay afloat as the US economy faces the brunt of tariffs imposed by President Trump. The tariffs, which were announced in April and have been increasing since then, have led to a significant increase in costs for companies that import goods, with
Trump, Donald
The US economy added a lower-than-expected 73,000 jobs in July, amidst concerns surrounding the ongoing trade war. This figure is a stark contrast to the projections made by forecasters surveyed by Bloomberg, who predicted a drop of around 109,000 jobs. The unemployment rate has also risen to 4.
