Tag: International trade
Trump Delays 50% Tariffs on EU to July 9: What You Need to Know
President Donald Trump met with European Commission President Ursula von Der Leyen at the World Economic Forum in Davos, Switzerland on Tuesday, Jan. 21, 2020. According to Trump, he agreed to extend the 50%...
Trump proposes 50% tariff on EU, rejects trade deal with bloc
President Donald Trump went on a Twitter rant on Friday, spewing about his frustrations with the European Union and threatening to slap them with a hefty 50% tariff starting June 1. According to Trump,...
Trump Urges Walmart to Absorb Tariffs, Threatens Price Hikes
People were out shopping at a Walmart in Rosemead, California, on April 11, 2025. The scene was bustling as customers browsed the aisles for deals and essentials. President Donald Trump took to Truth Social...
Trump’s Stance on Tariffs: No Rush to Make Deals
U.S. President Donald Trump was spotted hanging out with Canadian Prime Minister Mark Carney (he didn't want to be in the picture) in the Oval Office at the White House in Washington, D.C., U.S....
Warren Buffett Criticizes Tariffs: Trade Shouldn’t Be Weaponized
Warren Buffett went on a bit of a rant in Omaha, Nebraska, criticizing President Trump's trade policy. He didn't call out Trump by name, but he made it clear that he thinks slapping tariffs...
White House Criticizes Amazon: ‘Hostile Tariff Cost Report’
So, like, the White House totally slammed Amazon on Tuesday for, like, planning to show the cost of Trump's tariffs next to product prices, which is apparently a big no-no in their book. White...
Trump confirms ongoing trade talks with China despite Beijing’s denial
US President Donald Trump, fresh off Marine One, landed at Leesburg Executive Airport Landing Zone in Leesburg, Virginia on April 24, 2025. Trump confirmed ongoing trade talks with China despite Beijing saying there weren't...
Trump’s Announcement on 25% Tariffs and Canada-Mexico Deal
President Donald Trump announced on Monday that he would impose 25% tariffs on goods coming from Canada and Mexico, signaling the end of hopes for a trade deal that could have averted a potential...
Warren Buffett Criticizes Trump’s Tariffs as Tax on Goods
Renowned investor Warren Buffett recently shared his thoughts on President Donald Trump's tariffs, cautioning that these punitive measures could ultimately lead to inflation and negatively impact consumers. Speaking at a press conference during the...
Tariffs on Canada and Mexico Will Proceed
President Donald Trump made a bold statement on Monday, confirming that the extensive U.S. tariffs imposed on imports from Canada and Mexico would move forward as planned when the month-long delay on their implementation...
Trump Unveils Reciprocal Tariff Plan with More Changes Ahead
President Donald Trump unveiled his ambitious plan to implement reciprocal tariffs on foreign nations during a press event in the Oval Office at the White House on February 13, 2025. Joined by Secretary of...
China imposes 15% tariffs on select U.S. imports from Feb. 10
China's Announcement of 15% Tariffs on U.S. Imports Sparks Trade TensionsIn a move that shocked the global market, China recently unveiled a series of retaliatory measures against the United States on Tuesday. This announcement...
Trump Delays Tariffs on Canada Imports for 30 Days
The article discusses the recent decision by President Donald Trump to delay the implementation of tariffs on imports from Canada for 30 days. This pause was announced by Canadian Prime Minister Justin Trudeau following...
Trump Delays Mexico Tariffs After Border Troops Agreement
President Trump has just announced a significant development in the ongoing trade war with Mexico, stating that he will be delaying the implementation of new tariffs on Mexican goods for a period of one...
How Tariffs on Canada, China, and Mexico Impact U.S. Consumers: Analysis and Effects
Impact of Tariffs on Global Trade and U.S. Consumers: A Deep DiveThe looming tariffs on Canada, China, and Mexico, set to take effect on February 1st, have sparked widespread concerns among economists and consumers...
Trump trade memorandum delays implementation of new tariffs on first day
President-elect Donald Trump has made a noteworthy decision to delay the implementation of new tariffs on his first day in office. This move comes as a surprise to many, considering his strong stance on...
Chinese Smartphone Maker Enters Indonesia Amid Apple Sales Ban Negotiations
Chinese Smartphone Maker Honor Launches in IndonesiaChinese smartphone maker Honor, a spinoff of Huawei, has announced its plans to enter the Indonesian market by the end of March. This move comes as Indonesia has...
Trump considering changes to tariff plans: What you need to know
President-elect Donald Trump is considering a new plan that could shake up global trade dynamics as we know them. According to a recent report from The Washington Post, Trump is contemplating changes to his...
Trump’s Plan to Transform Germany’s Auto Giants into American Companies
Trump's Plan to Transform Germany's Auto Giants into American CompaniesRepublican Presidential candidate, former U.S. President Donald Trump has made a bold statement about the future of Germany's auto industry. During a campaign rally in...
Understanding the NISA Program and its Impact on Japanese Yen Depreciation
The Japanese Yen (JPY) faced challenges in the foreign exchange (FX) markets due to Japanese individuals making overseas asset purchases through the Nippon Individual Savings Account (NISA) program. This tax-free investment scheme has led...
Deutsche Bank Analysis: Trump Presidency and China Tariffs Impact on EUR/USD Parity
Deutsche Bank's George Saravelos recently shared his insights on the potential impact of a Trump presidency and China tariffs on the EUR/USD parity. In a conversation with Bloomberg TV, Saravelos emphasized the repercussions of...
Pound Sterling Rises as UK Starmer Wins and Fed Rate-Cut Bets Increase
The Pound Sterling is showing strength against the US Dollar as expectations for Federal Reserve rate cuts in September have increased. This positive momentum is attributed to Keir Starmer's significant win in the UK...
Japanese Yen Strengthens as US Dollar Weakens on Fed Rate Cut Expectations
The Japanese Yen has been gaining strength against the US Dollar due to challenges faced by the USD following weaker-than-expected US employment growth data released on Friday. This has led to speculation that the...
UK General Elections Boost Pound Sterling’s Gains: What’s Next?
The Pound Sterling has been on the rise lately, gaining strength against the US Dollar. This increase in value can be attributed to the weaker economic data coming out of the United States. As...
Dedollarisation: Transitioning to a Multipolar World Economy
In the first half of 2024, there has been a noticeable increase in the momentum of dedollarisation in the global financial landscape. This movement is primarily fueled by a variety of geopolitical, economic, and...
Eurozone PMI Data Causes EUR/USD Drop Below 1.0700
EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of the US Dollar. The Eurozone's Composite PMI unexpectedly declined to...
Achieving Stable FX Levels in Japan: Benefits and Strategies
Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, recently emphasized the importance of achieving stable foreign exchange (FX) levels in the country. According to Hayashi, having stable FX levels is desirable as it helps to maintain...
Canada: America’s NAFTA Rival
America and Canada share a significant trade relationship. President Donald Trump recently met with Canada's Prime Minister Justin Trudeau for the first time. During a news conference, Trump praised the trade relationship between the...
Mexican Peso Strengthens Following Positive Economic Data
The Mexican Peso has been trading in a tight range on Tuesday as it bounces back from the sell-off that occurred after the elections. President-elect Claudia Sheinbaum is working to reassure the markets with...
Mexico’s Plan to Impact American Corn Farmers
Mexico is considering making a significant change that could have a big impact on American corn farmers. Mexican senator Armando Rios Piter, who leads a congressional committee on foreign relations, announced that he will...
Understanding the Surge in Ocean Freight Container Shipping Rates
Ocean freight container spot rates have seen a significant increase on major trade routes since the beginning of May, leading to speculation that the peak season has arrived earlier than expected in 2024. The...
ZhejiangPictorial | China’s Yiwu sees surges in orders as Paris 2024 approaches
ZhejiangPictorial | China's Yiwu Experiences Surge in Orders Ahead of Paris 2024 OlympicsYiwu, a renowned small commodities manufacturing hub located in east China's Zhejiang Province, is currently experiencing a significant increase in production orders...

































