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Tariffs
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U.S. President Donald Trump is expected to impose new tariffs on dozens of countries as early as this week.
Svmuu News: U.S. President Donald Trump is expected to impose new tariffs on dozens of countries as early as this week. (Financial Times)
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The U.S. Imposes a 25% Tariff on Certain Brazilian Goods
Svmuu News: The Office of the United States Trade Representative (USTR) announced on the 15th (local time) that, pursuant to instructions from U.S. President Donald Trump, U.S. Trade Representative Gr
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Donald Trump: If European countries impose a digital services tax on U.S. companies, they will be subject to a 100% tariff
Svmuu News: U.S. President Donald Trump stated that many European countries have been discussing the imposition of a digital services tax on U.S. companies. Some of these countries are close to implem
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US and China agree on tariff relief for $30bn of nonsensitive goods each
The White House announced late Friday that the U.S. and China have agreed on recommendations for "more favorable tariff treatment" covering $30 billion of nonsensitive products traded in each directio
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Chinese Orders to US "Unexpectedly" Jump Ahead of Summit, Companies Prepare for Trade Stability, Survey Shows
Orders for Chinese goods from US companies saw an unexpected surge in the weeks leading up to the recent US-China summit, according to a survey by New York research firm China Beige Book. The index me
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EU urges UK to raise tariffs on Chinese cars to avoid 'made in Europe' barriers
The European Union is urging the UK to raise tariffs on Chinese cars to prevent the creation of 'made in Europe' barriers. London has been lobbying intensely for equal treatment of British products bu
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China's Ministry of Commerce confirmed holding its first AI talks with the United States and discussed tariff reductions and the extension of trade arrangements; this follows earlier statements from US Treasury Secretary Scott Bessent that both sides had agreed to extend the trade truce until January next year.
China's Ministry of Commerce confirmed on Thursday that its senior trade negotiators have held their first artificial intelligence talks with the United States. Spokesperson He Yadong stated that both
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India Halves Import Taxes on Crude Palm and Soybean Oils to Ease Local Prices Ahead of Festive Season
India, the world's largest buyer of edible oils, has halved import taxes on crude palm and soybean oils. This measure is aimed at reducing local food costs as the country approaches its festive season
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US Treasury Secretary Scott Bessent met again with Chinese Vice Premier He Lifeng in Washington, where both sides agreed to exclude non-sensitive goods to avoid future tariff actions; Chinese President Xi Jinping will arrive in the US for a summit with Donald Trump.
U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met again on the morning of September 23, Washington time, with Bessent stating the meeting aimed to address "unfinished busine
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Goldman Sachs Analysis: U.S. Inflation Overestimated Due to Temporary Tariffs and AI Statistical Bias
In its global economic analysis report published on September 22, Goldman Sachs noted that while US core inflation appears higher than most economies, after excluding two temporary factors unique to t
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US Treasury Secretary Bessent Discusses Tariffs with China
US Treasury Secretary Bessent Discusses Tariffs with China
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US LNG Producers to See Opportunities if Trump and Xi Ease Tariffs
US LNG Producers to See Opportunities if Trump and Xi Ease Tariffs
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U.S. officials stated that U.S.-China talks made progress on tariff exemptions and AI dialogues, laying the groundwork for a summit between the two heads of state.
U.S. senior officials stated on Sunday that the U.S. and China have agreed to exempt "non-sensitive" goods from future tariff actions and establish formal dialogue channels on artificial intelligence.
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Trump's 50% tariff on Canadian dairy products has led to stalled sales in the U.S., leaving Canadian dairy farmers with a milk surplus.
Canadian dairy exports to the United States have largely ceased since US President Donald Trump imposed a 50% tariff on C$20 billion worth of Canadian goods, including dairy products, on August 22. Ca
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WSJ Opinion: Treasury Secretary Bessent Faces Predicament Amid 5% 10-Year Yields, Tariffs Blamed for Bond Busting
The Wall Street Journal's opinion piece highlights that 10-year Treasury bond yields are around 5%, leading to higher borrowing costs for Treasury Secretary Scott Bessent. The article points out that
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US companies, especially manufacturers and retailers, are being squeezed by tariffs, soaring fuel costs from Iran war, and rising interest rates
American companies, particularly those in manufacturing, auto supply, retail, and transportation, are facing a triple squeeze. Tariffs under Trump's trade policies are increasing raw material costs, t
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Trump criticizes Supreme Court decisions on tariffs and birthright citizenship, claims they cost U.S. trillions of dollars
Donald J. Trump stated on Truth Social that the United States Supreme Court has lacked the courage to "MAKE AMERICA GREAT AGAIN." He claimed that over the last 6 months, the Court's "faulty, political
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Mexico's Sheinbaum says she spoke with Trump, seeking tariff decrease in ongoing trade negotiations
Mexican President Claudia Sheinbaum stated she had a "very good" phone call with Donald Trump on Wednesday, aiming for a bilateral trade deal that would reduce US tariffs on Mexican products like stee
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Canadian PM Carney welcomes EU associate membership proposal; Trump threatens tariffs if alliance proceeds
Canadian Prime Minister Mark Carney stated in the European Parliament that Canada welcomes the prospect of becoming the EU’s first associate member, aiming to be a “beacon for democracies” rather than
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European carmakers warn EU-UK tariffs could be ‘catastrophic’
European carmakers argue that stricter rules of origin should be delayed to allow more time for supply chains to be established, warning that new EU-UK tariffs could be ‘catastrophic’ for the industry
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India warns US that new tariffs of up to 100% on Russian oil purchases could impact bilateral ties
India's foreign ministry stated on Thursday that it is firmly committed to ensuring energy security for its 1.4 billion people and will take all necessary measures to protect its trade and economic in
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White House: Trump Administration Imposed 25% Tariffs on Upholstered Wooden Furniture to Protect North Carolina Industry
The White House report on President Trump's achievements in North Carolina noted the administration's efforts to protect the state's furniture industry. This included imposing Section 232 tariffs on i
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The U.S. House of Representatives is expected to pass a comprehensive sanctions bill against Russia on Wednesday, allowing the President to impose tariffs of up to 100% on countries such as China and India that purchase Russian oil and gas.
The bill, introduced by the late Senator Lindsey Graham, aims to punish Russia for its ongoing invasion of Ukraine. The bill would also sanction Russian leaders, officials, and financial institutions,
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US and China Discuss Cutting Tariffs on American Energy and Agricultural Products Ahead of Next Week's Leaders' Summit
The discussions aim to solidify prospects for an extension to the US-China trade truce.
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Trump wrote the foreword for Brian Pannebecker's new book, reiterating support for tariffs and "MADE IN THE U.S.A." policies
Trump wrote the foreword for Brian Pannebecker's new book, "Blue Collar Conservative: From Reagan to Trump," stating that tariffs are required to "MAKE AMERICA GREAT AGAIN" and praising Pannebecker fo
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Nissan Americas Chairman Christian Meunier Says US Auto Tariffs Forced Company to Accelerate US Production
Christian Meunier, chairman of Nissan Americas, stated that while US auto tariffs have been challenging to manage, they ultimately compelled Nissan to accelerate its localization and production effort
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Germany to Lobby EU on New China Policy, May Seek More Tariffs
Germany to Lobby EU on New China Policy, May Seek More Tariffs
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Tariffs
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