The trade deal signed between U.S. President Donald Trump and British Prime Minister Keir Starmer lowering some tariffs on imports from Britain has come into effect, the British government said on Monday. British car manufacturers will now be able to export to the U.S. under a reduced 10% tariff quota from an earlier 27.5%, while … Read more
Chinese President Xi Jinping called for stronger industrial and supply chain cooperation with Vietnam and wider collaboration in emerging fields. File | Photo Credit: Reuters Chinese President Xi Jinping called for stronger industrial and supply chain cooperation with Vietnam and wider collaboration in emerging fields, the Chinese Foreign Ministry said on Monday (April 14, 2025), … Read more
After announcing on Monday tariffs on all steel and aluminium imports beginning March 12, US President Donald Trump will announce reciprocal tariffs on every country that charges duties on US imports. His tariff plans have ratcheted up fears of a widening global trade war, drawing condemnation from Mexico, Canada and the European Union, while Japan … Read more
The United States Trade Representative (USTR) on Wednesday announced punitive tariffs on India and five other countries over their digital services taxes (DST), but immediately suspended the levies to allow time for international tax negotiations to continue. The USTR said the goods that would face the punitive tariffs had an estimated trade value of about … Read more