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Keywords: Tariffs


India to slash European car tariffs to 40 percent in trade deal

India is set to reduce tariffs on European car imports from 110% to 40% as part of a historic trade agreement with the European Union, sources told Reuters. The move marks the largest opening of India’s automotive market to European manufacturers to date. Under the agreement, which could be signed......

Trump threatens Canada with 100% tariffs over potential trade deal with China

US President Donald Trump has warned that Canada could face tariffs of up to 100% on its exports to the United States if Ottawa moves forward with a trade agreement with China. The threat follows Canada’s announcement of a preliminary commercial understanding with Beijing earlier this month. In......

Global leaders clash over trade, tariffs and technology at Davos

World leaders, top policymakers and corporate executives convened in Davos, Switzerland, for the 56th annual meeting of the World Economic Forum, held under the banner of promoting dialogue at a moment of deepening geopolitical rifts and economic uncertainty. Over the course of the week, nearly 3,000......

Silver surges to record high amid Trump's Greenland tariff threats

Silver prices soared to a fresh all-time peak of $94.73 per ounce on Monday, fueled by surging safe-haven demand as investors grappled with escalating trade tensions sparked by President Donald Trump's tariff threats over Greenland. The metal has rocketed more than 32% in January alone and around......

Trump heads to Davos amid EU tariff tensions over Greenland

President Donald Trump is set to take center stage at the World Economic Forum in Davos, Switzerland, where escalating trade frictions with European allies over his renewed push to acquire Greenland threaten to overshadow the annual gathering of global leaders. The 56th forum, running from January 19......

Trump threatens tariffs amid reports France may reject Gaza peace board

U.S. President Donald Trump has threatened to impose sharply increased tariffs on French wines and champagnes following reports that France may decline to join a U.S.-led international Board of Peace focused on the Gaza conflict. Speaking to reporters on Monday after attending a college football championship......

Germany warns EU could deploy anti-coercion tools against Trump's tariffs

European leaders have united in response to U.S. President Donald Trump's tariff threats, with Germany's finance minister declaring that a breaking point has been reached. Speaking at a joint press conference in Berlin alongside his French counterpart, Lars Klingbeil emphasized that the European......

Trump claims NATO warned Denmark of Russian threat to Greenland

President Donald Trump escalated his push to acquire Greenland on Sunday, asserting that NATO has been alerting Denmark for two decades about a Russian security threat near the Arctic territory. He framed this as a key rationale for U.S. control, though the claim drew sharp rebuttals from Danish military......

Italy's Meloni calls Trump's Greenland tariffs an error

Italian Prime Minister Giorgia Meloni broke ranks with U.S. President Donald Trump on Sunday, labeling his tariff threats against European nations over Greenland a "mistake" and urging dialogue to avert escalation. Speaking to reporters during a South Korea visit, she disclosed a recent direct......