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Keywords: Tariffs


Trump doubts meeting with Xi Jinping after announcing new 100% tariffs on Chinese goods

The meeting between U.S. President Donald Trump and Chinese leader Xi Jinping appears increasingly unlikely after Washington announced a new round of punitive tariffs and export restrictions targeting China. On Friday, Trump declared that the United States would impose additional 100% tariffs on all......

Novartis explores solutions to curb rising drug prices in the United States

The Swiss pharmaceutical giant Novartis is seeking ways to make medicines more affordable in the United States, amid growing pressure from the Trump administration and the threat of steep tariffs on the industry. Chief Executive Officer Vasant Narasimhan told the Swiss daily Neue Zürcher Zeitung......

ExxonMobil explores selling UK and Belgian chemical plants in $1 billion deal

ExxonMobil is considering selling its chemical plants in the United Kingdom and Belgium as part of a broader strategic shift, reflecting growing challenges for the European chemical industry. According to a report by the Financial Times on September 3, the American energy giant has initiated preliminary......

France halts US-bound parcels as new tariffs disrupt trade

France’s national postal service, La Poste, has suspended business parcel deliveries to the United States, joining several European operators in response to upcoming import tariffs imposed by the Trump administration. The decision, effective Monday, excludes personal gifts valued under $100, which......

US hikes tariffs on Indian imports to 50% over Russian oil purchases

The United States has increased its tariff on Indian imports from 25% to 50%, in a move aimed at punishing New Delhi for its continued purchases of Russian oil. The decision, announced earlier this month by President Donald Trump, reflects Washington’s frustration with Moscow’s refusal to......

Trump welcomes Canada’s decision to lift tariffs on US products

US President Donald Trump described as “nice” Canada’s decision, announced on Friday, to lift retaliatory tariffs previously imposed on certain American products that comply with the United States–Mexico–Canada Agreement (USMCA). Speaking from the Oval Office, Trump referred......

India strengthens ties with China as U.S. relations falter under Trump

India-China relations thaw amid border discussions India and China are witnessing a notable warming of ties as U.S.-India relations face growing strain under President Donald Trump. Chinese Foreign Minister Wang Yi is visiting New Delhi for the first time in over three years to meet with National Security......

Trump to announce semiconductor tariffs in the coming weeks

U.S. President Donald Trump announced on Friday that he plans to unveil new tariffs on semiconductors in the “next week or the following week,” ahead of his trip to Alaska to meet Russian President Vladimir Putin. “I will announce new tariffs next week or the week after, on steel and,......

Donald Trump imposes 100% tariffs on imported chips and semiconductors

Major tariff hike targets global tech supply chains US President Donald Trump announced plans to impose 100% tariffs on imported chips and semiconductors, a move poised to reshape the global technology landscape. Speaking from the White House on August 6, Trump stated, "We will implement significant......