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Keywords: Trade tensions
Canada announced on Thursday it will cut duty-free import quotas for General Motors (GM) and Stellantis by up to 50%, escalating tensions in the North American automotive trade dispute triggered by former President Donald Trump’s tariffs. The decision is a response to both automakers scaling back......
China has accused the United States of applying “double standards” after President Donald Trump announced an additional 100% tariff on Chinese goods, set to be added to existing duties. Trump justified this move as a response to what he described as China’s “extraordinarily aggressive......
A total of 88 countries have either fully or partially suspended their postal services to the United States, causing a drop of over 80% in mail traffic to the country following the imposition of new tariffs by Washington, the United Nations postal agency announced on Saturday. The Universal Postal Union......
The European Commission has formally submitted the EU-Mercosur trade agreement for ratification, signaling a critical step in the world's largest proposed free trade pact. This development comes amidst signs of softening opposition from France, traditionally one of the deal’s most vocal critics.......
The price of gold surged to an unprecedented $3,516 per ounce on Tuesday, propelled by mounting economic uncertainty that drove investors away from equities. The precious metal briefly hit $3,516.31 during Asian trading before settling near $3,508.50, marking a significant milestone in its continued......
Indian Prime Minister Narendra Modi is preparing for a pivotal visit to China this weekend, marking his first trip to the country in seven years. The visit comes during heightened trade tensions with the United States, as New Delhi seeks to recalibrate its foreign relations and economic strategy. Strategic......
New tariffs reshape international trade dynamics US President Donald Trump has implemented sweeping tariffs on imports from over 90 countries, sparking diplomatic tensions and economic anxiety worldwide. The tariffs aim to address what the administration views as a skewed global trade system. On his......
President Donald Trump's recent diplomatic overture toward Pakistan, including a high-profile meeting with Pakistan’s military chief, has triggered alarm in New Delhi and prompted India to reassess its foreign policy posture, particularly its relations with China. According to Indian officials,......
European leaders and Mexican President Claudia Sheinbaum have strongly criticized US President Donald Trump's announcement of 30% tariffs on imports from the European Union and Mexico. While expressing disappointment at the move, both parties emphasized the importance of dialogue and unity in avoiding......