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Keywords: Trade war


US and China extend tariff truce, averting trade escalation

The United States and China have agreed to extend their tariff truce for an additional 90 days, preventing a sharp rise in duties that risked further straining trade relations between the two economic superpowers. US President Donald Trump announced the decision on Monday, revealing an executive order......

European Union prepares trade retaliation in response to U.S. tariff threats

The European Commission proposed on Monday possible retaliatory measures worth up to 72 billion euros, should the United States impose 30% tariffs on imports from the European Union. The announcement came after a meeting of EU trade ministers in Brussels. “We prioritize negotiation, but we are......

EU and South Korea seek urgent trade deals to avoid Trump’s looming tariffs

The European Union and South Korea are scrambling to reach trade agreements with U.S. President Donald Trump before the August 1 deadline, as Washington threatens to impose a 30% tariff on most imports from the EU and Mexico, with similar warnings extended to countries like Japan and South Korea. White......

European stock markets stumble amid new US tariffs

European stock markets opened mostly lower on Monday after former US President Donald Trump announced over the weekend a new wave of tariffs — 30% duties on goods imported from the European Union and Mexico — triggering fears of escalating trade tensions. In early trading, Paris lost 0.58%,......

Chinese exporters race to meet looming U.S. tariff deadline amid trade uncertainty

China's export sector saw renewed momentum in June as businesses accelerated shipments ahead of a major U.S. tariff deadline set for August. The spike in activity comes amid growing uncertainty over whether Washington and Beijing can establish a lasting trade agreement. According to Chinese customs......

US and China resume talks in London to prevent trade war

Top officials from the United States and China are set to meet in London in a renewed effort to preserve a delicate agreement on tariffs and prevent a full-scale trade war that has unsettled global markets and raised concerns of a worldwide recession. This high-stakes meeting, scheduled for Monday,......

Us and China agree to reduce tariffs, signaling trade war pause

The United States and China have reached a historic agreement to significantly reduce tariffs on each other’s goods for a period of 90 days, marking a pivotal moment in their ongoing trade relations. This accord, announced by US Treasury Secretary Scott Bessent, emerged from negotiations held over......

Canada’s Liberal Party Wins Election Dominated by Trump’s Trade War

Canada’s Liberal Party has secured a fourth consecutive term in an election shaped by escalating trade tensions with the United States under President Donald Trump. Prime Minister Mark Carney, a former economist and banker who assumed office in March, positioned himself as a defender of Canadian......

Trump states lower tariffs depend on China amid lawsuit over trade war

US President Donald Trump reaffirmed his intention to reduce the high tariffs imposed on China but emphasized that the timeline for any potential relief hinges on the actions of Beijing. Speaking to the press at the White House, Trump mentioned that he could announce new tariff rates on US trade partners,......