Keywords: US Tariffs


German chancellor Merz deepens China ties and warns US on tariffs

German Chancellor Friedrich Merz said he will pursue strategic partnerships with China during a visit next week, signaling a shift toward closer economic engagement with Beijing as trade tensions with Washington continue to simmer. Speaking to supporters at his Christian Democratic Union’s Ash......

Nissan forecasts $4.2 billion annual loss amid restructuring

Nissan said it expects a net loss of 650 billion yen, or about $4.2 billion, for the fiscal year ending in March as the Japanese automaker grapples with US tariffs and an extensive global restructuring program. The company also reported a 44 percent drop in third quarter operating profit to 17.5 billion......

Japan’s economy contracts amid export slump and tariff pressures

Japan’s economy contracted by 1.8% on an annualized basis in the third quarter of 2025, marking its first decline in six quarters as US tariffs weighed heavily on exports. The quarter-on-quarter drop of 0.4% was milder than economists’......

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......

US tariffs ignite global trade tensions and economic uncertainty

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......

India’s oil trade with Russia strains ties with the US

India’s ongoing purchase of Russian oil has been described as a “point of irritation” by US Secretary of State Marco Rubio, who highlighted its impact on the strategic partnership between New Delhi and Washington. Speaking in an interview with Fox Radio, Rubio acknowledged India’s......

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%,......

EU and Mexico leaders condemn Trump's 30% tariffs, call for unity and negotiation

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......

Bank of Spain lowers 2025 growth forecast amid US tariff uncertainty

Spain’s central bank has revised its 2025 economic growth forecast downward, citing the impact of US tariffs and the risk of a global economic slowdown. The Bank of Spain now predicts the country’s GDP will grow by 2.4% this year, a reduction from its earlier estimate of 2.7%. The decision......