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Keywords: US Tariffs


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......

ASEAN strengthens ties with China and Gulf states amid US tariff tensions

In an effort to safeguard their trade-dependent economies from escalating US tariffs, Southeast Asian leaders have launched their first-ever joint summit with China and the Gulf Cooperation Council (GCC). The meeting is being held in Kuala Lumpur, Malaysia, during the second day of the annual ASEAN summit. Malaysia,......

Taiwan’s president urges peace with China while preparing for conflict

Taiwan’s President Lai Ching-te marked one year in office by emphasizing the island’s desire for peace and dialogue with China, while stressing the importance of strengthening its defenses. Despite repeated calls for talks, China, which labels Lai a "separatist," has refused engagement......

US tariff pause on China and its impact on global manufacturing hubs

A recent agreement between the United States and China to pause tariffs has shifted the dynamics for manufacturing hubs such as Mexico and Vietnam. These countries now face pressure to negotiate favorable trade deals with the U.S. to continue benefiting from the "China-plus-one" strategy used......

US VP Vance's visit to India amid trade tensions with Washington

US Vice President JD Vance has arrived in India for a four-day visit, with trade negotiations and a potential bilateral deal with the US at the forefront. The visit comes as India aims to avoid new US tariffs and solidify ties with President Donald Trump’s administration. On the first day, Vance......

South Korea Boosts Chip Industry Aid to Navigate US Tariff Risks

South Korea has increased its semiconductor industry support package to 33 trillion won (approximately $23.25 billion), marking a 25% rise from the 26 trillion won announced last year. This move aims to bolster the nation's strategic chip sector amid growing uncertainties surrounding U.S. trade policies......

Spain's strategic diplomacy amid US tariff tensions

In the wake of the US imposing tariffs on the European Union, Spain's Minister of Economy, Commerce, and Business, Carlos Cuerpo, is heading to Washington for crucial meetings. Cuerpo will discuss the potential impacts of the 20% tariff threat with US Treasury Secretary Scott Bessent and other key......

Australia rejects China’s call to unite against US tariffs

Australia has firmly turned down China’s proposal to collaborate in opposing U.S. trade tariffs, signaling a strategic shift toward reducing its economic dependence on Beijing. Deputy Prime Minister Richard Marles emphasized on Thursday that Canberra will not align with China in global trade disputes,......