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Keywords: Tariffs
Honda Motor reported a sharp fall in profits as U.S. import tariffs, weakening demand for electric vehicles, and ongoing semiconductor supply disruptions continued to weigh on performance. The Japanese automaker said net profit for the nine months through December fell 42 percent from a year earlier......
Former U.S. president Donald Trump announced that several South Korean products will now face tariffs of up to 25%, citing delays by the South Korean Parliament in ratifying a bilateral trade agreement. The decision marks a new escalation in trade tensions between Washington and Seoul. In a statement......
Canadian Prime Minister Mark Carney stated Sunday that Canada holds no intention of seeking a free trade deal with China, rebuffing President Donald Trump's threat of 100% tariffs on all Canadian goods if Ottawa inks a broader trade pact with Beijing. "We have no intention of doing so with......
India is set to reduce tariffs on European car imports from 110% to 40% as part of a historic trade agreement with the European Union, sources told Reuters. The move marks the largest opening of India’s automotive market to European manufacturers to date. Under the agreement, which could be signed......
US President Donald Trump has warned that Canada could face tariffs of up to 100% on its exports to the United States if Ottawa moves forward with a trade agreement with China. The threat follows Canada’s announcement of a preliminary commercial understanding with Beijing earlier this month. In......
World leaders, top policymakers and corporate executives convened in Davos, Switzerland, for the 56th annual meeting of the World Economic Forum, held under the banner of promoting dialogue at a moment of deepening geopolitical rifts and economic uncertainty. Over the course of the week, nearly 3,000......
Silver prices soared to a fresh all-time peak of $94.73 per ounce on Monday, fueled by surging safe-haven demand as investors grappled with escalating trade tensions sparked by President Donald Trump's tariff threats over Greenland. The metal has rocketed more than 32% in January alone and around......
President Donald Trump is set to take center stage at the World Economic Forum in Davos, Switzerland, where escalating trade frictions with European allies over his renewed push to acquire Greenland threaten to overshadow the annual gathering of global leaders. The 56th forum, running from January 19......
U.S. President Donald Trump has threatened to impose sharply increased tariffs on French wines and champagnes following reports that France may decline to join a U.S.-led international Board of Peace focused on the Gaza conflict. Speaking to reporters on Monday after attending a college football championship......