World economies reel from Trump's tariffs punch

Trump announced late Thursday that dozens of economies, including the European Union, will face new tariff rates of between 10 and 41 percent.
2 August 2025, 03:47 AM
1 August 2025, 15:13 PM

Trump punishes Brazil with tariffs, sanctions

President Donald Trump ordered massive tariffs on Brazil Wednesday and sanctions against the judge overseeing a trial of his far-right ally Jair Bolsonaro, who is accused of attempting a coup in Latin America's biggest economy.
31 July 2025, 19:54 PM

Trump says US to impose 15% tariff on South Korean goods

Trump added that an additional unspecified "large sum of money" will be invested by Seoul.
31 July 2025, 02:57 AM

'India will protect its farmers, entrepreneurs'

New Delhi responds to US tariffs
30 July 2025, 16:26 PM

Trump eyes 'world tariff' of 15-20% for most countries

Trump told reporters his administration will notify some 200 countries soon
30 July 2025, 07:25 AM

Shirts among 5 products to be hit by Trump's incoming tariffs

China, Vietnam and Bangladesh accounted for more than half of US apparel imports from January through May this year
30 July 2025, 03:50 AM

Most markets rise, euro boosted after EU strikes US trade deal

Investors were also gearing up for a busy week of data, central bank decisions and earnings from some of the world's biggest companies.
28 July 2025, 03:14 AM

US-China set to meet with extension of tariff pause on the cards

Talks between the world's top two economies are slated to happen over two days in the Swedish capital Stockholm
28 July 2025, 03:11 AM

US and EU avert trade war with 15% tariff deal

Donald Trump and Ursula von der Leyen announced the deal at Trump's luxury golf course in western Scotland
28 July 2025, 03:05 AM

Tariff deadline of Aug 1 'firm', no extensions: US commerce secy

'No extensions, no more grace periods. August 1, the tariffs are set,' says Howard Lutnick
27 July 2025, 15:00 PM

Gold price drops

Gold prices slipped on Friday, weighed down by a stronger US dollar and signs of progress in US-EU trade negotiations that dented safe-haven demand.
26 July 2025, 19:39 PM

Pakistan says it’s close to US trade deal

Pakistani Foreign Minister Ishaq Dar said on Friday the United States and Pakistan were “very close” to a trade deal that could come within days, but comments from the US after Dar met with Secretary of State Marco Rubio mentioned no timeline.
26 July 2025, 18:53 PM

Trump auto tariff U-turn gives everyone whiplash

President Donald Trump’s auto tariff U-turn is making everyone carsick.
24 July 2025, 18:00 PM

Eurozone business activity rises for 7th month

Business activity in the eurozone increased for a seventh consecutive month in July, with the pace of expansion hitting an 11-month high, a closely watched survey showed on Thursday.
24 July 2025, 18:00 PM

Trump announces 'massive' Japan trade deal including 15% tariff

Trump has vowed to hit dozens of countries with punitive tariffs if they don't strike a deal with the United States by next month.
23 July 2025, 02:56 AM

Philippines to pay 19% tariff, Trump says

"It was a beautiful visit, and we concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs.
23 July 2025, 02:54 AM

Transshipment is the new dirty word of trade

Where is it from? It’s one of the top questions customs officials must ask of every shipment, alongside what it is and how much it is worth. Donald Trump’s trade war could turn this inquiry on the origin of $3.3 trillion of US goods imports into a quagmire.
22 July 2025, 20:13 PM

Hopes fade for India-US interim trade deal

The prospects of an interim trade deal between India and the United States before Washington’s August 1 deadline have dimmed, as talks remain deadlocked over tariff cuts on key agricultural and dairy products, two Indian government sources said.
22 July 2025, 20:12 PM

ECB expected to hold rates

The European Central Bank is set to hold interest rates for the first time in almost a year when policymakers meet this week, despite concerns over the potential impact of higher US tariffs on the eurozone economy.
21 July 2025, 18:00 PM