EU Suspends 93-Billion-Euro Tariffs Amid Internal Dissent
EU halts 93-billion-euro tariffs on U.S. goods amid internal dissent, offering a six-month pause to rework trade commitments.
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EU halts 93-billion-euro tariffs on U.S. goods amid internal dissent, offering a six-month pause to rework trade commitments.
US President Trump’s plan could impose steep 250% tariffs on foreign-made pharmaceuticals, with chip tariffs also hinted at soon.
Economist Gary Hufbauer slams US tariffs as ‘ridiculous,’ warning of potential inflation hitting consumers this fall.
US tariffs backfire on domestic giants, with GM and Stellantis facing billions in losses amid rising caution from economic analysts.
Trump’s new tariff hikes hit the Global South, shaking export-dependent economies with risks of devaluation and debt crises.
New tariffs cut US GDP by $108B while rippling through the global economy, impacting trade and markets worldwide.
Trump threatens new tariffs on India over its Russian oil buys, intensifying global trade tensions.
Experts doubt Trump’s drug tariff plan will lower prices, citing complex supply chains and high U.S. production costs despite huge domestic investments.
Brazil and India reject U.S. demands to curb Russian oil imports, standing firm on free trade amid tariff pressures.
Trump signs new tariffs (10%-41%) on global partners; deals with the Chinese mainland and Mexico are still pending.