NEW DELHI, Nov 7 (Reuters) – India is open to offering easier market access for U.S. firms if Washington reciprocates under President-elect Donald Trump, who has long called out New Delhi for its high tariffs, sources aware of the matter … Read More
Nov 4 (Reuters) – Some of the biggest Chinese-owned solar factories in Vietnam are cutting production and laying off workers, spurred on by the expansion of U.S. trade tariffs targeting it and three other Southeast Asian countries. Meanwhile, in nearby … Read More
BRUSSELS, Oct 4 (Reuters) – The European Union will press ahead with hefty tariffs on China-made electric vehicles, the EU executive said on Friday, even after the bloc’s largest economy Germany rejected them, exposing a rift over its biggest trade … Read More
BEIJING, June 21 (Reuters) – Beijing warned on Friday that escalating frictions with the European Union over electric vehicle imports could trigger a trade war, as Germany’s economy minister arrived in the Chinese capital with the proposed tariffs high on … Read More
US President Joe Biden is ramping up tariffs on Chinese-made electric cars, solar panels, steel and other goods. The White House said the measures, which include a 100% border tax on electric cars from China, were a response to unfair … Read More
Higher tariffs on Japanese cars, the country’s biggest export to the US, are still being negotiated. US President Donald Trump has been adamant about reducing its trade deficit with other nations, while two-thirds of Japan’s trade surplus with the US … Read More
China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump’s latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening global economy into recession. China also … Read More
Central bank chiefs and finance ministers gathered in Fukuoka, Japan, for meetings of the Group of 20 were quick to welcome Trump’s move. President Donald Trump’s decision to drop plans for new tariffs on Mexico is rare good news for … Read More
President Trump on Thursday abruptly announced a new 5 percent tariff on Mexicobeginning in early June, saying the levy will “gradually increase” until the ongoing illegal immigration surge at the southern border is “remedied” and illegal migrants “STOP.” “On June 10th, the United States … Read More