Impact Of Tariffs Archives

August 1, 2025
International
World

Trade war: Donald Trump signs executive order imposing tariffs up to 41% – what to know

US President Donald Trump on Friday signed an executive order imposing higher tariffs on a dozen key trading partners across the globe. The tariff rates range from 41% on Syria to an increased 35% on Canada.The new tariff regime, which takes effect on August 7, aims to rebalance long-standing trade deficits that the administration claims […]

May 3, 2025
International
World

China signals openness to trade talks with US under condition that high tariffs must be removed

US and China are engaged in prolonged tariff dispute (Image: AP) China’s commerce ministry on Friday announced that Beijing is reviewing several key proposals from the Trump administration, signaling the openness to trade talks with the US under the condition that high US tariffs must be removed. The ministry has reaffirmed China’s willingness to engage […]