Tariff – Page 5

‘Little group fading fast’: Donald Trump mocks Brics; reiterates 10% tariff threat to protect US dollar dominance

US President Donald Trump on Friday mocked the Brics group as a “little group” that is “fading out fast”. He also reiterated his warning from earlier this month of a 10 per cent tariff on any nation aligning with Brics, which he described as following “anti-American policies”. The MAGA chief also claimed credit for weakening […]

‘No gringo is going to give orders’: Brazil’s Lula slams US president over 50% tariff; claims Trump is ‘not the emperor of the world’

Brazilian President Luiz Inacio Lula da Silva on Thursday hit back at US President Donald Trump’s move to impose a 50% tariff on Brazilian imports, saying Brazil would not bow to foreign pressure and warning of reciprocal action.Lula expressed his disapproval, saying, “No gringo is going to give orders to this president,” according to news […]

Russia-Ukraine war: Kremlin seeks time to respond to Trump’s 50-day tariff ultimatum; says open for Kyiv talks

Russia on Tuesday said that it needed time to respond to US President Donald Trump’s ‘serious’ ultimatum regarding the Ukraine war, while expressing willingness to speak with the Ukrainian side over the timing of the third round of direct negotiations. Trump issued a 50-day deadline to Russia on Monday for reaching a peace agreement with […]

Bangladesh hopes to reduce 35% US tariff through talks: Government

By Ahsan TasnimDHAKA: Major garment producer Bangladesh is hoping to reduce the 35% tariff that US President Donald Trump said he will impose, said finance adviser Salehuddin Ahmed on Tuesday, adding Dhaka expects to achieve this through “one-to-one negotiation” with US trade representative (USTR).Bangladesh commerce adviser Sheikh Bashir Uddin is in Washington, leading the country’s […]

France urges tariff barriers to stop China from killing industry

French finance minister Eric Lombard said Europe must shore up its tariff barriers to counter Chinese imports that risk harming the continent’s industrial economy. Europe has already taken action on steel and automobiles, but rules must be changed to allow the wider use of measures against imports from China, Lombard said. “In the world we […]

Trump to send tariff letters to 10-12 countries tomorrow

WASHINGTON: US President Donald Trump on Saturday said his administration is immediately sending letters to the first batch of 10 to 12 countries, sharing details of reciprocal tariff rates and the entire process could be completed by July 9.“We are going to start sending letters out to various countries starting tomorrow,” Trump told reporters at […]

Trump’s 50% tariff threat looms: EU considers temporary trade deal with US; Von der Leyen pushes for ‘agreement in principle’

Donald Trump (left), Ursula von der Leyen (AP) The European Union is considering a temporary trade agreement with the United States that would maintain a 10 percent tariff on most exports, according to a briefing by the European Commission to EU ambassadors on Friday, reported news portal Politico.The update came after a key round of […]

Trump says he doesn’t expect to extend July 9 tariff deadline

Washington: US President Donald Trump said he is not planning to extend a 90-day pause on tariffs on most nations beyond July 9, when the negotiating period he set would expire, and his administration will notify countries that the trade penalties will take effect unless there are deals with the United States. “I don’t think […]

How the L.A. Port got hit by Trump’s Tariffs

New York Times reporter Ana Swanson reports from the Los Angeles Port, the largest port in the Western Hemisphere as well as the place that first saw the signs of Trump’s tariff war. The Port of Los Angeles is significant because of our trade relationship with China in particular, which is why The Trump administration’s […]

‘Take it or leave it’: Donald Trump may extend July 8 tariff deadline; going to send trade letters out soon

US President Donald Trump on Wednesday said he’s open to extending the July 8 deadline for trade talks before higher tariffs kick in, but added that an extension probably won’t be “a necessity.“Speaking to reporters ahead of a performance at the Kennedy Center Trump said, “We’re rocking in terms of deals. We’re dealing with quite […]