TURNBERRY: US President Trump said he expected the US to set tariffs in the range of 15% to 20% for those countries that did not reach a negotiated trade agreement with Washington. “I would say it’ll be somewhere in the 15 to 20% range,” Trump told reporters, sitting alongside British PM Keir Starmer at his […]
US President Donald Trump announced on Tuesday (local time) that he is planning to impose tariffs of over 10 per cent on goods from smaller countries, including nations in Africa and the Caribbean, news agency AP reported. “We’ll probably set one tariff for all of them,” Trump told reporters, explaining that the rate could be […]
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has seen some trade deal offers and thinks they need to be better, White House economic adviser Kevin Hassett said on Sunday, adding that Trump will proceed with threatened tariffs on Mexico, the EU and other countries if they don’t improve. “Well, […]
Brazilian President Lula da Silva vowed to retaliate if negotiations with US fail Brazilian President Luiz Inácio Lula da Silva has responded to US President Donald Trump’s Wednesday announcement on his plans to implement a 50% tariff on Brazilian imports.Trump’s letter addressed to President Luiz Inácio Lula da Silva stated the tariffs would commence on […]
US President Trump said early Friday that he is set to resume a set of tariffs that he initially imposed in April on dozens of countries, before pausing them for 90 days to negotiate individual deals. Most of those deals have yet to materialise, and businesses in the US have been left guessing what levies […]
What began as a symbol of protest against President Donald Trump’s tariffs has now taken on an air of irony, as Canada resumed trade talks with the US and Prime Minister Mark Carney announced his government had “rescinded its plan to tax American technology firms.”Several Canadians expressed their disappointment over social media with some calling […]
File photo: US President Donald Trump (Picture credit: AP) US President Trump, it would seem, is not one for a “TACO.” The taco in question is not a dish made with tortillas, but rather a reference to how markets are responding to his tariff policies.The TACO trade, short for Trump Always Chickens Out, is a […]
Federal court blocks Trump from imposing sweeping tariffs under emergency powers law (ANI) WASHINGTON: A federal court on Wednesday blocked US President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law, swiftly throwing into doubt Trump’s signature set of economic policies that have rattled global financial markets, frustrated trade partners and raised […]
US President Trump (Image credits: AP) A federal court ruled on Wednesday that US President Trump does not have the authority to impose broad tariffs on imports using emergency powers.The decision, delivered by a three-judge panel at the Court of International Trade in New York, came after several lawsuits argued that Trump exceeded his legal […]
NAIROBI: It’s crunch time for the maker of Levi’s and Wrangler jeans in Kenya’s capital, Nairobi. Hundreds of sewing machines whir in a crowded, air-conditioned factory. On another floor, workers pack clothes destined for the US market. The fate of about 16,000 workers in the factory at the United Aryan export processing zone hangs in […]
