‘We’re going to see what happens’: US envoy Steve Witkoff heads to Moscow ahead of sanction deadline due Friday; tariff and ceasefire talks on agenda | World News

[ad_1] US special envoy Steve Witkoff is set to arrive in Moscow (AP) US special envoy Steve Witkoff is set to arrive in Moscow on Wednesday for high-level meetings with Russian leadership, ahead of US President Donald Trump’s deadline to impose new sanctions on Russia over its continued military offensive in Ukraine, which is due […]

Trump: World tariff would be somewhere in 15-20% range

[ad_1] 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 […]

US tariffs: Trump plans to levy 10% duties on goods from African and Caribbean nations; targets pharma and chip sectors next

[ad_1] 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 […]

‘Donald Trump’s tariffs real unless deals improve’

[ad_1] 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. […]

‘If he charges 50%, we will charge 50%’: Brazil vows retaliatory action if negotiations fail; what is the reciprocity law? | World News

[ad_1] 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 […]

White House to start notifying countries about tariffs: Trump

[ad_1] 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 […]

Trump’s tariffs: Why Canadians are saying ‘elbows up’ — this time with a hint of sarcasm

[ad_1] 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 […]

Asked about ‘TACO’ and tariffs, Trump lashes out at reporter

[ad_1] 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 […]

Federal court blocks Trump from imposing sweeping tariffs under emergency powers law | World News

[ad_1] 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 […]

Federal court blocks Trump’s tariffs imposed under emergency powers

[ad_1] 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 […]