Browsing Tag

Tariffs

Brazil’s Lula Rejects Meeting with Trump Over Tariffs

Aug 7, 2025

Brazilian President Luiz Inácio Lula da Silva has rejected a direct meeting with US President Donald Trump over the newly imposed 50% tariffs on Brazil, calling it "pointless" and "humiliating." Lula stated that he would not tolerate US…

WORLD

EU Warns US Tariffs Could Trigger De Facto Trade Ban

Jul 14, 2025

EU Trade Commissioner Maros Sefcovic warned that a proposed 30% US tariff on European goods would effectively amount to a trade ban, severely disrupting transatlantic supply chains. Speaking ahead of the EU Foreign Affairs Council in…

WORLD

EU Extends Retaliation Deadline Over US Tariffs to August

Jul 14, 2025

European Commission President Ursula von der Leyen announced that the EU will delay its retaliatory tariffs against the US until early August, allowing more time for negotiations. Speaking in Brussels alongside Indonesian President Prabowo…

WORLD

Trump Imposes New Tariffs on 12 Countries

Jul 8, 2025

US President Donald Trump announced new import tariffs on 12 countries, including Tunisia, Malaysia, Kazakhstan, and South Africa. The tariffs, ranging from 25% to 40%, will take effect on August 1. Trump stated the rates may change…

WORLD

Trump Threatens Tariffs on BRICS-Aligned Nations

Jul 7, 2025

US President Donald Trump announced a 10% increase in customs duties on countries aligning with BRICS, calling the bloc’s policies “anti-US.” The statement followed the 17th BRICS Summit in Rio de Janeiro, hosted by Brazil. Trump said,…

WORLD

Trump Doubles Tariffs on Steel and Aluminum Imports

Jun 4, 2025

US President Donald Trump's decision to raise tariffs on steel and aluminum imports from 25% to 50% has taken effect. Trump said the move aims to protect national security and counter low-priced foreign metals harming US…

WORLD

China Hikes Tariffs on US Goods to 125%

Apr 11, 2025

China has raised tariffs on US imports from 84% to 125% in response to new US trade measures. The move, announced by China’s State Council Tariff Commission, accuses the US of violating international trade rules and…

WORLD

EU to Launch Retaliatory Tariffs on US Goods

Apr 8, 2025

The European Union will begin imposing retaliatory tariffs on US products starting April 15 in response to Washington’s duties on EU steel and aluminum. EU Trade Commissioner Maros Sefcovic confirmed the move after an emergency meeting of…

WORLD

China Hits Back at US Tariffs

Apr 4, 2025

China has imposed a 34% customs duty on all US goods in response to the same rate announced by US President Donald Trump. The move includes trade restrictions on rare earth exports critical to tech and defense industries and the…

WORLD

EU Criticizes US Tariffs, Warns of Economic Fallout

Apr 3, 2025

European Commission President Ursula von der Leyen condemned US President Donald Trump’s new global tariffs, calling them a "major blow to the world economy." Speaking in Uzbekistan, she warned of rising costs for…