Tag: Trump Tariff

Trump tariffs India LIVE: Imposition of additional duty on India ‘national security issue’, says White House trade adviser

Trump tariffs India LIVE: Imposition of additional duty on India ‘national security issue’, says White House trade adviser

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Trump’s latest ‘tariff tantrum’ risks years of US-India partnership: U.S. Congressman U.S. President Donald Trump’s latest “tariff tantrum” risks years of careful work to build a stronger U.S.-India partnership, a prominent American Congressman says. Representative Gregory Meeks, a Democrat and Ranking Member of the House Foreign Affairs Committee Dems, says that the U.S. has “deep […]

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U.S.-EU trade deal wards off further escalation but will raise costs for companies, consumers

U.S.-EU trade deal wards off further escalation but will raise costs for companies, consumers

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President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Mr. Trump’s threat of a 30% rate if no deal had been reached by August 1. The tariffs, or import taxes, paid when Americans buy European products could […]

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Tariffs put U.S.-owned China unit on life support

Tariffs put U.S.-owned China unit on life support

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Huntar CEO Jason Cheung, 45, had already halted production at the 600,000-square-foot facility in Shaoguan. He saw the tariff for what it was: an existential threat to his company, which manufactures educational toys bound for the shelves of Walmart and Target, like Learning Resources Inc’s Numberblocks, which help teach kids math. “I needed to start […]

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Moet Hennessy woes test Alexandre Arnault’s credentials

Moet Hennessy woes test Alexandre Arnault’s credentials

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If successful, the 33-year old could gain a leg up in the closely watched succession contest among five siblings to lead the $280 billion luxury conglomerate headed by his father. On Tuesday, Alexandre accompanied his father to Washington, where they attended the swearing-in of Middle East envoy Steve Witkoff, broadcast on local channel Fox 5. […]

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U.S. and China reach deal to slash tariffs, officials say

U.S. and China reach deal to slash tariffs, officials say

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Speaking after talks with Chinese officials in Geneva, U.S. Treasury Secretary Scott Bessent told reporters the two sides had agreed on a 90 day pause on measures and that tariffs would come down by over 100% to 10%.. File | Photo Credit: AFP The United States and China said on Monday (May 12, 2025) they […]

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