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

[ad_1] 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 […]

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

[ad_1] 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 […]

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

[ad_1] 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 […]

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Moet Hennessy woes test Alexandre Arnault’s credentials

[ad_1] 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 […]

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

[ad_1] 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) […]

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