President Donald Trump announced a complete three-month suspension of all “reciprocal” trade tariffs, effective midnight April 9, except for tariffs on China. The president had previously said that the historically high tariffs were here to stay, CNN reports. The huge tariffs on China,…
The global trade war, started by US President Donald Trump with massive tariffs, escalated on Monday. Trump threatened to increase tariffs on Chinese goods, and the European Union proposed retaliatory measures, Reuters reports. Financial markets around the world posted losses for the third day in a row. Investors…
President Donald Trump announced a 26 percent tariff on all cars imported into the United States on March 25, escalating the global trade war, CNN reports. The tariffs will go into effect April 3. They will apply not only to cars, but also to…
The 47th US President Donald Trump has unleashed a trade war across the globe – with both enemies and friends. So far, it looks more like a chaotic artillery barrage than a well-thought-out offensive, says BBC observer Alexei Kalmykov. Is there a well-thought-out strategy behind all this?…
The trade war between Canada and the United States is entering a sharp phase. In response to Donald Trump's threats to impose tariffs, Canadian premiers are calling on their fellow citizens not to buy American goods, VancouverOK writes. Meanwhile, Canadian and Mexican steelmakers are refusing new orders…
US President-elect Donald Trump has said that the BRICS bloc (Brazil, Russia, India, China, South Africa, and newly-joined Iran, the UAE, Ethiopia and Egypt) will face a 100% tariff if they try to create a new currency or use it for international trade…
The United States and China on Wednesday, after 13 long rounds of negotiations, reached an agreement and signed the first package of documents under a trade agreement. The document in Washington was signed by US President Donald Trump, on behalf of China, the document was signed by Vice Premier of the State Council of the People's Republic of China Liu He, ...
The United States and China have agreed on the first part of a trade deal, which provides for the gradual elimination of American duties on Chinese goods, Meduza writes. This was reported by the Ministry of Commerce of the People's Republic of China. This came two days before the US planned to impose new tariffs (some up to 25%) on Chinese imports worth about $360 billion...
The Chinese authorities are ready to make concessions in the trade confrontation with the United States by exempting a number of American goods from import duties. The corresponding decision was made by the Chinese government. Lenta.ru notes that some agricultural products, including soybeans, will be exempt from restrictions...
On Wednesday, October 2, the Trump administration announced tariffs on European aircraft, French wine and cheese, Spanish olive oil and other goods. The innovations will come into force on October 18, 2019 as a consequence of the fact that the World Trade Organization (WTO) ...