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While India has been hit the hardest, notably, China—also a major importer of Russian oil—was spared similar penalties.
Trump has threatened tariffs of up to 200% on imports of pharmaceuticals and has ordered a 100% import tax on computer chips.
Sweeping new global tariffs imposed by Donald Trump have come into force today as the US president escalates his trade war ...
President Donald Trump just enacted a new wave of tariffs on dozens of America’s trading partners, marking a substantial ...
Toyota has reported its profit plunged 37% in the April-June quarter and it lowered its full year earnings forecasts, largely ...
Olu Sonola, the head of U.S. economic research at Fitch Ratings, said the economy was just “starting to see” the effects of ...
Brazil faces one of the highest US tariff rates in the world, with a 50% rate applied to most goods. India is also set to be ...
U.S. President Donald Trump raised the tariffs on Canadian goods to 35% last week, but a key exemption for Canada and Mexico shields the vast majority of goods ...
Democratic U.S. Sen. Tammy Baldwin dismissed an idea from Republican Rep. Tom Tiffany this week to push President Trump to ...
Ontario Premier Doug Ford says he doesn’t trust U.S. President Donald Trump and expects him to reopen the free trade ...
Few major trading partners have been spared the import taxes, which have already disrupted supply chains and are expected to drive up prices for Americans.
The Japanese automaker posted a nearly $1.6 billion operating profit loss, as it writes off losses from its EV efforts and ...