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US President Donald Trump announced on Tuesday (local time) that he is planning to impose tariffs of over 10 per cent on goods from smaller countries, including nations in Africa and the Caribbean, news agency AP reported. “We’ll probably set one tariff for all of them,” Trump told reporters, explaining that the rate could be…
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has seen some trade deal offers and thinks they need to be better, White House economic adviser Kevin Hassett said on Sunday, adding that Trump will proceed with threatened tariffs on Mexico, the EU and other countries if they don’t improve. “Well,…
US customs duties top $100bn for first time in a financial year US customs duty collections surged again in June as President Donald Trump’s tariffs gained steam, topping $100 billion for the first time during a fiscal year and helping to produce a surprise $27 billion budget surplus for the month, the treasury department reported…
Brazilian President Lula da Silva vowed to retaliate if negotiations with US fail Brazilian President Luiz Inácio Lula da Silva has responded to US President Donald Trump’s Wednesday announcement on his plans to implement a 50% tariff on Brazilian imports.Trump’s letter addressed to President Luiz Inácio Lula da Silva stated the tariffs would commence on…
US President Trump said early Friday that he is set to resume a set of tariffs that he initially imposed in April on dozens of countries, before pausing them for 90 days to negotiate individual deals. Most of those deals have yet to materialise, and businesses in the US have been left guessing what levies…
Donald Trump (left), Angela Merkel (ANI, AP) Former German chancellor Angela Merkel called US PresidentDonald Trump an attention-seeker, while speaking at an event organised by Greek newspaper Kathimerini in Athens on Wednesday.Merkel was attending an event to promote the Greek edition of her memoir “Freedom” when she recalled an incident from March 2017. At a…
What began as a symbol of protest against President Donald Trump’s tariffs has now taken on an air of irony, as Canada resumed trade talks with the US and Prime Minister Mark Carney announced his government had “rescinded its plan to tax American technology firms.”Several Canadians expressed their disappointment over social media with some calling…
