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U.S. IMPORT TARIFFS IMPACT
Iran-U. S War: Washington, Tehran interim deal stalled over $6 billion to $12 billion of frozen funds? Read shocking reportU.S. President Donald Trump has repeatedly said a deal is close, while also threatening to intensify bombing.
Why the G7 is worried about global economic imbalancesIn a pivotal discussion at the G7 summit, France is highlighting urgent concerns about the global economic landscape. China's robust export...
World markets walk a tightrope between AI stocks and oil shocksGlobal markets are on a knife edge, facing a potential AI boom or oil shocks from the U.S.-Iran conflict. Investors are navigating volatile...
Higher gasoline prices likely pushed up US consumer inflation again in MayMay is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by es...
Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? US attack, Iran tensions, inflation fears and market reaction explainedWhy are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? Global markets moved in diff...
Gold drops as oil climbs on renewed US-Iran hostilitiesGold prices dropped over 1% as rising oil prices, fueled by renewed U.S.-Iran hostilities, heightened inflation and interest rate hike conc...
US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...
US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...
Rupee slumps as elevated crude, Treasury yields support dollarA raft of measures aimed at supporting the currency battered by the impact of the months-long Iran war had boosted the rupee to its best da...
Strait of Hormuz: Iran-U.S. war is far from over. Here's whyIran’s Revolutionary Guard said it had targeted the Ali Al Salem air base, which hosts U.S. forces in Kuwait, and the U.S. Navy’s 5th Fleet...
US govt appeals judge's order for tariff refundsThe Trump administration is appealing a court order for refunds of global tariffs. These tariffs were previously invalidated by the Supreme...
US may have shaved its metal tariffs but the steel wall facing Indian exporters remains standingTariff modifications in the United States bring a touch of relief for Indian exporters, particularly with reduced duties on select metal-in...
Why Asia's oil lifeline can't survive on US crude aloneAsian nations are receiving more crude oil from the United States. However, these increased shipments cannot fully replace oil lost due to ...
Trump administration proposes 25% tariff to punish Brazil over trade practicesThe United States is proposing a 25% tariff on many imports from Brazil. This action follows an investigation into unfair trade practices. ...
India, US near trade pact; tariff terms hinge on Section 301 relief, source saysIn a significant development, India will hold discussions with U.S. trade representatives about the Section 301 investigation and the loomi...
Aluminium hits four-year high on renewed Middle East supply risksBenchmark aluminium on the London Metal Exchange traded 0.5% higher at $3,685 a metric ton in official rings. Earlier, it touched $3,707.50...
Trump moves to block wider tariff refunds, appeals order covering all importersIn a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to chall...
Carney calls for new partnership with US as Trump mulls whether to renew free trade agreementCanadian Prime Minister Mark Carney is urging a new partnership with the United States. He wants to reimagine cooperation in key sectors fa...
Taiwan says US has no timetable for chip tariffs, preferential terms already agreedTaiwan has secured preferential treatment for its semiconductor exports under a January trade deal with the US, ensuring favourable terms s...
US to keep tariffs on USMCA countries, issues with Canada 'significant', Greer saysThe Trump administration plans to maintain tariffs on imports from Mexico and Canada as negotiations begin to revamp the North American fre...