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U.S. TARIFFS IMPACT ON FABRICS
'I suggest you focus on yours': Meloni hits back at Trump's 'senseless' G7 accusationsPresident Donald Trump has publicly criticized Italian Prime Minister Giorgia Meloni, alleging she repeatedly sought a photo with him at th...- Meloni fights back after Trump tells Italian TV she 'begged' for photo with him at G7Italian Prime Minister Giorgia Meloni has strongly refuted claims made by former US President Donald Trump. Trump alleged Meloni begged him...
- Yen nears 40-year low, dollar gains as peace talks in doubtThe US dollar is flexing its muscles against the Japanese yen, much to the attention of market traders. The potential for a US-Iran peace a...
- US fertilizer imports from Hormuz-affected ports fell to zero in May, data showThis disruption, stemming from the Iran conflict, has caused fertilizer prices to soar, intensifying strains on American farmers and raisin...
- US launches trade investigation into Germany over drug pricingAmerica has started a trade probe into Germany's plan to cut pharmaceutical spending. U.S. Trade Representative Jamieson Greer stated the i...
- Trump’s copper tariff decision hangs over global metal marketThe global copper market is on edge as President Trump weighs imposing tariffs on refined copper imports. A decision, expected soon, could ...
- Gold falls 1% after Fed holds rates steady, signals rate hike this yearGold prices fell significantly on Wednesday. The U.S. Federal Reserve kept interest rates unchanged but indicated a possible increase later...
- Global Markets| European shares flat as investors await Iran deal details, Fed policy; BMW slidesEuropean markets held firm today, with investors keenly awaiting developments regarding potential peace talks between the U.S. and Iran, al...
- Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...
- US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
- Rupee inches up, Iran deal longevity worries and hedging dragThe Indian rupee saw a modest rise against the U.S. dollar, influenced by a U.S.-Iran truce but tempered by importer hedging and skepticism...
- China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
- Global drugmakers rush to boost US presence as tariff threat loomsGlobal drug companies are boosting U.S. production and stockpiling medicines. This is a response to potential tariffs on branded drugs. Com...
- Trump's critical minerals pricing plan faces skeptical G7, divided industryAmerica's plan to control critical mineral prices faces hurdles. G7 nations and the US mining sector are divided. The proposal aims to redu...
- Trump names James McDonald as US attorney for ManhattanDonald Trump said he will appoint James McDonald, who previously served as an assistant U.S. attorney and CFTC enforcement chief.
- Canada's Carney says middle-power countries should not compete for favor with the USCanadian Prime Minister Mark Carney is forging stronger links with Europe. He met with Ireland's leader and French President ahead of the G...
- Gold heads for second weekly loss on rate rise expectationsGold prices are heading for a second weekly loss as expectations of higher interest rates, driven by persistent inflation concerns, weigh o...
- Trump’s 10% global tariffs stay in force after appeals court extends pause on trade court decisionA US appeals court has kept a 10% global tariff in place for three importers. This decision follows a lower court ruling that had granted t...
- 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.
- 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...
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