Tag #Global Trade

Showing 169 to 180 of 1,179 results

abcnews.go.com
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China Bolsters Latin American Ties Amidst US Trade War Truce

China is strengthening alliances with Latin American nations, offering a $9.2 billion credit line and increased trade, as a counter to the Trump administration's trade war; a 90-day truce in US-China tariffs has been agreed upon, but China opposes trade wars.

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zeit.de
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EU Urged to Expand Trade Deals to Counter US Tariffs

German and French economists urge the EU to proactively pursue free trade agreements with other countries to offset the economic impact of US tariffs, estimating that the US will experience a greater economic decline (1.0-1.63% of real production) than the EU (0.15-0.33%) due to these tariffs; they ...

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npr.org
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Temporary Tariff Reduction on Chinese Imports Creates Scramble for U.S. Businesses

The U.S. temporarily lowered tariffs on Chinese imports from 145% to 30% for 90 days, prompting a scramble among importers to maximize shipments before potential future tariff increases, creating uncertainty and logistical challenges.

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africa.chinadaily.com.cn
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Canton Fair Fintech Initiatives Boost Chinese Exporters' Global Reach

During the 137th Canton Fair, Chinese fintech platforms launched incentive programs and new services, such as WorldFirst's "Guardian Plan", to help exporters expand globally, promising faster and cheaper cross-border payments and risk management solutions. This is in response to global trade uncerta...

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dw.com
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Trump's Tariffs Threaten Cannes Film Festival

US President Trump's announced 100% tariffs on foreign-made films threaten to disrupt the Cannes Film Festival, impacting major productions and causing uncertainty for independent film companies; the impact extends to international collaborations and creative diversity.

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news.sky.com
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US and China pause tariffs in trade war de-escalation

The US and China have agreed to a 90-day pause on most tariffs imposed during the Trump administration's trade war, impacting global markets and signaling a de-escalation but leaving significant tariffs on Chinese goods.

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theglobeandmail.com
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US Cuts De Minimis Tariff on Chinese Goods

The White House reduced the de minimis tariff on low-value goods from China to 54 percent, from 120 percent, effective May 14, 2025, impacting major e-commerce companies like Shein and Temu, following a broader trade deal between the U.S. and China to de-escalate trade tensions.

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abcnews.go.com
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Honda Profit Falls 24.5%, Tariffs to Further Reduce Earnings

Honda's fiscal year profit dropped 24.5% to \$5.6 billion due to decreased China sales and projected \$4.4 billion tariff-related losses through March 2026, despite record motorcycle sales and increased hybrid sales in the U.S.; the company plans to shift production to U.S. plants.

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theguardian.com
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US Cuts Tariffs on Chinese Parcels After Trade Truce

The US slashed tariffs on small packages from China and Hong Kong from 120% to 54%, following a 90-day trade war truce with China, impacting companies like Shein and Temu that heavily rely on Chinese imports.

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lemonde.fr
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US-China Trade Talks Yield "Substantial Progress", Joint Statement Planned

Following two days of closed-door meetings in Geneva, US and Chinese officials announced "substantial" progress in trade negotiations, agreeing to establish a consultation mechanism to address trade issues and potentially de-escalate trade tensions.

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africa.chinadaily.com.cn
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Trump's "America First" Trade Policy Faces Challenges Amid Deep US-China Interdependence

President Trump's "America First" agenda, detailed in a January 20 executive order, aims to reduce US reliance on China, but faces challenges due to deep trade ties; the 2018-2019 trade war led to a 24% increase in farm bankruptcies and a $27 billion loss, while current tariffs threaten US ports and...

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elpais.com
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EU Intra-Trade Decline Amidst Rising Extra-EU Exports

Spanish exports to non-EU countries rose 2.2% in the first two months of 2024 compared to the same period in 2022, while exports to EU countries fell 7.2%, reflecting a wider European trend of declining intra-EU trade and increasing extra-EU trade, accelerated by US-China trade tensions and the resu...

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Showing 169 to 180 of 1,179 results