Everything, it seems, is now a bargaining chip, as the Trump administration keeps reversing itself
Bailey called for greater cooperation between countries, particularly the US and China to resolve unsustainable trade and financial imbalances
A group of small businesses that won an order finding President Donald Trump's sweeping global tariffs illegal urged a federal appeals court to uphold that decision and block the trade levies
Significant volatility in the second quarter had global benchmark Brent crude futures dropping to a four-year low of $60.23 a barrel on May 5 and then surging to $78.85 on June 19
Middle-power countries such as India now recognize that even US friendship may not protect them from tariffs, making them less willing to ally themselves fully with the United States
IMF's Gita Gopinath says emerging market central banks face more complex challenges amid Trump tariff shocks, capital flight risk and rate dilemmas
US-China truce in jeopardy as Washington and Beijing trade accusations over Geneva trade agreement violations
While Trump did not name countries, he suggested trade deals may be finalised within weeks as talks progress with several nations including India amid tariff tensions and slowdown fears
The world's two largest economies have slapped tit-for-tat import tariffs on each other and uncertainty around the state of negotiations between the two has kept markets on edge
Retail, manufacturing, and coastal economies brace for impact as US-China trade tensions escalate
At the very least, there might be things India can make for the US markets that the Chinese can't compete with, given these tariffs
White House backs down on reciprocal tariff measures. Was Trump's sudden tariff reversal a calculated move or a sign of miscalculation by the administration?
John Gutierrez had been thinking about buying a new laptop for the past year. The Austin, Texas, resident needed a computer with faster processing and increased storage for his photography work and had his sights set on a product from a Taiwanese brand. Then President Donald Trump announced expansive new import tariffs Wednesday, including a 32% tax on imports from Taiwan. That same day, Gutierrez ordered the laptop, with a base price of $2,400, from a retailer in New York specializing in photo and video gear. I thought I'd bite the bullet, buy it now, and then that way I'll have the latest technology on my laptop and don't have to worry about the tariffs, he said. Gutierrez was among the U.S. consumers rushing to buy big-ticket items before the tariffs take effect. Economists say the tariffs are expected to increase prices for everyday items, warning of potentially weakened U.S. economic growth. The White House hopes the tariffs prod countries to open their economies to more Ameri
While border issues remain, Trump's tariff war seen as influencing the neighbours' relationship
Goods from Canada and Mexico are not currently subject to reciprocal tariffs because Trump's prior 25 per cent fentanyl-related duties remain in place on their goods
The silver lining amid all this is the fact that the reciprocal tariffs on India are lower than the other economies like China at 34 per cent and Vietnam at 46 per cent, Baliga said
Trump in February told reporters his administration could impose auto tariffs in the neighborhood of 25%, although he later agreed to exempt autos from Canadian and Mexican tariffs for 30 days
Central bankers struggling to gauge whether the impact will be greater on growth or inflation may well choose to do nothing for now
US-EU trade dispute: The Trump administration recently imposed 25% tariff on European steel and aluminium imports
US trade wars: Tariff hikes have sparked volatility in financial markets, with North American stocks plunging on Monday in anticipation of trade disruptions