Page 573 - World News

Volvo Cars CEO vows to produce more cars in US as Trump announces tariffs

European companies are scrambling to find solutions as President Donald Trump's 25 per cent duties on foreign cars became effective

Fitch cuts China credit rating on debt risks amid trade tensions

The downgrade came a day after President Donald Trump imposed sweeping tariffs on imports from US trading partners, with China among the hardest-hit

US trade deficit narrows 6.1% in Feb, levels of import remains high

Imports of services increased $0.5 billion to a record high $72.2 billion. There were increases in travel services and charges for the use of intellectual property

From GATT to WTO: How Trump's tariffs are pushing global trade rules

Trump's new reciprocal tariffs raise concerns over WTO limits, trade law violations, and the future of global tariff rules

'Protectionism leads nowhere': China on US tariffs; vows countermeasures

Trump announced reciprocal tariffs on Chinese imports on Wednesday as part of sweeping measures aimed at reshaping American trade policy

Oil prices plunge 6% after Trump tariffs, OPEC+ speeds up output hikes

Trump on Wednesday unveiled a 10% minimum tariff on most goods imported to the United States, the world's biggest oil consumer, with much higher duties on products from dozens of countries

Auto tariff to cost US consumers more than $30 bn in first year: Report

Consultancy firm Anderson Economic Group said in a report on Thursday that 25 per cent tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car

TikTok faces fine over $553 million for illegally shipping EU data to China

Ireland's data protection commission, the company's main regulator in Europe, will issue the penalty against TikTok before the end of the month

EU Council President urges faster trade deals with India amid US tariffs

European Council President Antonio Costa voiced full support for the EU Commission's ongoing trade negotiations with the US and highlighted the role of trade in global prosperity

No love in China? US bans diplomats from dating Chinese nationals

The US has banned diplomats in China from romantic or sexual relationships with Chinese citizens, citing security concerns, in a policy reminiscent of Cold War-era restrictions

Watch: SpaceX Fram2 astronauts become first to orbit over Earth's poles

SpaceX's Fram2 mission makes history as the first crewed flight to orbit over Earth's poles, capturing stunning images and video of the Arctic and Antarctic

Explained: What are tariffs, who pays them, and how will US enforce them

US President Donald Trump has imposed a 10 per cent baseline tariff on all imports and reciprocal tariffs on individual countries. Here's an explainer on how tariffs work and what they mean for India

Trump's tariffs aim for wealth, but will US consumers foot higher bills?

New tariffs on cars, electronics, and essentials could drive up costs for Americans, raising concerns over whether Trump's economic strategy will burden consumers more than benefit them

Trade deficit vs tariff: How were Trump reciprocal tariffs calculated?

The US claims India charges a 52% per cent tariff on US imports, but where does this figure come from? Let's find out

Hungary plans to withdraw from ICC as Netanyahu arrives despite warrant

The announcement came as Israeli Prime Minister Benjamin Netanyahu arrived in the Hungarian capital, Budapest, despite an international arrest warrant against him

More than 50 Palestinians killed in overnight Israeli airstrikes on Gaza

Israel has vowed to escalate the nearly 18-month war with Hamas until the militant group returns dozens of remaining hostages, disarms and leaves the territory

Trump's reciprocal tariffs to hit the world's poorest nations the hardest

Cambodia was slapped with Asia's highest tariff rate of 49 per cent in Trump's levies

Global leaders vow countermeasures as Trump imposes 'reciprocal tariffs'

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

Trump's tariffs seen as far worse shock to China than first trade war

The trade standoff may wallop the economy just as its performance was steading in the beginning of 2025, with little sign of damage from tariff increases so far

Penguins taxed? What made Trump slap 10% tariff on remote Antarctic islands

Despite no human presence or trade activity, Donald Trump's latest tariff move targets Australia's remote Heard and McDonald Islands