US tariffs

President Lee Jae Myung Warns of Uncertainty in Trade Deal Ahead of Tariff Deadline

03 Jul 2025

South Korea's new leader, President Lee Jae Myung, has cautioned that talks on a South Korea-US free trade agreement are still pending, days before a tariff deadline imposed by President Donald Trump. President Lee Jae Myung explained that both nations are struggling to establish their stances as they are under...

US Tariff Impact on Spanish Food Exports Shakes Leading Ham and Oil Producers

11 Jun 2025

The US tariff impact on Spanish food exports has hit beloved national staples like jamón ibérico and olive oil hard. Due to trade tensions sparked by former President Trump's policies, these hallmark items, which were once prospering in the US market, are now facing declining competitiveness and rising costs. Spanish...

Netanyahu Meets Trump to Discuss Gaza Conflict and Rising US Tariffs

07 Apr 2025

Israeli Prime Minister Benjamin Netanyahu met with U.S. President Donald Trump at the White House on Monday, becoming the first foreign leader to plead directly against Washington's broad new tariffs. The visit comes after Trump's "Liberation Day" speech last week, where he implemented a 17% tariff on Israeli imports, claiming...

Trump Places 10% Tariff on Uninhabited Australian Islands

03 Apr 2025

US President Donald Trump has imposed a 10% tariff on Australian imports from Heard and McDonald Islands, remote territories near Antarctica. The move, part of his broader "Liberation Day tariffs," has sparked confusion. These islands have no residents, businesses, or trade. The White House claims they were included simply because...

Canada and Mexico Discuss Plans to Combat US Trade Actions

02 Apr 2025

In a crucial meeting on Tuesday, Canadian Prime Minister Mark Carney and Mexican President Claudia Sheinbaum came together to discuss the growing concerns over trade actions taken by the United States. Carney's office emphasized the importance of addressing these challenges while ensuring the protection of each nation's sovereignty and safeguarding...

“Liberation Day” Tariffs: How Trump’s Trade Policy Could Impact India? | TDG Explainer

01 Apr 2025

April 2, 2025, marks ‘Liberation Day’, a term Donald Trump uses to justify imposing reciprocal tariffs on imports from all nations with which the US has a trade deficit. He argues that other countries impose higher duties on American goods while the US keeps its tariffs low, creating a $1...

China’s Manufacturing Growth Hits Peak Despite Tariff Pressures

31 Mar 2025

China's manufacturing growth jumped to a 12-month high in March, driven by strong new orders, according to the latest official figures. The official Purchasing Managers' Index (PMI) was 50.5, up from 50.2 in February, the highest since March 2024. The non-manufacturing PMI covering services and construction also rose to 50.8...

No US Tariffs on India… Yet! Centre’s Big Statement in Rajya Sabha

21 Mar 2025

The Narendra Modi administration has made it clear that the United States has not even levied any country-specific or retaliatory tariffs on India. Jitin Prasada, Minister of State (MoS) for Commerce and Industry, said this in response to a question during the Rajya Sabha on Friday. Prasada said, "The United...

Counterattack In Trade: US Trading Partners Respond To Trump’s Steel And Aluminium Tariffs

13 Mar 2025

Major US trading partners announced sweeping countermeasures Wednesday following President Donald Trump’s recent imposition of 25-percent tariffs on steel and aluminum imports. These measures come as part of an escalating trade dispute that now threatens to spiral into an all-out trade war. Expansion of US Tariffs Trump’s administration recently expanded...

‘If War Is What The US Wants… China Vows To ‘Fight Till the End’ Against Trump’s Tariffs

05 Mar 2025

China’s Foreign Ministry has fired back at the United States over its recent decision to increase tariffs on Chinese imports, accusing Washington of using the fentanyl crisis as a flimsy pretext. In a pointed statement on Tuesday, spokesperson Lin Jian declared that if the US intends to wage a trade...

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