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Merchandise trade volume growth stronger than expected in Q1 2025, says WTO report
The volume of world merchandise trade grew more than forecast in the first quarter of 2025 from the previous three months, but growth is expected…
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Trump lands Indonesia trade deal as EU readies retaliation
President Donald Trump on Tuesday announced a trade deal with Indonesia, the latest pact in a bid to cement better terms with trading partners and…
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Meatpackers rethink beef exports to US after Trump tariffs, industry lobby says
Brazilian meatpackers are weighing whether to make new shipments of beef products to the United States after President Donald Trump announced a 50% tariff on…
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Despite tariffs, it’s still America first for Asia’s legacy automakers
Toyota and Hyundai Motor may have a beef with U.S. protectionism, but they have one thing in common with President Donald Trump: when it comes…
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Mexico pledges action should U.S. talks fail by August tariff deadline
Mexican President Claudia Sheinbaum on Tuesday said Mexico will take action if an agreement with Washington regarding new tariffs is not reached by the August…
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Don’t panic: Europe Inc cautions calm as bloc tries to avert 30% US tariffs
European firms called on trade negotiators to redouble efforts to strike a deal with Washington after U.S. President Donald Trump threatened a 30% tariff on…
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For Europe, 30% US tariff would hammer trade, force export model rethink
The 30% tariff on European goods threatened by U.S. President Donald Trump would, if implemented, be a game-changer for Europe, wiping out whole chunks of…
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FDA to screen all imports, exemptions for low-value shipments revoked
The U.S. Food and Drug Administration said on Tuesday it will now review all imports of the products it regulates regardless of their quantity or…
Back-to-school season begins early for majority of shoppers
Two-thirds (67%) of back-to-school shoppers had already begun purchasing items for the upcoming school year as of early July, according to the annual survey released…
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US imposes 17% tariff on Mexican tomatoes after withdrawing from agreement
The Trump administration announced on Monday a duty of about 17% on fresh tomatoes from Mexico, which account for two-thirds of the tomatoes eaten in…