India, US push to finalise interim tariff deal as Trump’s deadline nears
Indian and U.S. officials are holding high-level talks this week, aiming to finalise tariff cuts in sectors such as farm and automobiles as part of…
The world’s auto supply chain is in the hands of a few Chinese bureaucrats
In a hulking grey building just east of Tiananmen square in Beijing, a small team in China's Ministry of Commerce is deciding the fate of…
US trade deficit narrows sharply in April; imports post record drop
The U.S. trade deficit narrowed sharply in April, with imports decreasing by the most on record as the front-running of goods ahead of tariffs ebbed,…
US aluminium premiums hit record levels after tariffs take effect
Premiums for consumers buying aluminium on the physical market in the United States hit a record 60 cents a lb or $1,323 a metric ton…
Australia is ‘safe and reliable’ critical minerals alternative, minister says
Australia offers a secure alternative supply for critical minerals vital to industry, its trade minister Don Farrell said on Thursday, in the face of rising…
Aide to EU chief joins tariff negotiation team to spur US talks, sources say
The European Union has changed its team locked in trade talks with the Trump administration, bringing in a close aide to European Commission President Ursula…
EU could approve Mercosur deal by summer, agriculture chief says
The European Union could approve its planned trade deal with South American bloc Mercosur before summer, but it has not yet fixed a date to…
Canada’s April trade deficit widens to historic high as tariffs cripple exports
Canada's trade deficit in April widened to an all-time high of a whopping C$7.1 billion ($5.2 billion), data showed on Thursday, as tariffs imposed by…
Trump renegotiating Biden-era Chips Act grants, Lutnick says
President Donald Trump's administration is renegotiating some of former President Joe Biden's grants to semiconductor firms, U.S. Commerce Secretary Howard Lutnick said at a hearing…
Mercedes-Benz proposes tariff offset system with US, Spiegel reports
Mercedes-Benz has proposed a deal under which U.S. cars could be imported into Europe duty free in exchange for tariff waivers on the same number…
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