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China’s rare earth exports grind to a halt as trade war controls bite
Shipments of seven rare earths placed on an export control list last week by Beijing have ground to halt, three sources said, raising the risk…
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Impact of tariffs on developing countries could be ‘catastrophic’, says UN trade agency
Sweeping tariffs on imports imposed by U.S. President Donald Trump and countermeasures could have a "catastrophic" impact on developing countries, hitting even
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China, EU must oppose tariff ‘bullying’, Xi tells Spanish PM
President Xi Jinping told Spain's prime minister on Friday that China and the European Union must join together in defending globalization and opposing "unilateral acts…
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South Korea trade envoy says US showed willingness to reach deal over tariffs
South Korea's top trade envoy said on Friday his U.S. counterpart signaled a willingness to reach a deal over tariffs and that Seoul will negotiate…
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Trump’s tariff pause leaves CEOs puzzled about what happens in 90 days
President Donald Trump's sudden about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic…
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EU pauses countermeasures following Trump’s tariff reprieve
The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty duties he had just imposed on…
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BMW considers boosting output at U.S. plant by up to 80,000 units
German automaker BMW is considering adding shifts to its Spartanburg plant in South Carolina to boost output by up to 80,000 units, executives said on…
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US Steel, Nippon Steel working closely with Trump administration, statement says
U.S. Steel and Nippon Steel are working closely with the Trump administration "to secure a significant investment," U.S. Steel said on Thursday, after remarks from…
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Trump’s tariff pause does little to lower overall tariff rates, Yale researchers say
U.S. President Donald Trump's rollback of some of the steep tariffs he has imposed has done little to lower the average import duty rate from…
Novartis plans to invest $23 billion in US plants as Trump renews drug tariff threats
Swiss drugmaker Novartis said on Thursday it plans to spend $23 billion to build and expand 10 facilities in the U.S., as it grapples with…