Trump widens trade war as he targets Venezuela’s energy sector, eyes sectoral tariffs soon
U.S. President Donald Trump on Monday widened his global trade war with 25% secondary tariffs on any country that buys oil or gas from Venezuela,…
India eyes tariff cut on more than half of US imports to shield its exports, sources say
India is open to cutting tariffs on more than half of U.S. imports worth $23 billion in the first phase of a trade deal the…
Russia gets US to agree to help lift curbs on food, fertilizer and shipping
Russia said on Tuesday the U.S. had agreed to help it lift restrictions on food, fertilizer and shipping companies in exchange for agreeing to a…
Security of the supply chain more critical than ever
Fast-moving changes in supply chains across the world are more complex and unexpected than ever says international freight and cargo handling insurer, TT Club. Its’s…
Schneider Electric to invest over $700 million in US to power AI boom
Schneider Electric said on Tuesday it plans to invest over $700 million in its U.S. operations over the next two years amid tariff threats that…
Trump says he will soon announce tariffs on autos, aluminum, pharmaceuticals
U.S. President Donald Trump said on Monday he will in the very near future announce tariffs on automobiles, aluminum and pharmaceuticals.
US may exclude sector-specific tariffs on April 2, reports say, but situation fluid
U.S. President Donald Trump is likely to exclude a set of sector-specific tariffs while applying reciprocal levies on April 2, the Wall Street Journal and…
US turns to Brazil for eggs and considers other sources during bird flu outbreak
The U.S. has almost doubled imports of Brazilian eggs once used only for pet food and is considering relaxing regulations for eggs laid by chickens…
US retailers haggle with suppliers after Trump tariffs
U.S. retailers Walmart and Target are bickering behind the scenes with their suppliers over proposed price hikes on everything from cake pans, tote bags and…
EU trade commissioner to meet U.S. Commerce Secretary Lutnick on Tuesday
The European Commissioner for trade, Maros Sefcovic, is heading to Washington to meet U.S. Commerce Secretary Howard Lutnick on Tuesday, a Commission spokesperson said on…
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