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US Commerce chief says nothing will stop metals tariffs, will add copper protections
U.S. Commerce Secretary Howard Lutnick said nothing would stop President Donald Trump's expanded 25% tariffs on steel and aluminum until U.S. domestic production is strengthened,…
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Puma faces weak U.S. demand, plans job cuts as shares plunge
Puma on Wednesday announced job cuts and warned of uncertain U.S. consumer demand as the German sportswear group's shares slumped 23% in the wake of…
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Zara owner Inditex “optimistic” about U.S. despite tariffs
Zara owner Inditex expects to keep growing in the U.S., CEO Oscar Garcia Maceiras said on Wednesday, despite signs that U.S. tariffs and retaliation from…
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Dental floss and diamonds in EU sights to counter U.S. tariffs
From dental floss to diamonds, bathrobes to bourbon, the U.S. products chosen by the European Union for counter-tariffs next month are designed to make workers…
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Trump’s expanded metals tariffs to hit goods from horseshoes to bulldozer blades
U.S. President Donald Trump's bulked-up tariffs on steel and aluminum due to launch within hours will hit nearly $150 billion worth of derivative products made…
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Aluminium premiums for US buyers hit record after Trump doubles tariffs
Premiums for consumers buying aluminium on the physical market in the United States soared to record highs on Tuesday after President Donald Trump said he…
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Trump’s tariffs create the ‘Wild West’ on Wisconsin’s factory floors
AriensCo - a manufacturer of bright orange snowblowers - has braced for the cold blast of tariffs since November.
Central Europe’s economies should reform to respond to slowing trade growth, IMF says
Central Europe's export-dependent economies face risks from slowing world trade growth, which could be mitigated with reforms and the removal of remaining trade barriers in…
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Businesses sound alarm as Trump tariffs prompt consumers to cut spending
Uncertainty brought by U.S. President Donald Trump's threats of tariffs and his shape-shifting trade policies are starting to have a chilling effect across many industries,…
UK will not respond to US steel tariffs, British official says
Britain will not impose retaliatory trade tariffs in response to U.S. duties on all steel and aluminium imports which are due to come into force…