Trump slaps tariffs on Colombia after it turns back migrant deportation planes
President Donald Trump said on Sunday he would impose sweeping retaliatory measures on Colombia, including tariffs and sanctions, after the South American country turned away…
BMW joins Chinese EV makers in filing EU court challenge to tariffs
BMW has joined Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on China-made electric…
International Paper gains EU nod for $7.2 billion DS Smith buy
U.S.-based International Paper secured EU clearance for its 5.8-billion-pound ($7.2 billion) acquisition of UK rival DS Smith with a pledge to sell assets to address…
Aerospace suppliers scramble to cushion blow of looming Trump tariffs
Canadian helicopter parts supplier Optima Aero is already moving inventory south of the border to minimize the risk from potential tariffs proposed by U.S. President…
December 2024 crude steel production and 2024 global crude steel production totals
Africa produced 1.9 Mt in December 2024, down 1.0% on December 2023. Asia and Oceania produced 106.3 Mt, up 9.0%. The EU (27) produced 9.6…
Trump tells Davos he will demand lower interest rates, oil prices
U.S. President Donald Trump demanded OPEC lower oil prices and the world drop interest rates in a speech to global
North American Transborder Freight was unchanged at 0.0% in November 2024 from November 2023
This release is published on a fixed schedule as required by the Office of Management and Budget, and statistics in this release may be revised…
Dun & Bradstreet Global Business Optimism Insights Report reveals cautious economic outlook for Q1 2025
This shift suggests a redirection from previously elevated optimism levels seen in the latter half of 2024 and indicates a more cautious approach by businesses,…
EU open to US energy, arm sales talks to stave off tariffs
The European Union is open to discussing purchases of energy and arms from the United States to ward off tariffs that President Donald Trump has…
Trade wars sparked by Trump tariffs would be ‘catastrophic’, WTO chief says
The World Trade Organization chief said on Thursday that any tit-for-tat trade wars prompted by U.S. President Donald Trump's tariff threats would have catastrophic consequences…
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