With just 29 days remaining before President Trump’s next major tariff truce with China expires on August 12, exporters across the country have launched an all‑out effort to mitigate the looming risk of duties reverting to levels exceeding 100 percent. As this deadline approaches, firms are racing...

The European Union has ramped up efforts to finalize a comprehensive trade agreement with the United States, driven by strategic economic imperatives, political considerations and the desire to safeguard its industries and consumers against escalating protectionism. Leaders in Brussels view a...

US President Donald Trump has escalated his trade confrontation with two of America’s closest economic partners by announcing a 30 percent tariff on all imports from the European Union and Mexico, slated to take effect August 1. Citing deepening trade imbalances and national security...

Swiss Barry Callebaut, the leading global supplier of chocolate and cocoa products, has downgraded its sales outlook for the ongoing financial year for the third occasion. "Because of extraordinary market circumstances," the firm anticipates a sales drop of around 7% for the 2024/25 fiscal year,...

According to the Financial Times, US universities might forfeit roughly $1 billion in income due to the decline in international students who cannot or do not wish to study in the United States because of policies enacted by President Donald Trump. Stricter applicant evaluations, visa holdups, and...

US President Donald Trump declared that a 25% tariff on products from Japan and South Korea will take effect on August 1. He released two official letters directed to South Korean President Lee Jae-myung and Japanese Prime Minister Shigeru Ishiba on Truth Social. “Starting August 1, 2025, we will...

The legislation put forward by President Donald Trump's administration could lead the United States towards debt slavery, the previous head of the Department of Government Efficiency (DOGE), entrepreneur Elon Musk declared on the social network X. “This legislation would raise the debt limit by $5...

Fast‑evolving discussions among the Group of Seven culminated this week in a landmark agreement to carve out U.S. and U.K. multinational companies from key provisions of the global minimum tax framework. Officials from Canada, holding the rotating G7 presidency, announced that a novel...

President Donald Trump on Friday announced the immediate suspension of all trade talks with Canada, citing the impending implementation of a Canadian digital services tax as a “direct and blatant attack” on American businesses. In a post on his Truth Social platform, Trump declared that...