U.S. tariffs Archives

August 16, 2025 5:59 PM

Trump says no imminent plans to penalize China for buying Russian oil

U.S. President Donald Trump said on Friday he did not immediately need to consider retaliatory tariffs on countries such as China for buying Russian oil but might have to "in two or three weeks." Trump has threatened sanctions on Moscow and secondar...

May 1, 2025 11:22 AM

Singapore PM urges voters to re-elect his cabinet to deal with US, China

Singaporeans need to vote for candidates who have built up trust and close relationships with counterparts in the U.S. and China, said Prime Minister Lawrence Wong on Thursday, urging voters to re-elect his cabinet at a May 3 poll. Addressing a 1.4 ...

April 17, 2025 10:23 AM

World Bank’s Banga urges developing nations to lower tariffs, focus on regional trade

World Bank President Ajay Banga urged developing countries on Wednesday to liberalize trade, saying many maintained higher tariffs than advanced economies and lowering them could offset the risk of reciprocal import taxes. Banga told reporters that ...

April 9, 2025 2:42 PM

EU countries set to approve first retaliation against U.S. tariffs

European Union countries are expected to approve on Wednesday the bloc's first countermeasures against U.S. President Donald Trump's tariffs, joining China and Canada in retaliating and escalating a conflict that could become a global trade war. The...

March 21, 2025 10:45 AM

Asian stocks slide as growth, tariff worries weigh

Asian stocks fell on Friday in a downbeat end to the week as deepening geopolitical worries and fears over U.S. tariffs and their impact on the global economy curbed investors appetite for risk, keeping safe-haven gold near record highs. Futures for...

February 3, 2025 6:29 PM

Europe braces for Trump trade tariffs, as levies on Canada, Mexico, China roil markets

European leaders were bracing for U.S. tariffs on Monday after President Donald Trump imposed sweeping levies on Mexico, Canada and China that will affect billions of dollars worth of trade, roiling global markets and currencies. Trump said the tari...

January 13, 2025 4:14 PM

India faces $14.6 billion tariff burden If US imposes 20% duty: BCG report

India's trade trajectory could face significant headwinds if the United States enforces a 20% across-the-board tariff on imports from the country, according to a report by Boston Consulting Group (BCG). Such a move would add an estimated $14.6 billio...

December 16, 2024 11:40 AM

China’s fragile recovery: industrial gains, sluggish retail, and stimulus pressure as U.S. tariffs loom

China's industrial output growth quickened slightly in November, while retail sales disappointed, keeping pressure on Beijing to ramp up stimulus for a fragile economy as it braces for more U.S. trade tariffs under a second Trump administration. The...