US tariff Archives

October 26, 2025 9:34 AM

Trump sets 10% hike in tariffs on Canada after ad airs during World Series

U.S. President Donald Trump said on Saturday he was increasing tariffs on Canada by an additional 10% "above what they're paying now," as he reacted again to an ad by Canada's Ontario province, a day after it was aired during the World Series broadca...

August 28, 2025 4:43 PM

Japan’s trade negotiator cancels US visit over tariff deal snag

Japan's top trade negotiator cancelled a visit to the United States at the last minute on Thursday, further delaying talks designed to finalise a $550 billion investment package offered by Tokyo in exchange for relief on punishing tariffs. Ryosei Ak...

August 11, 2025 12:25 PM

Indian rupee strengthens against US dollar despite tariff concerns

The Indian rupee opened stronger on Monday, amid additional 25 per cent tariff proposed by US President Donald Trump on India, which is set to take effect from August 27. The rupee likely inched up higher on optimism that the Russia-Ukraine war will...

August 5, 2025 10:22 AM

EU to suspend US tariff countermeasures for 6 months

The European Union will suspend its two packages of countermeasures to U.S. tariffs for six months following a deal with U.S. President Donald Trump, a Commission spokesperson said on Monday. The EU-U.S. agreement leaves many questions open, includi...

July 14, 2025 3:59 PM

Trump demands more concessions as EU holds off on US tariff countermeasures

The European Union said on Sunday it would extend its suspension of countermeasures to U.S. tariffs until early August and continue to press for a negotiated settlement as U.S. President Donald Trump's administration demanded more concessions from tr...

April 16, 2025 4:19 PM

China responds to 245% US tariff: “Ask US for details”

Reacting to the White House’s claim that China now faces tariffs of up to 245% on exports to the United States, Chinese Foreign Ministry spokesperson Lin Jian urged reporters to “ask the US side for specific tax rate figures.” Addressing a...

April 16, 2025 3:16 PM

China Q1 GDP growth tops expectations, but US tariff shock looms large

China's first-quarter economic growth outstripped expectations, underpinned by solid consumption and industrial output, but analysts fear momentum could shift sharply lower as U.S. tariffs pose the biggest risk to the Asian powerhouse in decades. Pr...

April 11, 2025 3:34 PM

No Clear Winner: Xi Jinping responds as China raises tariffs on US goods to 125%

Chinese President Xi Jinping has warned that “there is no winner in a tariff war,” emphasizing that unilateral actions risk isolating nations from the global community. His remarks came during a meeting with Spanish Prime Minister Pedro Sanchez i...