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India overtakes China as biggest smartphone exporter to the United States, report says
For the first time India has overtaken China as the No. 1 exporter of smartphones to the United States, following Apple’s tariff-driven manufacturing pivot to New Delhi.
Coffee and cocoa could be exempt from tariffs in trade deals, commerce secretary says
Natural resources that are not grown in the United States, including coffee and cocoa, could be exempt from import tariffs when trade deals with producing countries are reached, U.S. Commerce Secretary Howard Lutnick said on Tuesday.
To avoid worst of Trump tariffs, E.U. accepted a lopsided deal
Balancing economic interests and security concerns, European officials said they got the best deal possible with Trump, but critics said Brussels ceded to pressure.
How are businesses are preparing for the August 1 tariff deadline? They can’t
On August 1, hundreds of countries will come to learn their fate with the United States, when President Donald Trump’s pause on “reciprocal” tariffs ends. But businesses say planning has proven near impossible after months of whipsaw trade policy.
Trump reaches agreement with E.U. to impose 15% tariff, with exceptions for key industries
The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.
US-Japan Trade Deal Guarantees Lowest Tariff Rates for Chips, Pharma, Japanese Official Says
TOKYO (Reuters) -Japan's leading trade negotiator said on Tuesday that the trade deal Tokyo agreed with the United States last week guarantees Japan will always receive the lowest tariff rate on chips and pharmaceuticals of all the pacts negotiated by Washington.
Aluminium flows shift after Trump doubles down on tariffs
Canadian aluminium smelters have started diverting primary metal away from the United States in response to the ratcheting up of import tariffs, first to 25% in March and then to 50% in June.
Russia Faces Tariffs In 10 Days If No Progress On Ending Ukraine War, Warns Trump
U.S. President Donald Trump said on Tuesday that the United States would start imposing tariffs and other measures on Russia "10 days from today" if Moscow showed no progress toward ending its more than three-year-long war in Ukraine.
US-EU deal sets a 15% tariff on most goods and averts the threat of a trade war with a global shock
EDINBURGH, Scotland -- The United States and the European Union agreed on Sunday to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher import duties on both sides that might have sent shock waves through economies around the globe.
Who Pays for U.S. Tariffs, and Where Does the Money Go?
President Trump is seeking to raise federal revenue by imposing levies on goods from foreign nations. Here’s how the process works.
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