Reuters | April 08, 2025 | International Trade
The United States called China's retaliation against its tariffs a "big mistake" on Tuesday, as a global trade war ignited by President Donald Trump's sweeping levies showed few signs of abating, even as global markets steadied after days of carnage.
Reuters | April 08, 2025 | International Trade | Commodity
The trade war stirred by U.S. tariffs raises a risk for metal demand, the head of Chile's Antofagasta said, although he predicted AI and other technology could offset any loss of traditional consumption caused by economic weakness.
Reuters | April 07, 2025 | International Trade
European Union ministers broadly agreed on Monday to prioritise negotiations to remove tariffs imposed by President Donald Trump over retaliation even as it prepared a first set of targeted countermeasures.
U.S. President Donald Trump threatened to further increase tariffs on China on Monday, raising the possibility of further escalation in a trade war that has already wiped trillions of dollars from global markets.
The outlook for Prosecco, Brunello di Montalcino and other Italian wines in the United States is increasingly gloomy, producers and importers said, following President Donald Trump's imposition of a 20% tariff on European imports.
Reuters | April 07, 2025 | International Trade | Commodity
President Donald Trump on Monday directed a powerful U.S. national security panel to take a fresh look at Nippon Steel's bid for U.S. Steel to help determine if "further action" is appropriate, raising hopes for an elusive greenlight for the deal.
Kenya is among those exporters hoping a smaller Trump tariff blow vis-a-vis competitors might help them emerge as winners in the nascent global trade war, but translating the disparity into an advantage will be an uphill struggle.
European Union countries will seek to present a united front in the coming days against U.S. President Donald Trump's tariffs, likely approving a first set of targeted countermeasures on up to $28 billion of U.S. imports from dental floss to diamonds.
By Julia Payne and Maggie Fick BRUSSELS/LONDON (Reuters) -European Commission President Ursula von der Leyen held a call with metals industry representatives on Monday and was due to speak later to
Saudi Arabia, the world's top oil exporter, on Sunday slashed its prices for Asian buyers to close to their lowest level in four years, adding to speculation it is seeking to regain market share as part of OPEC+'s strategy to speed up oil output hikes.
Spirit Airlines said on Monday Chief Executive Officer Ted Christie was stepping down from the company.
Some companies have said they are looking at expanding their presence or setting up shop in the United States to mitigate the costs of President Donald Trump's sweeping tariffs.
Canada has requested WTO dispute consultations with the United States over President Donald Trump's decision to impose a 25% duty on cars and car parts from Canada, the World Trade Organization said on Monday.
Reuters | April 06, 2025 | International Trade
Indonesia will not retaliate against U.S. President Donald Trump's 32% trade tariff on Southeast Asia's largest economy, its senior economic minister said on Sunday in the government's first response to the levy.
Taiwan's President Lai Ching-te on Sunday offered zero tariffs as the basis for talks with the U.S., pledging to remove trade barriers rather than imposing reciprocal measures and saying Taiwanese companies will raise their U.S. investments.
© Copyright 1999–2026 American Journal of Transportation. All Rights Reserved
