International Trade

Trump slaps tiny African kingdom with highest tariff of all

Reuters | April 03, 2025 | International Trade

World leaders react to Trump’s tariffs

Reuters | April 02, 2025 | International Trade

President Donald Trump said he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, drawing defiant responses from leaders and governments around the world.

Canada will impose counter measures on United States, says Carney

Reuters | April 02, 2025 | International Trade

Canada will fight U.S. President Donald Trump's tariffs with countermeasures, Prime Minister Mark Carney said on Wednesday.

Mexico will not enter a tariff tit-for-tat with US, Sheinbaum says

Reuters | April 02, 2025 | International Trade

Mexican President Claudia Sheinbaum said on Wednesday that Mexico doesn't plan to impose tit-for-tat tariffs on the United States, ahead of President Donald Trump's planned announcement to impose new tariffs.

International Trade

Reuters | April 02, 2025

Trump administration adds beer, can imports to 25% US aluminum tariffs

The Trump administration on Wednesday said it was slapping a 25% tariff on all beer imports, adding the beverage and empty aluminum cans to a list of derivative products subject to its tariffs on aluminum.

NRF forecasts 2025 retail sales to hit $5.42 trillion, despite economic uncertainty

AJOT Newsroom | April 02, 2025 | International Trade

Adviser pushes back on Trump plan to boost domestic minerals production

Reuters | April 02, 2025 | International Trade | Commodity

A well-known adviser to the U.S. International Development Finance Corporation (DFC) is pushing back against a plan by President Donald Trump to use it to boost domestic investment in mineral production.

Trump to escalate global trade tensions with ‘Liberation Day’ tariffs on trading partners

Reuters | April 02, 2025 | International Trade

BHP considered spinning off iron ore, coal divisions

Reuters | April 02, 2025 | International Trade | Commodity

The world's biggest listed miner BHP Group considered spinning off its Australian iron ore and coal divisions as part of a medium-term growth strategy, three sources with knowledge of the matter told Reuters.

India backs EV tariff cuts for Trump trade deal, defying autos lobby, sources say

Reuters | April 02, 2025 | International Trade

India plans to lower import tariffs on electric cars, rejecting requests from local automakers to delay such cuts by four years, as New Delhi prioritizes closing a trade deal with the United States, government and industry sources told Reuters.

US businesses brace for more pain as ‘Liberation Day’ tariffs loom

Reuters | April 02, 2025 | International Trade

Kazakhstan says it has discovered 20 million ton rare earth metals deposit

Reuters | April 02, 2025 | International Trade | Commodity

Kazakh geologists have discovered a rare earth metal deposit with estimated resources of more than 20 million metric tons at a depth of up to 300 metres, the country's industry and construction ministry said in a statement on Wednesday.

International Trade

Stas Margaronis | April 02, 2025

AgTC: Exporters pushing to block proposed China ship penalties

Republicans in the US Senate and House are hearing from agricultural exporters that they should oppose Chinese-built ship penalties, proposed by the Trump administration, warning that farmers will lose export markets if the proposed penalties, assessed on ocean carriers arriving at US ports, are imposed, according to Peter Friedmann, executive director, Agriculture Transportation Coalition (AgTC).

What’s in Trump’s April 1 trade reports ahead of US reciprocal tariffs

Reuters | April 01, 2025 | International Trade

President Donald Trump's hotly anticipated reciprocal tariff announcement on Wednesday will be based in part on consolidated reports due on Tuesday from his trade, Commerce and Treasury chiefs to thoroughly review U.S. trade policy.

White House weighs executive order to fast-track deep-sea mining, sources say

Reuters | April 01, 2025 | International Trade | Commodity

The White House is weighing an executive order that would fast-track permitting for deep-sea mining in international waters and let mining companies bypass a United Nations-backed review process, according to two sources with direct knowledge of the deliberations.

Russia, US start talks on rare earth metals projects in Russia, Putin envoy says

Reuters | April 01, 2025 | International Trade | Commodity

Moscow and Washington have started talks on joint rare earth metals and other projects in Russia, Russia's special envoy on international economic and investment cooperation told the Izvestia media outlet in remarks published on Monday.

International Trade

Reuters | April 01, 2025

Trump aides weigh 20% tariffs as nervous world awaits trade war

White House aides have drafted plans for 20% tariffs on most goods imported to the United States, the Washington Post reported on Tuesday, as President Donald Trump prepares to announce new trade barriers that have businesses, consumers and investors fretting about an intensifying global trade war.

International Trade

Reuters | April 01, 2025

Tariff woes depress US manufacturing, erode labor demand

U.S. manufacturing contracted in March after growing for two straight months, while a measure of inflation at the factory gate jumped to the highest level in nearly three years amid rising anxiety over tariffs on imported goods.

International Trade

Reuters | April 01, 2025

Buffeted by Trump, WTO hunkers down to plot future

From its sleek headquarters on the shores of Lake Geneva, the World Trade Organization hopes to quietly ride out the after-shocks of Trump administration tariffs whose protectionist intent runs in the face of its free-trade mandate.

International Trade

Stas Margaronis | March 31, 2025

Are Trump trade policies undermining the US dollar?

The United States may be facing a crisis of confidence in the US dollar that could have serious economic consequences including raising the price of imported goods and increasing borrowing costs to US lenders.

International Trade

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