18 July 2025, Bremen, Bremerhaven: Containers are handled at the overseas port. Picture Alliance | Picture Alliance | Getty Images A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of President Donald Trump new trade deal with the European Union. On Sunday, Trump announced a trade deal with the EU, following…
US President Donald Trump (R) and Russia’s President Vladimir Putin speak during their meeting on the sidelines of the G20 Summit in Hamburg, Germany, on July 7, 2017 Mikhail Klimentiev | AFP | Getty Images In heady times — and with trade wars dominating the news agenda — it’s easy to forget that Russia and…
U.S. President Donald Trump and British Prime Minister Keir Starmer react after picking up the trade agreement with the U.K. papers that Trump dropped as they speak to the media during the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Kevin Lamarque | Reuters President Donald Trump‘s sweeping tariff powers and recent trade deals…
India expects to secure “preferential” tariffs from the United States that are better than those achieved by its economic rivals, according to India’s commerce and industry minister Piyush Goyal. Goyal, who led the negotiations on the U.K.-India trade agreement, signaled a confident approach from New Delhi in ongoing trade talks with Washington. “India will get…
President Donald Trump speaks at a dinner for Republican Senators at the White House in Washington, DC, on July 18, 2025. Photo by Allison Robbert/For The Washington Post via Getty Images The U.S. has signaled it will not let up on its Aug. 1 deadline for higher tariffs on the European Union as the bloc…
A European Union (EU) flies alongside a British Union flag, also known as a Union Jack in London. Jason Alden | Bloomberg Creative Photos | Getty Images In 2016, the U.K.’s vote to leave the EU prompted many businesses to shift operations to the European continent, taking investment and headcount with them. Fast forward to 2025, and the specter…
US President Donald Trump speaks during a meeting with Bahraini Crown Prince Salman bin Hamad al-Khalifa in the Oval Office of the White House in Washington, DC, on July 16, 2025. Andrew Caballero-Reynolds | AFP | Getty Images U.S. President Donald Trump is demanding a minimum of 15%-20% tariffs on imports from the European Union,…
President Donald Trump on Tuesday said he reached a preliminary trade deal with Indonesia that will set a 19% tariff on the Southeast Asian country’s U.S. exports. “We will pay no tariffs. So they are giving us access into Indonesia, which we never had,” Trump told reporters outside the White House. “That’s probably the biggest…
Key Points Jamie Dimon told an event in Ireland on Thursday that Europe was “losing” on competitiveness and lacked the kind of global, successful corporations common in the U.S. The JPMorgan Chase boss also told an event in Ireland that there was “complacency in the markets” around U.S. tariffs and rates. Dimon said he saw…
Brazilian President Luiz Inacio Lula da Silva said Wednesday that his country will respond with reciprocity to U.S. President Donald Trump‘s newly announced 50% tariff rate on his country’s exports, citing a newly adopted Brazilian law that authorizes the government to take proportional countermeasures. Trump said Wednesday the U.S. will impose the tariff on imports…
