Goods

The European Commission has announced a new list of U.S. goods valued at €72 billion that may face EU tariffs if ongoing tariff negotiations with Washington do not yield results. At a recent meeting in Brussels, trade Commissioner Maros Šefčovič unveiled this proposal, highlighting that it encompasses "approximately 72 billion euros' worth of U.S. imports." This development follows U.S. President Donald Trump's threats to impose a 30% tariff on EU products if an agreement isn't reached by August 1. Despite the turbulent…

What lies behind President Donald Trump's announcement of a 50% tariff on European Union (EU) imports? It seems the answer isn't straightforward, leaving many speculating. This unexpected policy shift emerged just as Washington was transitioning into a long Memorial Day weekend, catching traders off-guard. As the implications rolled out, financial markets on both sides of the Atlantic responded rapidly—though not with the panic we've seen in past tariff-induced downturns. The recent tariffs on China escalated rapidly,…

In a significant escalation of the ongoing trade tensions, China has raised its tariffs on U.S. imports to an astounding 125%. This move comes in direct response to U.S. President Donald Trump's recent decision to increase duties on Chinese goods, further heightening the stakes in a trade conflict that poses serious risks to global supply chains. This retaliatory action from China exacerbates the economic instability triggered by President Trump’s tariffs, which have led to market declines and left international leaders…

U.S. agricultural exports, fuels, and manufactured goods are poised to face significant challenges as China prepares to implement its comprehensive retaliation against President Donald Trump's newly imposed tariffs. Both sets of measures are set to take effect next week. Following President Trump's announcement of a 34% tariff on Chinese imports—raising the total tariff for this year to an imposing 54%—China has responded with plans to impose equivalent tariffs on U.S. goods, along with a series of other countermeasures. As…