Fact check: Did US go from ice cream trade surplus to deficit under Biden? | Food
President Donald Trump’s administration dished out a cold burn to Trump’s ice-cream-loving predecessor, Joe Biden, saying he led the US ice cream industry down an…
Has Donald Trump’s policy of imposing trade tariffs worked? | Trade War
President Trump signs major trade deal with Japan, and Tokyo pledges to invest in the United States.President Donald Trump promised to shake up global trade…
American Airlines restores forecast amid economic uncertainty | Travel News
Booking tumbled in the summer months as consumers pulled back on travel expensesAmerican Airlines has restored its full-year outlook as broader economic uncertainty continues to…
China’s Xi calls for pragmatism at summit with EU in uncertain times | Trade War News
Chinese President Xi Jinping and top EU officials mark 50 years of diplomatic ties in Beijing at a rocky time in relations.Chinese President Xi Jinping…
Australia lifts curbs on US beef that angered Trump | International Trade News
Canberra says restrictions will be lifted following a ‘rigorous science and risk-based assessment’.Australia has announced that it will lift tough restrictions on beef imports from…
EU-China summit – who’s attending and what’s on the agenda? | Donald Trump News
Brussels, Belgium – Just before the summer lull hits Brussels, the European Union and China will hold a top-level summit in Beijing on Thursday, commemorating…
EU and US edge closer to trade deal as tariff deadline looms | European Union News
US officials are ‘optimistic’ that an agreement could be imminent.German Chancellor Friedrich Merz has said that negotiations between the European Union and the United States…
Trump sets 19% tariff on Philippines in new trade deal | International Trade News
Details about the agreement, which US President Donald Trump announced on Truth Social, are limitedUnited States President Donald Trump said he has reached a trade…
General Motors reports a 35% profit drop as tariffs weigh on car industry | Automotive Industry News
GM’s profit tumble in second quarter comes a day after Jeep maker Stellantis says it expected a $2.7bn loss in the first six months of…
IMF says Gita Gopinath leaving at end of August to return to Harvard | International Monetary Fund News
The move gives US Treasury a chance to recommend replacement, at time that US President Donald Trump is reshaping global economy.Gita Gopinath, the No. 2…
As Trump’s tariff deadline looms, economists see calm before the storm | Trade War
When United States President Donald Trump unveiled his steep “reciprocal” tariffs on dozens of countries in April, economists issued warnings of catastrophic economic harm. So…
In South Korea, Trump’s tariff threats place US love affair under strain | Donald Trump
Seoul, South Korea – When Sideny Sim had a chance to visit the United States on business several years ago, it was the fulfilment of…
Canada introduces tariffs on trade partners to protect domestic industries | International Trade News
Prime Minister Mark Carney also introduced a fund to invest in domestic steel projects.Canadian Prime Minister Mark Carney has said that Canada will introduce a…
Trump announces 19 percent tariff on Indonesia | Trade War News
The new deal comes as the Southeast Asian country plans to buy 50 Boeing jets, according to US President Donald Trump.The United States has struck…
Tesla launches Model Y in India with elevated price tag amid high tariffs | Elon Musk News
The EV maker also opened its first showroom in Mumbai on Tuesday.Tesla has launched its Model Y in India for about $70,000, a significant markup…
Nvidia’s CEO says it gained US approval to sell H20 AI chips to China | Technology
Jensen Huang says Trump administration has assured his company it will be granted licences to export advanced chips.Nvidia CEO Jensen Huang says the technology giant…
China’s economy grows at steady pace despite Trump’s trade war | Donald Trump News
China’s GDP grew 1.1 percent from April to June despite US tariffs, official data shows.China’s economy grew by more than 5 percent in the second quarter,…
EU delays retaliatory tariffs against US amid hopes for trade deal | Donald Trump News
Ursula von der Leyen says bloc hopes to see negotiated solution to trade tensions.The European Union has delayed retaliatory tariffs on exports from the United…
Trump says 30-percent tariffs against EU and Mexico to begin on August 1 | Business and Economy News
This marks an increase of 5 percent and 10 percent on Mexican and EU goods respectively.United States President Donald Trump has imposed a 30-percent tariff…
Trump’s new Brazil tariffs could raise US beef prices | Trade War News
United States President Donald Trump’s newly announced tariffs of 50 percent on Brazilian imports could drive up beef prices for US consumers. Unless the White…