U.S. President Donald Trump says the European Union ‘s $750 billion energy pledge will help to revitalize the world’s largest economy, although analysts question whether the 27-nation bloc’s target is in keeping with market reality. Speaking to CNBC’s ” Squawk Box ” on Tuesday morning, Trump lauded recent trade deals with both the EU and…
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U.S. President Donald Trump waves from the roof of the West Wing of the White House as he takes a tour on August 05, 2025 in Washington, DC. Win Mcnamee | Getty Images News | Getty Images U.S. President Donald Trump joined CNBC’s “Squawk Box” Tuesday for a lengthy interview that touched on tariffs, the…
Majority of UK exporters are seeking alternatives to US market due to the new 10% baseline tariff in 2025. Credit: Tomas Ragina/Shutterstock.com. The study, titled “Rethinking Reach: How UK Retailers Are Turning Trade Pressure into Global Advantage,” indicates that larger UK retailers are overhauling their international growth strategies in response to protectionist trade policies that…
U.S. President Donald Trump speaks to reporters ahed of boarding Marine One to depart for New Jersey, at the White House in Washington, D.C., U.S., August 1, 2025. Jonathan Ernst | Reuters The U.S. Bureau of Labor Statistics’ July’s jobs report revised previous months’ figures down so dramatically that U.S. President Donald Trump on Monday…
Students from Gurukul School of Art, carry a poster of Prime Minister of India Narendra Modi and U.S. President Donald Trump on India outside their school. U.S. President Donald Trump imposed a 25% tariff on India along with penalties for buying oil and military equipments from Russia. Sopa Images | Lightrocket | Getty Images India…
Italy is turning up the regulatory heat on the fashion industry – from storied luxury houses to global fast fashion behemoths – as part of a broader clampdown on deceptive environmental, social, and governance claims and exploitative labor practices. The latest high-profile targets? Giorgio Armani and Shein, two brands now facing regulatory penalties that signal…
US President Donald Trump raises his fist upon arrival at the White House in Washington, DC, on August 3, 2025 after spending the weekend at his Bedminster residence. Mandel Ngan | Afp | Getty Images Tensions and fears are running high in Switzerland, as the deadline to strike a trade agreement with the U.S. looms…
America’s trade policies—and the uncertainty surrounding the forthcoming tariffs—are by far the biggest anxiety drivers keeping fashion executives tossing and turning each night. That’s according to the U.S. Fashion Industry Association’s (USFIA) 2025 benchmarking study, released this week. Of 25 leading apparel brands and retailers (most with 1,000 or more employees) surveyed from April through…
TOKYO — South Korean stocks fell sharply on Friday, recording their biggest percentage decline in four months due to investor concerns about the downsides of the country’s trade deal with the U.S. and disappointment over a domestic tax reform plan. The benchmark KOSPI extended its losses from the previous day and closed down 3.9%, marking its biggest…