President Donald Trump’s tariff policy has undergone several developments since ‘Liberation Day’. The most recent of the changes saw confusion reign about how the US would treat imports of consumer electronics like smartphones. It came after Mr Trump announced a 90-day pause on so-called “reciprocal tariffs”, reducing the higher-rate tariffs to 10 per cent for…
Gov. Arnold I. Palacios delivers his remarks during the ribbon-cutting ceremony for the expansion of Docomo Pacific’s call center on Middle Road in Gualo Rai on Friday. Photo by Emmanuel T. Erediano U.S. manufacturing companies that import components of their products are looking at relocating to the CNMI in response to President Donald Trump’s imposition…
This is a representational AI image American importers are finding it hard to cope with a wave of new tariffs on Chinese goods announced by US President Donald Trump, with some warning of dire consequences. Rick Woldenberg, CEO of Illinois-based educational toy company Learning Resources, called the situation “the end of days” after Trump abruptly…
The US government has excluded smartphones, computers and other electronics from its reciprocal tariffs, potentially sparing consumers from price hikes, Bloomberg reported. The move that was announced late on Friday by US Customs and Border Protection, benefits tech giants like Apple and Samsung. The report further stated that it narrows the scope of Trump’s trade…
U.S. President Donald Trump on Friday said that 10% is a tariff floor, or pretty close, and that there could be a couple of exceptions. He also told that he thought something positive would come out with China “There could be a couple of exceptions for obvious reasons but I would say 10% is a…
US President Donald Trump announced this week plans to impose heavy tariffs on the pharmaceutical industry “soon”, aiming to bring drug manufacturing back to American soil. He called it a “tremendous problem” that the US is no longer able to produce sufficient antibiotics for its own population. Ozempic, a weight loss drug, is the same…
Putin’s Men Burn Ukraine’s Top Munition Plant; Zelensky ‘Panics, Begs’ For NATO Weapons | Watch Russia has launched devastating strikes on Ukraine’s most critical artillery munitions production facilities—Zvezda and Impulse—in Shostka, Sumy region. The strikes come amid a dramatic slowdown in Russia’s territorial advances, with analysts predicting a possible stall by early summer—coinciding with Trump’s…
Chinese President Xi Jinping has called on European nations to unite with Beijing against what he called U.S. “unilateral bullying,” in a clear swipe at President Trump’s escalating tariff war. During talks with Spain’s Prime Minister Pedro Sanchez in Beijing, Xi urged China-EU cooperation to safeguard global trade stability. Source link
New Delhi: China on Friday said it would raise tariffs on US goods to 125 per cent from 84 per cent, hours after President Xi Jinping urged the European Union to join hands with Beijing in resisting “unilateral bullying”, referring to the massive tariffs imposed by President Donald Trump. The new levy, which will come…
April 11 – The global trade war might have been reduced to a battle between Beijing and Washington for now, but a bruising week for markets has left policymakers at the ECB and in emerging economies facing a very different backdrop when they meet in days to come. Take Five: Riders on the storm Also…