International trade
Trump tariffs live updates: U.S. could exclude auto industry, White House expected to make announcement
Bloomberg: U.S. weighing one-month delay on auto tariffs The U.S. administration is considering delaying tariffs on automobiles from Mexico and Canada by one month, Bloomberg News reported, citing people familiar with the matter. Administration officials met with the heads of Ford, General Motors and Stellantis on Tuesday, with another meeting set for Wednesday, the Bloomberg […]
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Canada requests WTO consultations with U.S. over ‘unjustified tariffs’, says ambassador
Canada’s Prime Minister Justin Trudeau speaks during a news conference about the US tariffs against Canada on March 4, 2025 on Parliament Hill in Ottawa, as Foreign Minister Melanie Joly (L) and Minister of Finance and Intergovernmental Affairs Dominic Leblanc look on. Dave Chan | Afp | Getty Images Canada has requested consultations with the […]
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Europe stocks open higher; German borrowing costs soar as Merz plans debt rule overhaul
European stocks opened higher Wednesday amid optimism that U.S. President Donald Trump’s 25% duties on Canada and Mexico could be relaxed, with investors also paying close attention to the potential reform of Germany’s contentious debt brake system. The Stoxx 600 index was 1.05% higher shortly after the open, following the broad downturn in global equities on […]
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Inflation from Trump’s trade tariffs is going to hit soon, says shipping giant Maersk
The Maersk Halifax, on the Central and South America route, berths at the Qianwan Container Terminal of Qingdao Port in Qingdao, Shandong Province, China, on November 10, 2024. Nurphoto | Nurphoto | Getty Images As a result of President Trump’s tariffs on Mexico and Canada, prepare for higher prices to hit soon. That is the […]
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Trump’s tariffs showcase his extraordinary presidential power — and its limitations
U.S. President Donald Trump reacts as he speaks with members of the media on the South Lawn before boarding Marine One at the White House, in Washington, D.C., U.S., Feb. 28, 2025. Nathan Howard | Reuters U.S. importers and their customers are about to experience the full force of President Donald Trump’s unprecedented use of […]
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Trump signals U.S. and U.K. could reach ‘real trade deal’ without tariffs
U.K. Prime Minister Keir Starmer and U.S. President Donald Trump at a joint press conference in the East Room at the White House on Feb. 27, 2025, in Washington, D.C. Carl Court | Getty Images News | Getty Images U.S. President Donald Trump signaled the U.K. could broker a “real trade deal” and escape tariffs […]
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European markets poised to open lower as U.S. tariff threat weighs on sentiment
European markets are expected to open in negative territory on Friday, after U.S. President Donald Trump threatened once again to slap tariffs on the EU and followed through with new levies on Canada and Mexico. London’s FTSE 100 is expected to open 0.6% lower, according to IG, while the German DAX index is slated […]
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Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.
US President Donald Trump holds a cabinet meeting at the White House in Washington, DC, on February 26, 2025. Jim Watson | Afp | Getty Images U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the economic and political bloc was formed “to screw” the U.S. On Wednesday, […]
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Putin says Europe is needed in Ukraine talks, but suggests deal still distant
Europe’s participation in Ukraine peace talks will be needed eventually but Moscow first wants to build trust with Washington, President Vladimir Putin said on Monday, while suggesting that a deal to end the conflict may still be far off. As Ukraine marked the third anniversary on Monday of Russia’s invasion that has killed thousands of civilians and displaced millions, […]
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CNBC’s Inside India newsletter: How natural gas could help solve the India-U.S. trade dispute
Workers walk on the jetty’s platform at the Dhamra LNG Terminal Private Limited (DLTPL) near Dhamra port in Bhadrak district of India’s Odisha state on October 16, 2024. (Photo by Punit PARANJPE / AFP) (Photo by PUNIT PARANJPE/AFP via Getty Images) Punit Paranjpe | Afp | Getty Images This report is from this week’s CNBC’s […]
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