Trade
China slaps tariffs of up to 42.7% on EU dairy products, alleging ‘damage’ to the domestic dairy industry
French cheeses displayed in a store in Paris. Bertrand Guay | Afp | Getty Images China announced tariffs of up to 42.7% on dairy products from the European Union Monday, following the results of an anti-subsidy investigation that began in August 2024. In a statement by the country’s Ministry of Commerce, China said that EU […]
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India and New Zealand announce trade pact making majority of goods trade duty free
New Delhi, India – March 17: Prime Minister Narendra Modi meets Prime Minister of New Zealand Christopher Luxon at Hyderabad House in New Delhi on March 17, 2025. The India Today Group | The India Today Group | Getty Images India and New Zealand on Monday announced a free trade deal that will make a […]
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U.S. launches review of advanced Nvidia AI chip sales to China: Reuters
Nvidia’s H20 chip. Vcg | Visual China Group | Getty Images U.S. President Donald Trump’s administration has launched a review that could result in the first shipments to China of Nvidia’s second-most powerful AI chips, five sources said, making good on his pledge to allow the controversial sales. Trump this month said he would allow sales of Nvidia’s H200 chips to China, […]
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Trump tariffs: Small businesses take on high-interest rate loans to cover new costs
A protester with the Main Street Alliance holds a sign outside the U.S. Supreme Court, as its justices are set to hear oral arguments on President Donald Trump’s bid to preserve sweeping tariffs after lower courts ruled that Trump overstepped his authority, in Washington, Nov. 5, 2025. Nathan Howard | Reuters Some small businesses that […]
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Japan’s exports record fastest growth in nine months, sharply beating expectations
Honda vehicles are lined up at a vehicle storage yard at an industrial port, on the day U.S. President Donald Trump struck a trade deal with Japan that lowers tariffs on auto imports, in Yokohama, near Tokyo, Japan, July 23, 2025. Kim Kyung-hoon | Reuters Japan’s exports in November rose at their fastest rate in […]
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Top Trump aide Susie Wiles says he has ‘alcoholic’s personality,’ sought ‘retribution’ against NY AG Letitia James
President Donald Trump has an “alcoholic’s personality” and has engaged in legal “retribution” against his enemies since his return to office, White House chief of staff Susie Wiles said in a remarkably candid series of interviews with Vanity Fair published Tuesday. Wiles said in March that she and Trump had a “loose agreement that the […]
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U.S. halts UK tech trade deal negotiations, FT reports
The U.S. has halted a technology trade deal with the U.K., after officials in Washington became frustrated with the pace of progress, the Financial Times reported on Tuesday. Announced in September during President Donald Trump’s state visit to the U.K., the “technology prosperity deal” is a sweeping agreement aimed at encouraging collaboration between the countries […]
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Pentagon takes big stake in new Korea Zinc smelter in Tennessee, will get 10% of company
The Defense Department is getting a 40% stake in a $7.4 billion mineral smelter to be built in Tennessee in partnership with Korea Zinc, Reuters reported Monday. The critical minerals smelting and processing facility could produce 540,000 tons of materials in the U.S. per year, according to the U.S. Commerce Department. The deal comes as […]
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New Trump tariffs collection hits $200 billion, Customs says
President Donald Trump smiles from the field before the 126th America’s Game between the Army Black Knights and the Navy Midshipmen at M&T Bank Stadium in Baltimore, Dec. 13, 2025. Patrick Smith | Getty Images The United States has collected more than $200 billion in tariffs this year as a result of new duties imposed […]
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India goods exports rise in November despite U.S. tariffs
An employee works inside a textile mill at Bhilwara in India’s Rajasthan state, on July 6, 2025. Himanshu Sharma | Afp | Getty Images India’s total goods exports for November rose 19% on year to $38.13 billion, with sharp improvement in the country’s trade with U.S. India’s merchandise goods trade deficit, which had touched a […]
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