Trade
High-end Swiss chocolatier Läderach rules out U.S. production despite tariff shock
Key Points CEO Johannes Läderach categorically stated “never” when asked if his company ever considered opening a production site in the U.S. to circumvent export duties. The Swiss chocolatier faced a shock over the summer as U.S. tariffs on Swiss imports jumped to 39%, though they have since settled at 15%. The levies came on […]
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‘Spoof’ ship: Seized oil tanker Skipper hid location data, visited Iran and Venezuela
Skipper port calls in 2025 MarineTraffic The big crude oil tanker that U.S. forces seized Wednesday off the coast of Venezuela since 2024 has shown a “clear pattern” of spoofing its location to hide where it actually was, according to a leading energy consulting firm. And data suggests that the Guyana-flagged tanker identified as Skipper […]
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Trump says ‘I guess’ U.S. could keep seized oil tanker — but a sale appears likely
U.S. forces abseil onto an oil tanker during a raid described by U.S. Attorney General Pam Bondi as its seizure by the United States off the coast of Venezuela, Dec. 10, 2025, in a still image from video. U.S. Attorney General | Via Reuters After the U.S. military seized a large crude oil tanker off […]
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GOP lawmakers seek Trump aid for agricultural equipment after tariff pressure
A Deere & Co. tractor in front of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. Michael Nagle | Bloomberg | Getty Images Republican lawmakers are appealing to President Donald Trump for more farm relief and aid for agricultural equipment manufacturers amid his tariff blitz, even as the […]
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Swiss government says new 15% U.S. tariff ceiling retroactive to mid-November
U.S. Trade Representative Jamieson Greer testifies before the Commerce, Justice, Science, and Related Agencies Subcommittee in the Dirksen Senate Office Building on Capitol Hill on Dec. 9, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Swiss government said on Wednesday that a previously announced agreement to reduce U.S. tariffs on that country’s imports […]
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U.S.-Indonesia trade deal is in danger of falling apart, FT reports
Indonesia and United States flags together realtions textile cloth fabric texture Oleksii Liskonih | Istock | Getty Images The trade deal between Indonesia and the U.S. is at risk of unravelling as Washington officials view that Jakarta is going back on the terms of the agreement, according to The Financial Times. The report, citing people […]
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China is buying U.S. soybeans again — but falling short of goal set by Trump trade agreement
China has resumed buying U.S. soybeans, but still lags goals set by a trade agreement with President Donald Trump, an NBC News analysis found. China previously was a top buyer of U.S. soybeans, but last spring stopped purchasing American soybeans because of a trade war launched by Trump. The country resumed purchasing soybeans in October […]
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Vietnam’s stock market is booming in 2025. Why this may just be the beginning
Move over, China. Vietnam appears to be taking some of the shine away from Asia’s largest market. Propelled by stock market growth, domestic reforms and trade developments, Vietnam has garnered massive popularity in 2025, with the VanEck Vietnam ETF (VNM) surging around 62%. The iShares MSCI China ETF (MCHI) has lagged behind that, climbing almost […]
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Trump’s trade war shift away from Chinese manufacturing has reached tipping point
A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over […]
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Putin says Russia is willing to supply ‘uninterrupted’ fuel to India, as U.S. pressures New Delhi to cut back
Russian President Vladimir Putin is welcomed by Indian Prime Minister Narendra Modi upon arrival at the Palam Air Base in New Delhi, India December 4, 2025. Grigory Sysoev | Via Reuters Russian President Vladimir Putin has underlined Moscow’s willingness to provide “uninterrupted shipments of fuel” to India, as the U.S. pressures New Delhi to give […]
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