Trade
Maersk shares drop as CEO warns Iran war will have bigger impact in coming months
Maersk and HMM container ships at the Port of Los Angeles in Los Angeles, California, US, on Wednesday, Sept. 24, 2025. Bloomberg | Bloomberg | Getty Images The U.S.-Iran war had created a “new wake-up call” for global trade, Maersk CEO Vincent Clerc told CNBC on Thursday, warning that the impact could worsen in the […]
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From jewelers to health tech, CEOs want tariff refunds as earnings take a hit
A Pandora Bracelet at the PANDORA Concept Store. Franziska Krug | German Select | Getty Images Companies around the world are lining up for reimbursement, as the impact of U.S. tariffs is laid bare during the first-quarter earnings season. Philips and Pandora on Wednesday announced their intentions to apply for tariff rebates in the wake […]
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UK exports to U.S. plunge by 25% after Trump’s ‘liberation day’ tariffs blitz
US President Donald Trump (L) shakes hands with British Prime Minister Keir Starmer as they speak to reporters after meeting during the Group of Seven (G7) Summit at the Pomeroy Kananaskis Mountain Lodge in Kananaskis, Alberta, Canada on June 16, 2025. Brendan Smialowski | Afp | Getty Images U.K. goods exported to the U.S. plunged […]
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Trump scraps Scotch whisky tariffs ‘in honor’ of King Charles
U.S. President Donald Trump and King Charles III during a meeting in the Oval Office of the White House on April 28, 2026 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump repealed tariffs on a key U.K. export on Thursday, after a state visit from King Charles […]
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China factory activity tops expectations in April — but growth slows as new orders soften
Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images China’s factory activity topped analysts’ expectations in April, although growth slowed from the prior month when it hit a year-high, as new orders saw a […]
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U.S. is ‘being humiliated by Iran,’ says Germany’s Merz, as Europe’s patience wanes
US President Donald Trump looks on during a meeting with Lebanon’s Ambassador to the US, Nada Hamadeh Moawad, and Israel’s Ambassador to the US, Yechiel Leiter, at the White House in Washington, DC on April 23, 2026. Brendan Smialowski | Afp | Getty Images The U.S. is being “humiliated” by the Iranian regime, Germany’s chancellor […]
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U.S. imposes sanctions on Chinese ‘teapot’ refinery for buying Iranian oil
Hengli Petrochemical’s refining, petrochemical complex is seen at Changxing island in Dalian, Liaoning province, China July 16, 2018. Aizhu Chen | Reuters The Trump administration said on Friday it had imposed sanctions on an independent “teapot” refinery in China for buying billions of dollars’ worth of Iranian oil, as Washington and Tehran head into another […]
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Trump warns of ‘big tariff’ if UK doesn’t drop digital services tax on U.S. tech firms
US President Donald Trump during a healthcare affordability event in the Oval Office of the White House in Washington, DC, US, on Thursday, April 23, 2026. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump has delivered a stark warning to the U.K., threatening to impose steep tariffs on the country unless it drops […]
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Iran war, U.S. court’s tariff ruling delays India trade deal — but a bigger risk lies ahead
The Indian flag flies in front of billboards featuring images of Indian Prime Minister Narendra Modi and U.S. President Donald Trump in Ahmedabad, India, on Feb. 23, 2020. Bloomberg | Bloomberg | Getty Images The India-U.S. trade deal remains unsigned after months of negotiations, with the Iran war and a U.S. court ruling against tariffs […]
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Japan’s exports expand 11.7% in March on brisk demand, higher prices
File photo: The Japanese national flag flies in front of the container pier in the Tokyo port. Toshifumi Kitamura | Afp | Getty Images Japan’s exports rose for a seventh straight month, data showed on Wednesday, boosted by solid global demand and rising prices and for now defying any major impact from disruptions caused by the conflict […]
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