Trade
All eyes are on Trump’s reaction to the ‘mother of all deals’ between India and the EU
U.S President Donald Trump and Indian Prime Minister Narendra Modi in Washington, DC, on Feb. 13, 2025. Andrew Caballero-reynolds | Afp | Getty Images The ink is barely dry on the European Union and India’s historic trade deal but all eyes are now on how President Donald Trump will react to the free trade agreement […]
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CNBC Daily Open: India forges a trade deal with the EU — as Trump doubles down on tariff playbook
India’s Prime Minister Narendra Modi (C) poses for a photograph with European Commission President Ursula von der Leyen (R) and European Council President Antonio Costa in New Delhi, India, on January 27, 2026. Sajjad Hussain | Afp | Getty Images When the most populous nation on Earth forges a trade deal with a bloc that […]
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India and European Union have closed a ‘landmark’ free trade deal, Prime Minister Modi says
India and the European Union on Monday closed a “landmark” free trade agreement, touted as the ‘mother of all deals,’ Indian Prime Minister Narendra Modi said during a speech at the India Energy Week on Tuesday. The FTA with the EU, which represents about 25% of global GDP and about a third of global trade, […]
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South Korea scrambles to pass U.S. investment bill after Trump threatens higher tariffs
The United States agrees to impose 15% tariffs on imports from South Korea under a trade deal for the vast majority of South Korean products, seen in this photo illustration in Brussels, Belgium, on August 1, 2025. Nurphoto | Nurphoto | Getty Images South Korea’s ruling Democratic Party said it would pass a special act […]
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CNBC Daily Open: Trump turns tariff pressure back on South Korea — but markets are focused on Big Tech earnings
A view from an observatory in Seoul, South Korea, on Monday, Oct. 20, 2025. Jean Chung | Bloomberg | Getty Images U.S. President Donald Trump has been using tariffs in creative ways: to stop drug trafficking (ostensibly), to preserve national security aims (purportedly) and, now, to hasten the legislative process in another country. Trump on […]
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Trump says tariffs on South Korean autos, pharma, to rise to 25% over trade deal approval delay
U.S. President Donald Trump speaks at the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 29, 2025. Tyrone Siu | Reuters President Donald Trump said Monday that he was increasing tariffs on imported autos, pharmaceuticals, and lumber from South Korea from 15% to 25% because of a delay in that country’s […]
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CNBC Daily Open: As Trump destabilizes foreign relationships, Europe forges new ties
US President Donald Trump arrives, prior to at a bilateral meeting in Congress Centre on the sideline of the 56th annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Wednesday, January 21, 2026. Laurent Gillieron | Via Reuters “Good fences make good neighbors,” goes the saying — one that seems to encapsulate U.S. […]
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Carney says Canada not pursuing free trade deal with China as Trump threatens 100% tariffs
Mark Carney, Canada’s prime minister, after speaking in Quebec City, Quebec, Canada, on Thursday, Jan. 22, 2026. Bloomberg | Bloomberg | Getty Images Canada has “no intention” of pursuing a free trade deal with China, Prime Minister Mark Carney said, after U.S. President Donald Trump threatened to slap punitive tariffs on Ottawa. Speaking to reporters […]
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CNBC Daily Open: Canada is drawing Trump’s ire — and faces a 100% tariff
U.S. President Donald Trump speaks to reporters over the North Atlantic as he returns to Washington from the World Economic Forum (WEF) in Davos, Switzerland, aboard Air Force One, U.S., January 22, 2026. Jonathan Ernst | Reuters “Good fences make good neighbors,” goes the saying — one that seems to encapsulate U.S. President Donald Trump’s […]
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India to slash tariffs on cars to 40% in trade deal with EU, sources say
Matthias Luehers, Head Region Overseas, Mercedes-Benz Cars and Martin Schwenk, MD and CEO, Mercedes-Benz India pose with Mercedes Benz A-class Limousine and the New GLA during Auto Expo 2020, on February 5, 2020, in Greater Noida, India. Pradeep Gaur | Mint | Getty Images India plans to slash tariffs on cars imported from the European […]
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