Trade
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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Trump threatens to impose 100% tariff if Canada makes deal with China
US President Donald Trump speaks to the press upon returning to Joint Base Andrews in Maryland on January 13, 2026. Mandel Ngan | Afp | Getty Images President Donald Trump on Saturday warned Canada that the U.S. would impose 100% tariff on goods sold in the U.S. if the country strikes a trade deal with […]
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Greenland PM: Don’t know details of Trump-NATO deal framework, but sovereignty is a ‘red line’
Greenland’s Prime Minister Jens-Frederik Nielsen holds a press conference in Nuuk, Greenland, Jan. 22, 2026. Marko Djurica | Reuters Greenland Prime Minister Jens-Frederik Nielsen said in a press conference Thursday he doesn’t know what’s in the “framework” deal that President Donald Trump announced after meeting with NATO’s leader a day earlier. But Nielsen stressed that […]
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EU needs ‘greater clarity’ on Trump’s Greenland intentions after he backs down on tariffs, senior lawmaker tells CNBC
The EU needs “clarity” on Donald Trump’s intentions after he cancelled his planned levies against eight countries over their stance on Greenland, a senior lawmaker has told CNBC. EU lawmakers have removed the threat of tariff countermeasures against the U.S. after the U.S. president backed down. Bernd Lange, a member of the European Parliament and […]
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CNBC Daily Open: Trump calls off tariffs on Europe, but nations are still walking a diplomatic tightrope
U.S. President Donald Trump attends a bilateral meeting with NATO Secretary General Mark Rutte on the sidelines of the World Economic Forum (WEF) Annual Meeting on January 21, 2026 in Davos, Switzerland. Chip Somodevilla | Getty Images U.S. President Donald Trump announced Wednesday that he and NATO Secretary General Mark Rutte have agreed on what […]
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CNBC Daily Open: A ‘concept’ of a plan on Greenland and no more European tariffs — Trump’s remarkable day at Davos
U.S. President Donald Trump reacts as he leaves the congress centre during the World Economic Forum (WEF) annual meeting in Davos on Jan. 21, 2026. Fabrice Coffrini | AFP | Getty Images The tariff clock stopped just in time. U.S. President Donald Trump announced Wednesday that he and NATO Secretary General Mark Rutte have agreed […]
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