Trade
U.S. grants Hungary exemption on Russia sanctions after warm Trump-Orban meeting
Hungary’s Prime Minister Viktor Orban attends a bilateral lunch hosted by U.S. President Donald Trump, at the White House in Washington, D.C., U.S., Nov. 7, 2025. Jonathan Ernst | Reuters The United States has granted Hungary a one-year exemption from U.S. sanctions for using Russian oil and gas, a White House official said on Friday, […]
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India’s auto sales just had a blowout month: Up 40% on festive demand, tax cuts
MUMBAI, INDIA – OCTOBER 18: On Dhanteras, auspicious day, many people purchased new vehicles at the Car Showroom in Thane, on October 18, 2025 in Mumbai, India. Hindustan Times | Hindustan Times | Getty Images India’s auto industry posted its strongest month on record in October, underscoring a sharp rebound in domestic consumption that could offset the […]
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Trump says India has ‘largely stopped’ buying Russian oil, hints at visiting the country next year
US President Donald Trump speaks with the press as he meets with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, DC, on Feb. 13, 2025. Jim Watson | AFP | Getty Images In a sign of easing pressure on India, U.S. President Donald Trump said that trade talks […]
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Shipping giant Maersk raises outlook, CEO says global trade proving more resilient than feared
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 Danish shipping giant Maersk on Thursday posted stronger-than-expected third-quarter operating profit and raised the lower-end of its full-year guidance, bolstered by increasing container volumes. The company, widely regarded […]
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Supreme Court hears Trump tariff case on Wednesday with broad trade policy at stake
U.S. Supreme Court Police stand behind security barriers in front of the Court building, which is obscured in construction scaffolding, on the first day of the Court’s new term on October 06, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Supreme Court on Wednesday morning will hear oral arguments to decide the fate […]
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How Chinese EV makers are winning in Brazil
On the streets of Rio de Janeiro, it’s not hard to spot the latest sign of China’s growing global auto ambitions. Electric vehicles from Chinese brands like BYD and Great Wall Motor have been flowing in. “There are a lot of Chinese cars on the streets,” said EV owner Sérgio Ramalho. Brazil has become the […]
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Bessent says U.S. has ‘lots’ of options to use on tariffs if it loses Supreme Court case
Treasury Secretary Scott Bessent said Tuesday that there are other options in case of defeat as the Supreme Court is about to hear a landmark case on President Donald Trump’s tariffs. The high court is set Wednesday to hear arguments on whether Trump exceeded his authority under the International Emergency Economic Powers Act to enact […]
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Trump backtracks on attending Supreme Court tariffs case arguments
U.S. President Donald Trump speaks to members of the media as he arrives at Palm Beach International Airport in West Palm Beach, Florida, U.S., October 31, 2025. Elizabeth Frantz | Reuters President Donald Trump, who recently suggested he would be at the Supreme Court on Wednesday for oral arguments in the case that will determine […]
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Auto giants rally as China says it will consider exemptions for Nexperia chip exports
In this photo illustration, the logo of semiconductor manufacturer Nexperia is displayed on a screen. Vcg | Visual China Group | Getty Images Shares of Europe’s biggest carmakers rose on Monday as fears over an industry shortage of semiconductors appeared to recede. China on Saturday said it would consider some exemptions for Nexperia chip exports. […]
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India now incurs higher U.S. tariffs than China. What does it say about Trump’s foreign policy?
US President Donald Trump and Indian Prime Minister Narendra Modi arrive to hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025. Jim Watson | Afp | Getty Images De-escalation in tensions between China and the U.S. after their leaders met in South Korea last […]
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