Trade
What Europe’s response to a no-deal with Trump could look like
US President Donald Trump delivers remarks at the “Winning the AI Race” AI Summit at the Andrew W. Mellon Auditorium in Washington, DC, on July 23, 2025. Andrew Caballero-reynolds | Afp | Getty Images Brussels is preparing for a no-deal scenario as uncertainty persists about if and when a trade agreement between the European Union […]
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Textiles to whisky: U.K.–India ‘historic’ deal is set to boost bilateral trade by over $34 billion a year
AYLESBURY, ENGLAND – JULY 24: UK Prime Minister Keir Starmer and Prime Minister Narendra Modi of India walk in the grounds at Chequers on July 24, 2025 in Aylesbury, England. Kin Cheung | Getty Images News | Getty Images U.K. and India’s bilateral trade is set to get a more than $34 billion annual boost […]
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India appears unfazed as trade deadline with the U.S. nears. Here’s why
US President Donald Trump and Indian Prime Minister Narendra Modi attend “Howdy, Modi!” at NRG Stadium in Houston, Texas, September 22, 2019. Saul Loeb | Afp | Getty Images As the window of opportunity for India to seal a trade deal with the U.S. closes on Aug. 1 — when tariffs are set to increase […]
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Trump Commerce Secretary Lutnick says U.S. auto CEOs are ‘cool with’ higher tariffs than Japan
Commerce Secretary Howard Lutnick said Thursday that American auto CEOs told him they are “cool with” President Donald Trump’s new trade deal, which could put lower tariffs on cars imported from Japan than on cars made by U.S. companies in Canada and Mexico. Lutnick brushed off complaints from a group representing General Motors, Ford and […]
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With no guarantee of an EU-U.S. trade deal, Europe keeps its options open
US President Donald Trump delivers remarks at the “Winning the AI Race” AI Summit at the Andrew W. Mellon Auditorium in Washington, DC, on July 23, 2025. Andrew Caballero-Reynolds | AFP | Getty Images A trade agreement between the European Union and U.S. could be imminent, however with no guarantees Brussels continues to prepare retaliatory […]
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Trump’s aluminum tariffs may be sparking a green recycling boom — unintentionally
Key Points President Donald Trump’s tariffs on aluminum imports are spurring growth in recycling as consumers try to avoid additional costs from duties. Recycling the metal consumes just 5% of the energy it takes to produce the same amount of primary aluminum through a smelter, making it more environmentally friendly. The strong dynamic could change […]
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World’s largest olive oil producer warns U.S. consumers of a double whammy from Trump tariffs
Bottles from the Spanish cooking and extra virgin olive oil brand Carbonell are seen displayed for sale at a supermarket. Sopa Images | Lightrocket | Getty Images Spain’s Deoleo, the world’s largest olive oil producer, says U.S. President Donald Trump’s threat to impose 30% tariffs on imports from the European Union could translate into higher […]
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Republican senators join Dems on bill to exempt small businesses from Trump’s Canada tariffs
From left, Sen. Susan Collins, R-Maine, and Sen. Lisa Murkowski, R-Alaska, talk as they arrive for a vote in the U.S. Capitol on Wednesday, April 30, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images Republican Sens. Susan Collins and Lisa Murkowski are joining Democrats to back a new bill that would exempt millions […]
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Germany’s auto giants rally as U.S.-Japan trade deal raises hopes of a tariff breakthrough
Vehicles are assembled on a line at the BMW plant in Leipzig. Picture Alliance | Picture Alliance | Getty Images Shares of Europe’s top carmakers jumped on Wednesday after the U.S. and Japan’s blockbuster trade agreement raised hopes of a tariff breakthrough for other major exporters. In a post on social media platform Truth Social, […]
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CNBC Daily Open: Japan markets rally on the country’s 15% tariff rate — it’s a new era of trade
A man walks in front of an electronic quotation board displaying the Nikkei Stock Average on the Tokyo Stock Exchange in Tokyo on July 23, 2025. Kazuhiro Nogi | Afp | Getty Images The anchoring effect is one of the sneakiest tools companies use to make us spend money. Here’s how it works. Let’s say […]
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