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The incident is the latest setback for a firm whose shares have fallen by more than half since early 2023 and which is facing a 39% tariff on its exports to the United States.
A 90-day extension to a tariff reprieve - agreed to by Washington and Beijing on August 11 - will allow retailers to rush in ...
Fitch Ratings estimated that the overall U.S. effective tariff rate ("ETR") is 16%, down from its estimate of 17% at the beginning of the month, reflecting a marked increase in imports from Canada and ...
China’s top diplomat landed in neighbouring India on Monday, seeking to bolster long-fraught relations in the face of intense ...
Trump’s unapologetically mercantile view of trade and foreign relations turns every economic relationship into a scoreboard.
Trump has issued an ultimatum for India to end its purchases of Russian oil — a key revenue source for Moscow's war in Ukraine — or Washington will double new import tariffs on India from 25% to 50%.
The foreign ministers of India and China met in New Delhi on Monday in a renewed effort by the nuclear-armed Asian rivals to ...
President Trump’s July executive order is ending the “de minimis” tariff exemption, which allowed U.S. shoppers to buy packages valued at $800 per day directly from foreign sellers free of tariffs and ...
To President Trump’s supporters, the one-sided trade “deals” negotiated with the United Kingdom, Japan and most recently the ...
Markets bet on a September Fed rate cut at Jackson Hole, but sticky inflation, Trump tariffs, and Powell’s framework review could derail expectations.
German Foreign Minister Johann Wadephul accused China of enabling Russia’s war in Ukraine by supplying vital goods and buying ...
Welcome to the Daily News Brief, CFR’s flagship morning newsletter summarizing the top global news and analysis of the ...
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