Tariffs

Parliamentary majority boosts Carney’s ability to handle US tariff tensions

Tariffs Tejaswini Deshmukh -
Canada’s Prime Minister Mark Carney has secured a parliamentary majority, a development that directly strengthens his ability to respond to rising trade tensions with...

EU plans to cut steel imports by 47% and raise tariffs to protect domestic industry

Tariffs Tejaswini Deshmukh -
The European Union has taken a big step to protect its steel industry. It has agreed to reduce the amount of steel that can...

US signals 50% tariff risk for China over Iran arms concerns and suggests oil trade shift

Tariffs Tejaswini Deshmukh -
Tensions have increased after reports suggested that China may be preparing to send weapons to Iran. According to recent...

Ecuador hikes tariffs to 100% on Colombian products amid growing bilateral tensions

Tariffs Tejaswini Deshmukh -
Ecuador has sharply increased tariffs on goods coming from Colombia, raising them to 100% from an earlier 50%. The...

Trump warns of 50 percent tariffs on nations linked to Iran arms supply

Tariffs Tejaswini Deshmukh -
The United States has issued a strong warning that is drawing global attention. Donald Trump announced that any country...

US government refuses aluminum tariff relief request linked to Novelis plant shutdown

Tariffs Tejaswini Deshmukh -
A recent report has revealed that the United States government has refused requests from major automakers seeking relief from...

South Korea introduces tariff relief and faster customs clearance amid Hormuz crisis

Tariffs Tejaswini Deshmukh -
South Korea has announced a set of temporary steps to protect its economy as global shipping routes face serious...

UK secures tariff-free access to US market under new pharmaceutical agreement

Tariffs Tejaswini Deshmukh -
The United Kingdom has finalised a major pharmaceutical trade deal with the United States. This agreement allows medicines made...
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