US to suspend South Africa, Rwanda from AGOA trade programme from 2027
The African nations would lose their eligibility under the AGOA over concerns like human rights, corruption, trade barriers and threats to 'US interests'...
Tag : tariffs
Canada, UAE sign trade deal as Ottawa presses Washington to ease tariffs
Canada and the UAE aim to eliminate tariffs on more than 99% of Canadian exports, while Ottawa pursues relief from US duties on steel and automobiles...
Trump eases Canadian tariffs, repairs ties with Bombardier ahead of US midterms
While the North American majors have remained locked in a trade dispute since August, backchannel talks are underway as well, to restore normalcy...
Audi CEO faces scrutiny over USD 4 billion US plant investment amid Trump tariff tensions
Audi's proposal of pumping USD 4 billion into a new US assembly plant was announced by Trump at a Republican election rally in Georgia...
Midterms 2026: America’s rich close their wallets as the elections loom
Three straight months of falling luxury card spending, stubborn inflation and a hawkish Fed suggest the affluent shoppers are finally feeling the squeeze...
US import prices jump 8.1% as Iran war fuels inflation ahead of midterms
The latest figures follow increases in consumer and producer prices, strengthening concerns that inflation is spreading beyond energy...
Trump tariffs fail to curb US imports as trade deficit deepens to record high
While the trade shortfall increased 13.7% to USD 105.6 billion, US posted record deficits with at least three countries, including Mexico...
Xi-Trump Summit: China, US agree tariff cuts on USD 60 billion of goods
The tariff cuts cover an array of products ranging from US corn to cosmetics and from Chinese household appliances to toys...
Fed raises interest rates ahead of US midterms, Warsh calls it ‘right decision’
The decision taken by the apex bank has effectively put a stamp of acknowledgement on the Trump administration's inability to control inflation...
WTO reform failure threatens 10% of global GDP, warns the trade body
Trade fragmentation could erode growth and exports by 2050 as geopolitical tensions, tariffs and subsidies weaken the multilateral system...