Ursula von der Leyen says bloc hopes to see negotiated resolution to commerce tensions. The European Union has delayed retaliatory tariffs on exports from the US as officers scramble to achieve a commerce cope with Washington forward of US President Donald Trump’s August 1 deadline. Ursula von der Leyen, the president of the European Fee,…
United States President Donald Trump’s newly introduced tariffs of fifty % on Brazilian imports may drive up beef costs for US shoppers. Until the White Home delays or reverses course, the tariffs are set to take impact on August 1. After China, the US is the second-largest importer of Brazilian beef. Brazil is presently the…
The White Home has despatched letters to twenty completely different international locations this week saying new tariffs. US President Donald Trump has issued a brand new spherical of tariff letters to 6 international locations, together with Algeria, Brunei, Iraq, Libya, Moldova and the Philippines. The letters, which had been despatched on Wednesday, name for tariffs…
Nike has mentioned it can minimize its reliance on manufacturing in China for the US market to mitigate the affect from US tariffs on imports, and forecast a smaller-than-expected drop in first-quarter income. The sportswear large’s shares zoomed 15 % on the opening bell on Friday morning after it introduced the change at the side…
New Delhi, India — India has distanced itself from the Shanghai Cooperation Organisation’s (SCO) condemnation of Israel’s ongoing assaults on Iran, signalling a possible rift within the influential Eurasian political bloc over the battle. World leaders have repeatedly known as for de-escalation amid Israel’s unprecedented assaults on its regional rival, Iran, which threaten to destabilise…
Leaders of the Group of Seven (G7) nations – Canada, France, Germany, Italy, Japan, the UK and the US – will meet on Sunday within the distant city of Kananaskis, Alberta, nestled within the foothills of the Canadian Rockies, for 3 days of intense discussions. This would be the 51st G7 summit assembly. The primary…
For the previous three a long time, Vipan Kumar has been importing Himalayan pink salt from Pakistan to promote in India. Nevertheless, New Delhi banned the import of all Pakistani items, together with these routed by way of third international locations, after the killing of 26 individuals, principally Indian vacationers, in Pahalgam in Indian-administered Kashmir…
A federal appeals court docket has briefly reinstated (PDF) US President Donald Trump’s tariffs a day after a commerce court docket dominated that it exceeded the authorities granted to the president. The US Courtroom of Appeals for the Federal Circuit in Washington briefly blocked the decrease court docket’s resolution on Thursday, however supplied no reasoning…
NewsFeed The US has introduced it’s going to start aggressively revoking Chinese language college students’ visas and enhance scrutiny of future candidates. China has responded, saying it opposes any disruption to current scholar trade preparations, as Katrina Yu reviews from Beijing. Revealed On 29 Might 202529 Might 2025
A US commerce court docket on Wednesday struck down former President Donald Trump’s sweeping “Liberation Day” tariffs, ruling he overstepped his authorized authority by imposing blanket import duties with out congressional consent. The court docket dismissed all defences, together with a White Home declare that the tariffs helped facilitate a ceasefire between India and Pakistan.
