Tag: Trade war

Italian PM Meloni Meets With Trump at the White House
She seeks to expand the possibilities for European countries to reach a tariff agreement. On Thursday, Italian Prime Minister Giorgia Meloni met with U.S. President Donald Trump at the White House, where they discussed the possibility of reaching a tariff agreement. RELATED: The Trump Administration May Face Criminal Contempt for Violating Deportation Order “I believe […]
April 17, 2025

California Sues Trump Administration Over ‘Unlawful Tariffs’
Forty percent of goods movements in the U.S. come through two Californian ports, Governor Newson recalled. On Wednesday, Governor Gavin Newsom announced that California is suing President Donald Trump’s administration over the sweeping “unlawful tariffs” on international trading partners. RELATED: Trump’s Trade War to Unleash Tariffs of Up to 245% Against China “President Trump’s unlawful […]
April 16, 2025

Trump’s Trade War to Unleash Tariffs of Up to 245% Against China
He also ordered an analysis on the ‘National Security Risks’ posed by U.S. dependence on foreign goods. On Wednesday, the White House released an informational memo stating that China could face tariffs of up to 245% due to its retaliatory actions in the trade war initiated by U.S. President Donald Trump. RELATED: California Farmers Hammered […]
April 16, 2025

California Farmers Hammered by Trump’s Tariffs Turmoil
They are dealing with rising costs for imported equipment and supplies. California’s farmers are facing mounting challenges as U.S. President Donald Trump’s tariffs disrupt international markets and trigger retaliatory responses from major trading partners like China and Canada. RELATED: U.S. Tariffs Backfire as Protests Rage California’s 59 billion-U.S.-dollar agricultural industry, the nation’s largest, faces a […]
April 16, 2025

U.S. Tariffs Backfire as Protests Rage
The swirl of uncertainty surrounding these tariffs has sent the stock market on a roller-coaster ride. Furious protesters have rallied across all 50 U.S. states, honking horns and chanting “Hands Off!” in response to Washington’s erratic trade policies, especially the on-again, off-again tariff hikes. RELATED: Brazil Takes Bold Step With “Economic Reciprocity Law” to Counter […]
April 16, 2025

Chinese President Xi Signs 45 Cooperation Agreements With Vietnam
China is ready to receive more Vietnamese products and to encourage more Chinese companies to invest in Vietnam. On Tuesday, Vietnam and China signed 45 cooperation agreements during Chinese President Xi Jinping’s visit to Hanoi. Xi departed for Malaysia to continue his tour of Southeast Asia. RELATED: Robot Pets Are Becoming Popular in Everyday Life […]
April 15, 2025

President Xi Meets With Vietnamese Leader To Lam
China and Vietnam explore options in response to the tariff attacks by U.S. President Trump. On Monday, Chinese President Xi Jinping was received at the Hanoi airport by Vietnamese President Luong Cuong and later met with the Communist Party Secretary To Lam. His visit, during which a dozen agreements are expected to be signed, comes […]
April 14, 2025

Trump Continues to Disrupt Global Trade
Concerns among the U.S. public about soaring prices and the looming threat of recession have deepened. The U.S. government quietly released information on an official platform over the weekend, granting exemptions from the so-called “reciprocal tariffs” for electronic products such as smartphones, computers and chips. RELATED: How Trump’s Tariffs Could Wreak Havoc on North America’s […]
April 14, 2025

How Trump’s Tariffs Could Wreak Havoc on North America’s Auto Supply Chains
Before a car is assembled, its parts may take multiple trips between the U.S., Mexico and Canada Ford CEO Jim Farley warned at a recent investor conference in New York that levying steep tariffs on imported goods “would blow a hole in the U.S. industry that we’ve never seen.” RELATED: Donald Trump and Panama: A […]
April 13, 2025

Euro Surges to Three-Year High Against Dollar Amid Trade War
The exchange rate for the euro to the dollar hiked by nine percent since February 28. On Friday, the euro witnessed one of its largest single-day rises against the U.S. dollar and closed at a three-year high. The common currency advanced by 2.4 percent and closed at 1.1346 U.S. dollars on Friday, the reference rate […]