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International Trade

All articles tagged with #international trade

US widens Section 301 push, launching forced-labor probes across about 60 economies
world29 days ago

US widens Section 301 push, launching forced-labor probes across about 60 economies

The United States opened new Section 301(b) trade probes into roughly 60 economies to assess whether governments failed to curb imports of goods made with forced labor. Targets include China, the European Union, India and Mexico, along with a broad list that also covers Australia, Indonesia, Japan, Malaysia, Singapore, South Korea, Switzerland, Thailand and the United Kingdom. Findings could justify tariffs without congressional approval, signaling a renewed push on global trade practices amid ongoing U.S. trade-policy actions and ahead of high-level talks with China.

Trump's chaotic governance dents the dollar as markets rethink risk
economy2 months ago

Trump's chaotic governance dents the dollar as markets rethink risk

Fallout from the Greenland crisis and Trump’s policy approach have contributed to a decline in the U.S. dollar, with the greenback down more than 10% since he returned to the White House; despite remaining a global reserve currency, foreign investors are rethinking exposure to the U.S. amid policy uncertainty and shifting financial markets.

Trump Uses Tariffs to Push for Greenland Deal
world2 months ago

Trump Uses Tariffs to Push for Greenland Deal

President Trump announced 10% tariffs on Greenland and eight European NATO members—Denmark plus seven others (Norway, Sweden, France, Germany, Britain, the Netherlands, and Finland) with a 25% rate possible from June 1 if they don’t agree to a deal to sell Greenland; the move comes as the Supreme Court weighs IEEPA authority, and the administration aims to force a Greenland purchase.

Trump Expands Pressure on Iran with 25% Tariff for Trading Partners
world2 months ago

Trump Expands Pressure on Iran with 25% Tariff for Trading Partners

President Trump announced a 25% tariff on any country doing business with Iran, effective immediately, in a bid to economically isolate Tehran amid ongoing protests. Details were not clarified by White House officials, and analysts are watching for the tariff’s legal basis amid a looming Supreme Court ruling on tariffs and possible ties to the International Emergency Economic Powers Act (IEEPA).