Tag

Us Trade

All articles tagged with #us trade

us-politics-and-policy1 month ago•5 min saved

Trump reins in new tariffs push after court blocks emergency levies

Trump’s aides are re-launching a broad tariff drive using older laws after the Supreme Court blocked emergency levies, proposing 25% duties on Brazil, a Vietnam probe, and 10–12.5% duties on more than 60 countries over forced-labor rules, plus investigations into industrial overcapacity and subsidies and a China policy board inviting input. The plan aims for durability under Section 122/301 rules, with a late‑July deadline to keep Levies in place, though it faces potential legal challenges; some relief is offered by cutting farm‑equipment tariffs to 15% from 25% as inflation and midterm politics loom.

via Financial Times|

#global-trade #trade-disputes #trump-tariffs

world1 month ago•5 min saved

US unveils tariffs on 60 trading partners over forced-labour concerns

The United States announced 10% and 12.5% tariffs on imports from about 60 trading partners over concerns they fail to curb forced labour in goods; the tariffs have not yet been enacted as the administration completes procedures, and responses from the UK, EU, and China have criticized the move while India considers a legal challenge; the partners account for roughly 99% of US imports following a March probe into forced-labour practices.

via BBC|

#forced-labour #global-supply-chains #tariffs

world3 months ago•2 min saved

Iran War Strains US Partners, Weighing on Global Supply Chains

The Iran conflict is disrupting energy supplies and rerouting trade, hitting key US partners—Philippines, Vietnam, and Germany—with higher fuel costs, tougher energy constraints, and increased shipping prices. The Philippines imposed a four-day workweek; Vietnam suspended an energy tax and boosted coal output; Germany faces pressure on energy-intensive chemicals and autos. Rerouting around the Cape of Good Hope has raised shipping costs 30–50% and delayed deliveries, risking US shortages and higher prices in the second half of the year if the war endures.

via Axios|

#energy-crisis #iran-war #shipping-costs

business4 months ago•2 min saved

South Korea Forms State Investment Vehicle to Deliver $350 Billion U.S. Pledge

South Korea’s parliament approved a law to create a government-backed investment corporation to execute its $350 billion pledge to the United States, including $150 billion for shipbuilding and $200 billion for strategic sectors (capped at $20 billion per year), as part of a deal tied to more favorable tariff terms amid U.S. Section 301 actions.

via CNBC|

#business #investment #section-301

opinion4 months ago•6 min saved

Tariff Payback Looms as Court Reverses Trump Policy

The Supreme Court overturned Trump’s emergency tariffs, paving the way for refunds on roughly $175 billion in duties; the process is legally murky, may take months or years, and could backfire politically as refunds may flow to consumers or Chinese importers, underscoring the policy’s flawed design and economic cost.

via Financial Times|

#global-trade #opinion #supreme-court

business5 months ago•4 min saved

US to curb China with $12B critical minerals stockpile

The US plans a $12 billion critical minerals stockpile (Project Vault) to counter China’s dominance, financed with $10 billion from the Export-Import Bank and $2 billion from private capital. It will stockpile minerals such as rare earths, copper and lithium via Traxys, Mercuria and Hartree Partners, aiming for about 60 days of material for emergencies and to shield manufacturers from supply shocks; membership includes major firms, though analysts say it’s a meaningful first step rather than an immediate fix.

via Financial Times|

#business #china #critical-minerals

business6 months ago•2 min saved

Japan's December exports miss forecasts as U.S. slump weighs on growth

Japan's exports rose 5.1% year-on-year in December 2025, missing Reuters' 6.1% forecast as shipments to the United States fell 11.1% after a prior month gain. Shipments to mainland China rose 5.6% and to Hong Kong 31.1%, with Asia up 10.2%. December imports gained 5.1%. For 2025, exports increased 3.1%—slower than 2024—as shipments to China (-0.4%) and the U.S. (-4.1%) fell, while Hong Kong (+17.8%) and Taiwan (+15.1%) rose. The release comes ahead of snap elections on Feb. 8; a Takaichi victory could support a weaker yen and expansionary fiscal policy.

via CNBC|

#business #china #exports

business6 months ago•4 min saved

Boeing tops Airbus in 2025 orders as US demand fuels rebound

Boeing outsold Airbus on gross orders in 2025 for the first time this decade, booking 1,075 gross orders (Airbus: 1,000) as countries rushed to buy US aircraft to curry favor with the Trump administration. Boeing delivered 600 commercial jets, while Airbus delivered 793, and the backlog climbed to about 6,130. The turnaround has been aided by FAA relief allowing Boeing to certify its own jets again and by the Spirit AeroSystems acquisition, with large orders from carriers like Alaska Airlines helping late-year momentum.

via Financial Times|

#aerospace-and-defence #airbus #boeing

world6 months ago•2 min saved

U.S. reduces tariffs on Italian pasta imports

The US has reduced proposed tariffs on Italian pasta from as high as 92% to between 2% and 14%, following Italy's cooperation, though final decisions are pending. This move alleviates potential cost increases for consumers and reflects ongoing US-Italy trade negotiations, amid broader trade tensions.

via The Guardian|

#italy #pasta #tariffs

world8 months ago•1 min saved

Major Italian Pasta Brands at Risk of Disappearing from US Shelves Due to Tariffs

Over a dozen Italian pasta brands, including Barilla, face potential disappearance from US stores due to tariffs totaling 107%, resulting from an antidumping investigation accusing Italian producers of unfair pricing, which could make importing their products in the US nearly impossible.

via dailyvoice.com|

#food-industry #italy #pasta

world8 months ago•3 min saved

China Ends Rare Earth Controls Amid Global Trade Tensions

China will suspend some export controls on rare earth metals and end investigations into US semiconductor firms, while the US will pause tariffs on China for a year and halt plans for a 100% export tariff, in a trade deal aimed at easing tensions between the two countries, though the agreement may be a short-term truce.

via Bloomberg.com|

#china #chip-industry #rare-earth-metals

business8 months ago•1 min saved

Trump Engages with Japan Leaders and U.S. Troops in Diplomatic Visits

Japanese companies, including Toyota, announced initiatives to strengthen U.S. relations and address trade tensions during President Trump's visit to Tokyo, with Toyota planning to import U.S.-made vehicles to Japan and open its distribution network to U.S. automakers.

via The New York Times|

#automotive #business #japan

world8 months ago•1 min saved

Trump's Malaysia Visit and Asia Tour Highlights

Malaysia is negotiating to keep its semiconductor exports tariff-free in a trade deal with the US, amid concerns over potential tariffs on semiconductors and a possible critical minerals agreement during President Trump's visit to Kuala Lumpur, highlighting Malaysia's strategic focus on the electronics and rare earths sectors.

via Bloomberg.com|

#critical-minerals #malaysia #semiconductors

world9 months ago•2 min saved

China's exports surge despite US trade tensions in September

China's exports to the US declined by 27% in September amid ongoing trade tensions, while its global exports increased by 8.3%, driven by growth in Southeast Asia, Latin America, and Africa. Despite resilience in overall exports, uncertainties due to tariffs and export controls persist, complicating future trade prospects.

via AP News|

#china-exports #global-shipments #tariffs

business9 months ago•1 min saved

Trump Announces Tariffs on Pharmaceuticals, Trucks, and Furniture, Exempting EU and Japan

President Trump’s new 100% tariffs on pharmaceuticals will not apply to the EU and Japan due to existing trade agreements, with EU duties capped at 15% and Japanese rates as per their pact. The UK, however, faces the full tariff unless they build manufacturing plants in the US, which could exempt their products. The tariffs are part of broader trade policy adjustments, including auto tariff reductions.

via Bloomberg.com|

#business #eu #japan