Tag: Trump tariffs
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US states sue to block Trump tariffs impacting dozens of countries
The duties were imposed over claims that 60 US trading partners have failed to tackle forced labour.
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Commentary: Latest excuse for US tariffs somehow arrives at the same conclusion as previous attempts
US President Donald Trump’s tariffs were in search of a legal justification. Forced labour is the latest one, says Hinrich Foundation’s Deborah Elms.
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Trump tariffs
Donald Trump’s “America First” policies include measures aimed at reducing trade deficits and boosting domestic manufacturing. While supporters argue they protect US jobs, critics warn of massive disruption.
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India’s pharma sector braces for impact of proposed Trump tariffs on generic drugs
Analysts warn the levies could disrupt global drug supply chains, push up medicine prices for Americans and force Indian drugmakers to rethink their manufacturing strategies.
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Forced labour concerns a ‘convenient’ rationale for rebuilding Trump’s tariff wall: Analysts
The United States said on Thursday (Jul 23) it would impose tariffs of between 10 per cent and 12.5 per cent on imports from 60 trading partners over forced labour concerns, replacing a temporary 10 per cent global duty that expired on Friday.
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US unveils new tariffs on 60 partners as Trump rebuilds trade agenda
The new tariffs will affect major economies including China, India, and the European Union.
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Trump threatens 100% tariff on French wines over digital tax
Washington and Paris are facing renewed trade tensions as the US president targets France’s levy on large technology firms ahead of the G7 summit.
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Remy Cointreau posts 35% profit drop, shares jump on recovery hopes
French drinks group Remy Cointreau reported a 35% drop in full-year net profit on Thursday as tariffs slammed sales in its key China and US markets. Despite this, shares soared more than 10% on Thursday morning.
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New US tariffs target EU among 60 economies over forced labour imports
The EU and UK are among the economies targeted by a new US tariff proposal linked to forced labour imports, potentially reopening trade tensions just weeks after Brussels reached a deal with Washington.
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