This is Beirut - Tariffs

With Tariffs Looming, US Trade Partners Scramble for Last-Minute Deals

This is Beirut, 02/07 09:50 - Reading : 3 minute(s)

A week before US President Donald Trump reimposes steep tariffs on dozens of economies, including the EU and Japan, many are still scrambling to reach a deal that would protect them from the worst. The tariffs taking effect July 9 are part of a package Trump imposed in April, citing a lack of "reciprocity" in trading ties. He slapped a 10 ...

After NATO Deal, How Far Will EU Go for Trade Peace with Trump?

This is Beirut, 27/06 09:00 - Reading : 4 minute(s)

Donald Trump European Union Europe Tariffs

After satisfying Donald Trump's calls for Europe to ramp up defense spending in NATO, EU leaders in Brussels turned Thursday to the next big challenge ahead: how to seal a trade deal with the US leader. Time is running out. The European Union has until July 9 to reach a deal or see swingeing tariffs kick in on a majority of goods, unleashing ...

Trump Says Scrapping California Electric Vehicle Rules

This is Beirut, 12/06 19:25 - Reading : 1 minute(s)

Donald Trump USA Tariffs California Electric Vehicles

US President Donald Trump announced Thursday the scrapping of California's landmark mandate to phase out gas-powered cars in favor of electric vehicles, saying he wanted to save the auto industry from "destruction." The move, a rebuke of Democratic climate change policies, comes as the state planned to end the sale of gasoline-only vehicles by ...

US and China Begin Key Trade Talks in London

This is Beirut, 09/06 18:45 - Reading : 4 minute(s)

United States China Tariffs

China and the United States began a new round of trade talks in London on Monday, Beijing's state media reported, as the world's two biggest economies seek to shore up a shaky truce after bruising tit-for-tat tariffs. The two sides are meeting in the historic Lancaster House, run by the UK Foreign Office, following a first round of talks ...

Trump Says Fresh US-China Trade Talks in London Next Week

This is Beirut, 06/06 22:00 - Reading : 2 minute(s)

Donald Trump USA China Tariffs London

US President Donald Trump announced Friday a new round of trade talks with China in London next week, a day after calling Chinese counterpart Xi Jinping in a bid to end a bitter battle over tariffs. The talks in the British capital on Monday will mark the second round of such negotiations between the world's two biggest economies since Trump ...

Trump Signals Fresh Trade Tensions With China

This is Beirut, 30/05 18:05 - Reading : 2 minute(s)

Donald Trump United States China Tariffs

US President Donald Trump signaled renewed trade tensions with China on Friday, arguing that Beijing had "violated" a deal to de-escalate tariffs, at a time when both sides appeared deadlocked in negotiations. Trump's post on his Truth Social platform came hours after US Treasury Secretary Scott Bessent said that trade talks with ...

US Trade Court Blocks Tariffs in Major Setback for Trump

This is Beirut, 29/05 09:20 - Reading : 4 minute(s)

Donald Trump USA Tariffs Trade Court

A US federal court on Wednesday blocked most of Donald Trump's sweeping import tariffs from going into effect, ruling that the president had overstepped his authority with the across-the-board global levies. The opinion marks a significant setback to the Republican leader as he bids to redraw the US trading relationship with the world by forcing ...

Trump Extends EU Tariff Deadline Until July 9

This is Beirut, 26/05 09:20 - Reading : 2 minute(s)

Donald Trump European Union USA Tariffs

US President Donald Trump said Sunday that he would pause his threatened 50 percent tariffs on the European Union until July 9, after a "very nice call" with EU chief Ursula von der Leyen. Trump had threatened on Friday to invoke the steep tariffs as soon as June 1, saying talks with the European Union over his previous levies were "going ...

Brazil Lifts Tariffs on Lebanese Olive Oil, Opening Door to Export Boost

This is Beirut, 17/05 20:55 - Reading : less than a minute

Lebanon Brazil Olive oil Tariffs

Brazil has officially scrapped import tariffs on Lebanese olive oil, a move expected to boost the Lebanese exports and enhance the product's competitiveness in a key international market. In a statement released on Saturday, Lebanon’s Ministry of Agriculture announced that Brazilian authorities have decided to eliminate the 9% customs duty ...

China, US Slash Sweeping Tariffs in Trade War Climbdown

This is Beirut, 14/05 18:55 - Reading : 4 minute(s)

United States China Tariffs Trade

The United States and China slashed sweeping tariffs on each other's goods for 90 days on Wednesday, marking a temporary de-escalation in a brutal trade war that roiled global markets and international supply chains. Washington and Beijing agreed to drastically lower sky-high tariffs in a deal that emerged from pivotal talks at the weekend in ...

US, China Agree to Establish 'Consultation Mechanism' on Trade

This is Beirut, 11/05 23:00 - Reading : less than a minute

USA Washington China Trade Tariffs

Chinese Vice Premier He Lifeng said Sunday that Beijing and Washington had agreed during weekend talks in Geneva to create a "consultation mechanism", as they strive to de-escalate trade tensions. Speaking to reporters in Geneva, He said that the closed-door discussions with US Treasury Secretary Scott Bessent and Trade Representative Jamieson ...

US Treasury Chief Declares 'Substantive Progress' in China Trade Talks

This is Beirut, 11/05 19:29 - Reading : 4 minute(s)

United States China Tariffs Donald Trump

US officials voiced optimism on Sunday, at the end of a weekend of trade talks with China aimed at de-escalating trade tensions sparked by President Donald Trump's aggressive tariff rollout. "We’ve made substantial progress," US Treasury Secretary Scott Bessent told reporters after the talks with Chinese Vice Premier He Lifeng, while Trade ...

Tariffs