Mario Chartouni, 01/08 18:40 - Reading : 4 minute(s)
United States Donald Trump Tariffs China
Tariffs have once again taken center stage in American trade policy. On Thursday, the White House announced a major overhaul of customs duties, marking a new chapter in President Donald Trump’s protectionist agenda. In an official statement, the White House emphasized that these measures aim to “protect American workers” and to “secure ...
This is Beirut, 01/08 05:25 - Reading : 4 minute(s)
Donald Trump United States Tariffs
President Donald Trump unveiled new tariffs Thursday on nearly 70 countries -- including a blistering 35 percent on neighbor Canada -- as he seeks to reshape global trade to benefit the US economy. However, in a minor reprieve that opens the door to further negotiations, the White House said the measures will take effect in a week for most ...
This is Beirut, 28/07 08:55 - Reading : 4 minute(s)
European Union USA Trade Tariffs
The United States and the European Union clinched a trade agreement on Sunday that will see EU exports taxed at 15 percent, in a bid to resolve a transatlantic tariff stand-off that threatened to explode into a full-blown trade war. US President Donald Trump emerged from a high-stakes meeting with European Commission President Ursula von der ...
This is Beirut, 24/07 12:30 - Reading : 1 minute(s)
European Union Tariffs United States
EU states on Thursday approved a 93-billion-euro ($109-billion) package of counter-tariffs on US goods that would kick in from August 7 if talks with the United States fail, European diplomats said. US President Donald Trump blind sided the European Union this month when he threatened a 30-percent levy on EU goods unless the two sides reach a ...
This is Beirut, 24/07 10:25 - Reading : 4 minute(s)
Donald Trump United States Tariffs Trade
Japan and the Philippines bring to five the number of countries that have concluded trade deals with the United States ahead of an August 1 deadline set by President Donald Trump to avoid punitive tariff rates. The agreed levies are often higher than the new base rate of 10 percent that the United States has applied to most countries since April ...
This is Beirut, 23/07 08:50 - Reading : 4 minute(s)
Donald Trump Japan Trade deal Tariffs
Donald Trump announced Tuesday a "massive" trade deal with Japan, marking a key breakthrough for major US trade partners as they scramble to strike agreements before the end of the month. In an attempt to slash his country's colossal trade deficit, the US president has vowed to hit dozens of countries with punitive "reciprocal" tariffs if they do ...
This is Beirut, 16/07 09:17 - Reading : 3 minute(s)
United States Donald Trump Indonesia Tariffs
US President Donald Trump said Tuesday that he had struck a trade pact with Indonesia resulting in significant purchase commitments from the Southeast Asian country, following negotiations to avoid steeper tariffs. Indonesian goods entering the United States would face a 19 percent tariff, Trump said in a post on his Truth Social platform. This ...
This is Beirut, 15/07 09:10 - Reading : 4 minute(s)
Donald Trump United States Russia Tariffs
US President Donald Trump told Russia on Monday to end its Ukraine war within 50 days or face massive new economic sanctions, as he laid out plans for new infusions of weaponry for Kyiv via NATO. Trump said he was "very, very unhappy" with Vladimir Putin, underlining his insistence that his patience had finally snapped with the Russian ...
This is Beirut, 14/07 17:30 - Reading : 1 minute(s)
United States European Commission Europe Trade Tariffs Donald Trump
The European Commission on Monday said it was putting forward a new list of US goods worth 72 billion euros ($84 billion) that could be targeted by EU levies if tariff talks with Washington fail. The bloc's trade chief, Commissioner Maros Sefcovic, announced the proposal, "accounting for some 72 billion euros' worth of US ...
This is Beirut, 14/07 09:20 - Reading : 3 minute(s)
Donald Trump European Union USA Tariffs Trade
EU ministers on Monday will debate the bloc's approach to trade talks with the United States, as Brussels scrambles to head off 30-percent tariffs threatened by President Donald Trump. The US leader Trump threw months of painstaking negotiations into disarray on Saturday by announcing he would hammer the bloc with sweeping 30-percent tariffs if ...
This is Beirut, 11/07 17:25 - Reading : 1 minute(s)
Growth in oil demand is anemic globally, with several countries in the crosshairs of US President Donald Trump's tariff threats suffering drops, the IEA said Friday. Annual growth in oil demand fell from 1.1 million barrels per day (mbd) in the first quarter of the year to just 0.5 mbd in the second, the International Energy Agency said in ...
This is Beirut, 08/07 20:25 - Reading : 3 minute(s)
United States Donald Trump Tariffs
President Donald Trump said Tuesday that he would not extend an August 1 deadline for higher US tariffs to take effect on dozens of economies, a day after he appeared to signal flexibility on the date. While Trump imposed a sweeping 10 percent tariff on goods from almost all trading partners in April, higher rates customized to dozens of ...