IMF warns trade tensions cloud outlook

The International Monetary Fund warned on Friday that risks related to trade tensions continue to cloud the global economic outlook and uncertainty remains high despite some increased trade and improved financial conditions.
19 July 2025, 19:49 PM

Couche-Tard drops 7-Eleven takeover bid

The two companies signed a non-disclosure agreement in April in a bid to advance talks.
17 July 2025, 03:17 AM

US imposes 17% tariff on Mexican tomatoes after withdrawing from agreement

The US and Mexico first struck an agreement in 1996 to regulate Mexican tomato exports and address US complaints of unfair competition.
15 July 2025, 03:17 AM

US slaps 30% tariff on EU, Mexico

President Donald Trump yesterday said major US trading partners Mexico and the European Union would face a 30 percent tariff starting next month, ramping up pressure for deals in his trade wars.
12 July 2025, 20:48 PM

Trump TACO trade contains seeds of own unravelling

Tacos can be tasty and satisfying, but tend to come apart if eaten too eagerly. Something similar may be happening in global stock markets, where hopes that Donald Trump will always chicken out from imposing high tariffs – the so-called TACO – have propelled stocks to record highs. It’s an unstable equilibrium.
12 July 2025, 19:30 PM

Trump slaps 35% tariff on Canada

US President Donald Trump has ramped up his tariff assault on Canada, saying the US would impose a 35 percent tariff on imports next month and planned to impose blanket tariffs of 15 percent or 20 percent on most other trading partners.
11 July 2025, 18:49 PM

US tariff threat: Walmart puts on hold some orders from Bangladesh

Suppliers to Walmart WMT.N have delayed or put on hold some orders from garment manufacturers in Bangladesh, according to three factory owners and correspondence from a supplier seen by Reuters, as US President Donald Trump’s threat of a 35 percent tariff on the textile hub disrupts business.
11 July 2025, 18:39 PM

A look at the countries that received Trump’s tariff letters

Here’s a look at the countries that have got tariff letters so far — and where things stand now
10 July 2025, 05:06 AM

$20 dress direct from China now costs $30 after Trump closed a tariff loophole

Fast fashion got a lot pricier for Americans this spring – and it’ll likely get even more expensive in 2027.
10 July 2025, 04:05 AM

Tariffs drive US clothing imports from China to 22-year low in May

China has for years been the biggest exporter of clothes to the US
10 July 2025, 03:54 AM

Trump sets 50% US tariffs on copper, Brazilian imports starting in August

The announcement came hours after he also informed Brazil that its "reciprocal" tariff on August 1 would rise to 50% from 10%, a shockingly high level for a country with a balanced US trade relationship.
10 July 2025, 03:25 AM

Trump says pharmaceutical tariffs could reach 200%

"We're going to give people about a year, a year and a half to come in and, after that, they're going to be tariffed," Trump told reporters
9 July 2025, 04:12 AM

Salehuddin hopes to get better results in meeting with US on tariff

'The final tariff will be fixed in the one-to-one negotiation with the USTR... The rate is not final yet...,' says finance adviser
8 July 2025, 14:05 PM

Trump unveils first wave of steeper US tariffs, extends deadline

Trump issued similar letters to countries including Bangladesh, saying he would slap duties on their products ranging from 25 percent to 40 percent.
8 July 2025, 00:33 AM

Trump sets Bangladesh tariff at 35% in blow to exports

Failure to secure a more favourable bilateral agreement by Aug 1 deadline would be a significant blow to the country's export-oriented economy
7 July 2025, 21:05 PM

EU avoids US tariff letter, eyes concessions, EU sources say

US President Donald Trump began informing, in a wave of letters, a range of trading partners from Japan to Myanmar of sharply higher tariffs on goods they sell into the United States starting August 1
7 July 2025, 19:53 PM

Trump letters and who's talking: State of play as tariff deadline nears

Here's the state of play for several US trading partners facing deadlines this week
7 July 2025, 05:04 AM

Trump says to send first tariff letters on Monday

"Thank you for your attention to this matter!" Trump said in a post on Truth Social
7 July 2025, 03:34 AM

What is the state of play with Trump’s tariffs?

With sweeping tariffs on friend and foe, US President Donald Trump has roiled financial markets and sparked a surge in economic uncertainty -- and tensions are mounting days before a fresh volley of higher duties are due to kick in.
5 July 2025, 18:49 PM

Trump says ‘probably 12’ tariff letters being sent out tomorrow

US President Donald Trump said Friday that he had signed 12 trade letters to be sent out next week ahead of an impending deadline for his tariffs to take effect.
5 July 2025, 18:31 PM