Browsing: us tariffs

Trump’s Iran tariff announcement arrived without legal clarity, leaving global partners unsure how US agencies would define or enforce compliance.

OECD lifts 2025 global growth forecast to 3.2 percent but warns U.S. tariffs, slowing demand and trade tensions could weigh on economies in 2026.

A German newspaper reports Modi did not respond to Trump’s repeated calls as US–India trade talks collapsed over increased tariff measures.

Nissan cuts 11,000 more jobs and shuts seven plants as global restructuring deepens amid sales decline and failed merger.

The European Union will begin collecting tariffs on U.S. goods from April 15 in response to American duties on steel and aluminum.

BusinessEurope warns US tariffs on EU goods will raise costs, disrupt supply chains, and threaten millions of jobs across the transatlantic economy.

Oil prices slipped as Brent crude dropped 3%, pressured by a sharp rise in US crude stockpiles and the OPEC+ decision to increase production.

Nvidia shares fall 9% as new tariffs take effect, erasing $265 billion in value and shaking investor confidence in the AI chipmaker.

Gold soars past $2,950, reaching record highs as investors seek safety amid trade tensions, falling yields, and central bank demand, pushing markets toward defensive strategies.

The EU considers retaliatory action if the US enforces tariffs on steel and aluminum, stating such measures are unjustified and urging Washington to provide official details.