"tariffs" tag

Global stocks plummet as Trump tariffs stoke recession fears

As stock markets continue to plunge, investors are worried the world could face an economic slump. DW explores the impact of Trump’s tariffs on US, Chinese and world growth. The rout on global financial markets...

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Can US agriculture withstand a trade war with China?

US soybean farmers are facing uncertainty as Donald Trump’s trade policies spark fears of market volatility. Can they navigate the risks of tariffs and lost exports? It’s a Friday morning in March, and we are driving...

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Trump announces ‘permanent’ tariffs on foreign cars

Tariffs & US: The US will impose tariffs on foreign-made cars starting on April 2, US President Donald Trump said. One institute has said the tariffs could raise the price of a car in the...

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China aims for 5% economic growth despite challenges

Xi Jinping’s government hopes to see a 5% economic growth rate in 2025, the same goal as 2024, despite slowing consumer demand at home and what looks like a new trade war with Trump. China aims...

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Trump confirms Canada, Mexico tariffs to take effect

The 25% tariffs came into effect at 0501 UTC on Tuesday as planned, in the absence of a deal. Canada vowed to impose retaliatory 25% tariffs. US President Donald Trump said on Monday that Washington would apply...

eu steels tariffs

What are reciprocal tariffs? Trump’s trade agenda explained

Donald Trump thinks US firms have a trade disadvantage as they often face higher costs when exporting their products. DW examines the US president’s latest plan to renegotiate tariffs with the rest of the world....

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New Tariff Threat Fuels Turn Around Tuesday ahead of Tomorrow’s FOMC Decision

The US dollar recorded lows for the month against many of the major currencies yesterday but has come back bid today. We had anticipated some consolidation ahead of the conclusion of the FOMC meeting tomorrow,...

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Does US exit spell the end for global tax reform deal?

Claiming unfair treatment for American companies Donald Trump has left the OECD’s global tax deal negotiations by executive order. Without the deal, countries could opt for “digital service taxes” of their own. Newly inaugurated US President...

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China: ‘Major differences’ remain over EU car tariffs

Beijing has been pushing against the EU’s tariffs on Chinese-made electric cars, but both sides are at an impasse following the latest talks in Brussels. The EU’s Charles Michel said there was still hope for...

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Canada to slap 100% tariff on Chinese electric vehicles

The Canadian government says it will impose a 100% tariff on imports of Chinese-made electric vehicles — matching levies introduced by the US. Prime Minister Justin Trudeau on Monday announced a 100% tariff on imports...

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China appeals to WTO over European tariffs on electric cars

The EU claims that Chinese electric car makers received government subsidies that unfairly undermined their European rivals. China says it has resorted to the WTO to preserve “the global green transformation.” The Chinese government filed...

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EU trade bodies slam US decision to retain tariffs

The US government said Europe had not done enough to be in compliance with WTO decisions. The EU has called for intensified efforts to resolve the trade dispute. European trade groups reacted with regret and...