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...
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....
US President Donald Trump’s comments about developing Gaza for real estate purposes are not new. For years, his family has viewed the Middle East as key to its business ambitions. US President Donald Trump’s comments...
Tariff & Trump: Mexico and Canada say they will respond by imposing tariffs of their own, despite a retaliation clause in the US order. Meanwhile, China pledged to challenge the US move before the WTO....
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,...
Oxfam said trillionaires are expected to emerge within the next decade, as the richest 1% now own 45% of global wealth, while 44% of humanity lives on less than $6.85 per day. There is increasing...
Norway set a goal for all new cars sold to be electric by 2025, a decade ahead of the European Union. Subsidies and incentives have helped the Nordic country almost realize its goal, so what...
As the 119th US Congress meets for the first time on Friday, House Speaker Mike Johnson faces a key test as he seeks enough votes to be re-elected. Johnson has President-elect Donald Trump’s endorsement, but...
Gold has always been considered a safe-haven asset, attracting investors during times of uncertainty, whether political, economic, or financial. As the global economy faces increasing complexities, especially in light of ongoing geopolitical tensions, inflationary pressures,...
German carmakers are growing nervous about the US election after Donald Trump called for more production in the United States. With profits falling sharply, how can BMW, Audi, Volkswagen and Mercedes respond? Donald Trump’s US presidential...
Initially, the markets built on Tuesday’s price action, but as soon as a few counties in Florida indicated that it was not going to be the “blue wave,” risk came off, and it was most...
Trump’s trade “deal” with China is akin to wielding a sledgehammer in surgery — and about as likely to improve the patient outcome. “Phase One” is among his biggest works of destruction, says Andreas Rostek....