China has said it has received overtures from the United States for talks on tariffs — but warned it will need concessions as proof of “sincerity” before any negotiations can take place.The
WASHINGTON — President Donald Trump announced on Wednesday plans to slap 25% tariffs on all imported cars, escalating a global trade war just weeks after previous tariffs touched off a market rout
Posco continues to push forward with its steel innovations despite trade barriers, competition from low-cost imports and tightening environmental regulations. Korea’s steel industry faces mounting challenges, including U.S. tariffs and an
AUD/USD softens to around 0.6280 in Monday’s early Asian session. Global trade concerns ahead of potential US tariffs weigh on the Aussie. US core inflation climbed 2.8% YoY in February, hotter than
JEDDAH: Saudi Arabia’s investment in its maritime sector could see a shift in global trade logistics that helps reduce reliance on traditional routes, leading industry figures have told Arab News. With its strategic
NEW YORK (AP) — Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a global trade war — all while on-again, off-again new levies continue to escalate uncertainty. Trump
Updated Mar 27, 2025 15:02 IST Frederic de Wilde, President, South and Southeast Asia, Commonwealth of Independent States, Middle East and Africa Region ET NOW Global Business Summit , ET NOW GBS:
The global auto industry was thrown into turmoil on Wednesday (March 26) as US President Donald Trump announced sweeping 25 percent tariffs on imported vehicles and auto parts. The tariffs, set to
The Australian dollar slipped below $0.63 on Friday, reversing gains from the previous session as new US tariffs are set to take effect next week, heightening global trade tensions. Markets also turned
Every month, the UN trade and development agency (UNCTAD) provides an update on what’s happening in the world of global trade. In March, the focus was on tariffs, and the report revealed
America’s currency, the U.S. dollar, has had a big impact on global trade for many years. That’s why it has been using tools like SWIFT, a global bank messaging network, and the