insert_link Business / Economics EU prepares $24.5 billion in tariffs on U.S. goods amid trade standoff The European Union has drawn up a retaliatory list of tariffs worth $24.52 billion on American goods, according to Italy’s Foreign Minister Antonio Tajani, who confirmed the move during a high-level meeting of EU trade ministers in Brussels. The potential sanctions come in response to the United States' decision to impose a 30% tariff on select European imports—an action that has sparked concern across EU capitals and revived fears of […] today14 July, 2025
insert_link Business / Economics Trump trade war intensifies with new and retaliatory tariffs Mexico, Canada and China are quickly retaliating after President Donald Trump slapped them with fresh tariffs overnight. Goods coming from the US's northern and southern neighbors are now subject to a 25% duty, while the tariff on Chinese goods doubled to 20%. The action threatens to intensify a painful and costly trade war. Toni Waterman has more: today5 March, 2025
insert_link Business / Economics China condemns Trump’s ‘tariff shocks’ at WTO today19 February, 2025
insert_link Business / Economics Mexico, Canada, and China have announced retaliatory tariffs against the US Mexico, Canada, and China have announced retaliatory tariffs against the US. This comes after president Donald Trump said a tax of 25-percent on Canadian and Mexican imports and an additional ten-percent tax on Chinese goods will come into force on Tuesday. Canada and Mexico have both announced retaliatory tariffs of 25-percent on US goods. China says it will file a lawsuit with the World Trade Organisation. Canadian prime minister […] today3 February, 2025