Trump tariffs
US Senate Votes to Overturn Trump's Brazil Tariffs Amid International Trade Tensions
Oct 29, 2025 10:15 am CST
The Republican-led US Senate has passed legislation to terminate President Trump's tariffs against Brazil by ending his July national emergency declaration. The measure passed 52-48 with bipartisan support but faces unlikely prospects in the Republican-controlled House. This action comes as part of broader Democratic efforts to challenge Trump's tariff policies, which they claim increase costs for American consumers based on questionable emergency declarations.
Marco Rubio Affirms US-Pakistan Relations Won't Compromise Historic India Partnership
Oct 27, 2025 12:32 am CST
US Secretary of State Marco Rubio reassures that America's growing strategic ties with Pakistan will not affect its deep, historic relationship with India. Speaking before meeting Indian External Affairs Minister S Jaishankar, Rubio addressed India's energy relationship with Russia and recent US sanctions on Russian oil exporters, while acknowledging ongoing trade tensions between the US and India despite their strong alliance.
Trump Halts US-Canada Trade Negotiations Over Ontario's Reagan-Inspired Anti-Tariff Ad
Oct 25, 2025 01:49 pm CST
Ontario Premier Doug Ford announces suspension of controversial Ronald Reagan-themed anti-tariff advertisement that prompted President Trump to end trade negotiations with Canada, following discussions with Prime Minister Mark Carney. The ad, which will continue airing through the World Series weekend, has created significant diplomatic tension despite Canadian officials' readiness to resume sector-specific tariff discussions.
Canada Remains Open to Trade Talks After Trump Terminates Negotiations Over Ontario Advertisement Dispute
Oct 25, 2025 07:15 am CST
Canadian Prime Minister Mark Carney expressed willingness to resume trade discussions with the United States following President Trump's abrupt termination of negotiations due to an Ontario advertisement featuring Ronald Reagan criticizing tariffs. Despite the setback, Canadian officials report significant progress had been made in key sectors including steel, aluminum, and energy before talks were suspended.
US-China Trade Tensions Escalate as Trump Threatens 155% Tariff and Beijing Warns of Retaliation
Oct 23, 2025 02:12 pm CST
Amid escalating trade tensions, China has warned the US to correct its approach after President Trump threatened a 155% tariff on Chinese imports starting November 1. Chinese Consul General Xu Wei emphasized Beijing's preference for dialogue but readiness to respond if necessary, while suggesting that cooperation between China and India could be beneficial as geopolitical dynamics shift.
Trump Announces 155% Tariffs on Chinese Imports: Escalating US-China Trade Tensions
Oct 22, 2025 09:10 am CST
President Trump confirms plans to impose 155% tariffs on Chinese imports starting November 1, citing unfair trade practices and national security concerns. The move represents a significant escalation in US-China trade tensions, with Trump also announcing export controls on critical software and framing the decision as a response to China's "extraordinarily aggressive position on trade."
TCS Implements Record Job Cuts as AI Transformation and US Relations Reshape India's IT Sector
Oct 21, 2025 11:45 am CST
Tata Consultancy Services has executed its largest-ever workforce reduction of 19,755 employees amid AI adoption and US-India tensions. The tech giant aims to cut 2% of staff by March 2025 due to skill mismatches while adapting its business model to navigate changing immigration policies and technological shifts in the $280 billion Indian IT services industry.
US Seeks Global Coalition Including India Against China's Rare Earth Export Restrictions
Oct 15, 2025 09:10 am CST
US Treasury Secretary Scott Bessent has announced that Washington is seeking support from global allies, including India, to counter China's new export restrictions on rare earth elements. Describing the situation as "China versus the world," Bessent outlined potential countermeasures while confirming that planned talks between President Trump and Chinese President Xi Jinping would still proceed ahead of a November trade deadline.
Trump's Tariff Threats and Market Volatility: How China's Rare Earth Control Gives Beijing Leverage in Trade Disputes
Oct 14, 2025 05:36 pm CST
Analyzing Donald Trump's recent trade threats against China and their impact on global markets, this article examines how Beijing's control of rare earth elements and crucial semiconductor supply chains may be shifting leverage in US-China trade negotiations. The pattern of rapid policy reversals suggests changing dynamics in this high-stakes economic relationship, with potentially significant implications for investors in AI and technology sectors.
Trump's 45% Lumber and Furniture Tariffs: Impact on US Housing Market and International Trade Relations
Oct 14, 2025 01:46 pm CST
President Trump's new tariffs on imported wood, furniture, and kitchen cabinets have taken effect, raising duties on Canadian lumber to 45% and introducing tariffs of 25-50% on furniture and cabinets. Industry experts warn these measures will increase home construction costs by approximately $2,200 per unit, further challenging an already struggling housing market while significantly impacting trade relationships with Canada, Vietnam, and other major exporters.