Tag: GlobalTrade
Brazil launches $5.5bn package to support exporters hit by Trump’s 50% tariffs
Brazil’s President Luiz Inacio Lula da Silva announced a $5.5 billion support package to help exporters affected by…
Why Trump’s Tariffs Could Hurt Brazil’s Acai Industry and US Consumers?
When US President Donald Trump put 50% tariffs on Brazilian exports in July, acai producer Ailson Ferreira Moreira…
US Average Tax on Imports Hits 20.1%, Highest Since 1910s; WTO and IMF Warn of Global Trade Problems
The average tax the US charges on imported goods has risen to 20.1%, the highest it has been…
Trump Says U.S. Will Lower Tariffs for Countries That Open Their Markets to American Goods and Services
U.S. President Donald Trump has said that he is ready to lower tariffs (taxes on imported goods) for…
Sri Lanka Faces Export Crisis: Apparel and Rubber Industries at Risk from Proposed 30% US Import Duty
Sri Lankan exporters are worried about a new proposal from the United States to increase taxes (tariffs) on…
Trump Administration Delays 10% Tariff on BRICS Nations, Warns of Future Penalties for ‘Anti-American’ Policy Moves
The Trump administration has decided not to immediately impose a 10% extra tariff on BRICS countries (Brazil, Russia,…
US-China Trade Deal Finalized: Both Countries Confirm Agreement…
The United States and China have officially confirmed a new trade deal. This came shortly after US President…
India Wants Exemption from US’ 10% Tariff as Trade Talks Continue
India is currently negotiating with the United States to remove a 10% baseline tariff that the US had…
How IMEC Is Poised to Make India a Global Trade Anchor
India is playing a major role in a new international project called the India-Middle East-Europe Economic Corridor (IMEC).…
Indian Auto Industry HIT HARD! Global Tariffs & EV Crisis Disrupt Growth — Here’s What’s Happening?
The Indian automobile industry, which plays a key role in the country’s economy, is facing tough times due…
Pro-Beijing Paper Urges Li Ka-shing to Cancel Panama Port Deal
A pro-Beijing newspaper has publicly urged CK Hutchison Holdings Ltd., owned by billionaire Li Ka-shing, to cancel its…
India’s Economy Just Got a Big Boost! Fitch’s Surprising Upgrade – Find Out Why!
There’s some exciting news for India’s economy! Fitch, one of the world’s top credit rating agencies, has upgraded…