Donald Trump and Giorgia Meloni talked up the chances of a trade deal between the US and Europe, as the Italian prime minister visited Washington. “There will be a trade deal, 100%,” Trump said, “but it will be a fair deal”, while Meloni said she was “sure” they could reach an agreement, later adding that…
A China Shipping cargo container sits stacked at the Port of Long Beach in Long Beach, California on April 10, 2025. Patrick T. Fallon | Afp | Getty Images Trade barriers can come in many forms. Tariffs are just one. Onerous licensing requirements, export restrictions and fines on shipping are other obstacles. Nvidia said Tuesday…
Then U.S. President-elect Donald Trump and Italian Prime Minister Giorgia Meloni at Mar-a-Lago in Palm Beach, Florida, on Jan. 4, 2025. Italian Government | Reuters Italian Prime Minister Giorgia Meloni is set to meet U.S. President Donald Trump on Thursday amid a tense trade standoff with the European Union over tariffs. Meloni’s visit to Washington…
A cargo ship sits outside of the Port of Elizabeth marine terminal seen from Bayonne, New Jersey, U.S., April 9 2025. Shannon Stapleton | Reuters Trade barriers can come in many forms. Tariffs are just one. Onerous licensing requirements, export restrictions and fines on shipping are other obstacles. Nvidia said Tuesday it would be taking…
Charlotte Edwards Business reporter, BBC News Getty Images The World Trade Organization (WTO) has forecast that global trade will fall this year because of US President Donald Trump’s tariffs. It added “severe downside risks”, including reciprocal tariffs and political uncertainty, could lead to an even sharper decline in global goods trade. “The decline is expected…
Cargo ships and containers at Qingdao port in eastern China’s Shandong province on Dec. 4, 2024. Stringer | Afp | Getty Images The World Trade Organization (WTO) warned on Wednesday that the outlook for global trade has “deteriorated sharply” in the wake of U.S. President Donald Trump’s tariffs regime. “The outlook for global trade has…
Suranjana Tewari Asia Business Reporter Getty Images Li Chenggang is a former World Trade Organisation and UN representative China has unexpectedly appointed a new trade envoy, as officials said the US’s practice of “tariff barriers and trade bullying” is having a serious impact on the global economic order. Li Chenggang, a former assistant commerce minister…
U.S. President Donald Trump inspected an honour guard during a welcome ceremony at Buckingham Palace in central London on June 3, 2019, on the first day of their three-day State Visit to the U.K. Mandel Ngan | Afp | Getty Images The U.K. has a “good chance” of securing a trade deal with America, U.S….
The threat of rising tariff rates on U.S. imports could hobble the economic trajectory of countries such as Vietnam. Foreign direct investment in Vietnam has increased in recent years as firms search for ways to manage risks stemming from production in China. Vietnam has received approximately $18.5 billion in net foreign direct investment, according to World Bank…
People shop at an Apple store in Grand Central Station in New York on April 4, 2025. Michael M. Santiago | Getty Images Though U.S. President Donald Trump’s 90-day pause on many of his “reciprocal tariffs” has given some firms and investors respite, America’s largest company, Apple, hasn’t been so lucky. The Cupertino-based tech giant…
