The Semanggi overpass in Jakarta, Indonesia. Fadil Aziz | The Image Bank | Getty Images U.S. President Donald Trump’s tariffs have pushed countries to look for ways to improve their trade balance with the U.S. and negotiate the extent of duties levied on their imports. Indonesia’s plan now is to “narrow,” or even eliminate its…
Tanzania has banned all agricultural imports from South Africa and Malawi in the latest episode of a growing trade row. “We are taking this step to protect our business interests. This is business – in business, we must all respect each other,” Tanzania’s Agriculture Minister Hussein Bashe said on Wednesday, while confirming the move. South…
Steel piled up at Guoyuan Port in Chongqing, China, on April 20, 2025. Cfoto | Future Publishing | Getty Images BEIJING — China on Thursday said that there were no ongoing discussions with the U.S. on tariffs, despite indications from the White House this week that there would be some easing in the tensions. “At…
U.S. President Donald Trump looks on, on the day he signs executive orders in the Oval Office at the White House in Washington, D.C., U.S., April 23, 2025. Leah Millis | Reuters U.S. President Donald Trump called the first shots in his trade crusade, but he also blinked first in his tariff war. Trump late…
China has ordered its airlines not to take any further deliveries of Boeing Co. jets as part of the tit-for-tat trade war that’s seen US President Donald Trump levy tariffs of as high as 145% on Chinese goods. Bloomberg | Bloomberg | Getty Images Boeing could hand over some of its aircraft that were destined…
US Treasury Secretary Scott Bessent speaks during the Institute of International Finance (IIF) Global Outlook Forum in Washington, DC on April 23, 2025. Jim Watson | Afp | Getty Images Treasury Secretary Scott Bessent on Wednesday said that “there is an opportunity for a big deal here” on trade issues between the United States and…
Nikita Yadav BBC News, Delhi @MEAIndia/X Vance (left) and Modi discussed matters related to trade, defence and bilateral cooperation India and the US are making progress in negotiating a bilateral trade deal, the countries said after a meeting between Prime Minister Narendra Modi and Vice-President JD Vance in Delhi. Vance is currently on a four-day…
The US Federal Trade Commission has filed a lawsuit against Uber, alleging the ride hailing and delivery company engaged in deceptive billing and cancellation practices. The consumer protection watchdog accused Uber of charging customers for its Uber One subscription service without getting their consent and making it hard for users to cancel. “The Trump-Vance FTC…
Companies large and small are turning to special U.S. Customs-approved sites to avoid, at least temporarily, the payment of new tariffs implemented by President Trump. These locations, called foreign trade zones (FTZs) and bonded warehouses, are specially designated, secured storage or manufacturing sites approved by U.S. Customs where freight is not subject to U.S. duties…
China has warned countries against appeasing the US in trade talks over President Donald Trump’s tariffs. A Chinese commerce ministry spokesperson made the comments in response to reports that Washington plans to put pressure on governments to restrict trade with Beijing in exchange for exemptions to US import taxes. The Trump administration has started talks…
