Trump's Global Tariffs Spark Uncertainty and Reactions

The EU-US trade agreement, announced last weekend, is not yet finalized as many details remain to be ironed out and discrepancies exist between the two sides. European leaders are unhappy with the terms, particularly the 15% tariff on most EU exports to the US, and some EU countries will be disproportionately affected. The agreement is not legally binding and further negotiations are expected to continue for some time.

The article discusses the potential consequences of US President Donald Trump's global tariffs policy, which has been touted as a series of victories by the administration. While the initial fears of massive disruptions to financial markets have not materialized, the long-term repercussions are still uncertain. The article highlights the impact on various countries, including the UK, EU, Japan, South Korea, Cambodia, Pakistan, Germany, India, and China, and notes that the tariffs have raised prices in the US, squeezed household incomes, and potentially damaged the global economy.

The article reports that President Trump announced a 25% tariff on imports from India, citing India's high tariffs and trade barriers, as well as its large purchases of military equipment and energy from Russia. The U.S. trade deficit with India rose by 5.4% to $45.7 billion in 2024, despite an increase in U.S. exports to India. The tariff is part of a broader trade policy by the Trump administration, which has imposed tariffs on several countries that did not reach trade deals with the U.S. by the administration's deadline.

The US President Trump has formally announced higher tariffs on imports from over 60 trading partners, effective from August 6, as part of his administration's efforts to renegotiate trade deals and reduce trade deficits. The tariffs range from 10% to 41% depending on the country and its trade balance with the US. The move is seen as a continuation of Trump's 'America First' trade policy, which has been met with mixed reactions from trading partners and economists.

The article discusses the latest trade twist by U.S. President Donald Trump, who announced 40% tariffs on transshipped goods and new rates for dozens of countries just before the August 1 deadline. This move follows a pattern of late-night shifts in Trump's trade strategy, leaving markets and businesses scrambling. The article highlights Trump's unpredictable leadership style, which mixes showmanship, brinkmanship, and a firm belief in the power of unpredictability. Experts warn that this diplomacy-by-disruption carries costs, making global markets jittery and causing CEOs to build uncertainty into their forecasts.

Asia-Pacific stock markets fell on Friday after U.S. President Donald Trump modified 'reciprocal' tariff rates on several countries. South Korean stocks led the losses, while China's manufacturing activity shrank in July. Asian tech giants mostly fell as investors digested Wall Street's tech earnings and Trump's tariffs. The U.S. dollar index rose against major currencies.

The article discusses the reactions of various countries to the latest tariff announcements made by U.S. President Donald Trump, with the deadline for implementation looming. Trump announced revised 'reciprocal' tariff rates for several countries, with those not listed facing an additional 10% duty. Countries such as Cambodia, Thailand, Taiwan, Malaysia, and Japan have seen their tariff rates reduced, while others like India, New Zealand, Norway, Switzerland, and Canada have faced increased or maintained high tariff rates. The reactions from these countries range from appreciation for reduced tariffs to disappointment and concern over the impact on their economies.

U.S. President Donald Trump has signed an executive order modifying 'reciprocal' tariffs on dozens of countries, with updated duties ranging from 10% to 41%. The new tariff rates will start from August 7. Countries not listed in the order will face an additional 10% duty, while goods considered to have been transshipped to avoid duties will be subject to a 40% tariff. The move is seen as a continuation of Trump's protectionist trade policies, with analysts warning of further tariff increases and potential trade tensions.

US President Donald Trump signed an executive order adjusting tariffs on several countries, with rates ranging from 10% to 41%. The move is expected to cost US households an average of $2,400 in 2025 and has sparked concerns among world leaders. Countries such as Canada, Brazil, and Switzerland faced significant tariff rate increases, while Lesotho, Madagascar, and the Falkland Islands saw major reductions. US Trade Representative Jamieson Greer hailed the new tariffs as a 'knockout win', while Council of Economic Advisors Chairman Stephen Miran expects increased government revenue and more trade deals.

The Panama Canal Authority plans to build a $1.6bn dam on the Indio river, displacing 630 families, despite local protests. The project aims to alleviate water shortages affecting global shipping through the Panama Canal.

The article discusses the potential peace deal between Turkey and the Kurdistan Workers' Party (PKK) after decades of conflict. While welcoming the deal, the article cautions that it should not be used as a smokescreen for repression by Turkish President Erdogan's authoritarian government. The peace could bring economic growth and autonomy to Turkey's Kurdish region and ease tensions in Syria.

The article discusses how Europe's hard right is challenging the continent's climate consensus, with politicians like Friedrich Merz and Nigel Farage questioning the effectiveness of climate action. The response from the rest of the political spectrum has been tepid so far.

CNN's Richard Quest discusses why he believes Trump's tariff deals will not be successful, following the White House's announcement of new trade policies, including baseline tariffs for all countries.

The US is imposing new tariffs on countries without bilateral trade agreements under Donald Trump's 'Liberation Day' III deadline. Several countries have secured deals, including the UK, EU, Japan, and South Korea, but others face tariffs ranging from 15% to 50%. The legality of Trump's approach has been challenged, with a US court ruling that the tariffs exceeded his authority.

The article argues that the US should prevent China from gaining control over 43 critical global shipping ports by blocking the inclusion of Chinese state-owned COSCO in the deal between US asset manager BlackRock and Hutchison, a Hong Kong-based port operator. The deal is crucial for US national security and the global economy, as it would reduce China's grip on global shipping and prevent the Chinese Communist Party from tightening its surveillance and control.

US President Donald Trump imposed higher tariffs on Canada, increasing the general tariff rate to 35% from 25%, while granting Mexico a 90-day reprieve pending further negotiations. Canadian Prime Minister Mark Carney expressed determination to continue negotiations while focusing on strengthening Canada's economy. The move has sparked concerns among Canadians, with many attributing Trump's decision to his apparent ill will towards Canada and its previous prime minister, Justin Trudeau.

The Trump administration has unveiled new tariffs on over 60 countries, including a 10-41% tariff rate on 67 countries, Taiwan, and the European Union, effective August 7. The move is part of the administration's effort to remake global trade and follows through on campaign promises to transform the global trading system. The tariffs are expected to trigger uncertainty for US trade partners and have been met with skepticism from economists.