Trade tensions between the US and the European Union have intensified after US President Donald Trump announced his intention to raise import tariffs on European cars and lorries to 25% "from next week". The current tariff stands at 15%, said a report.
US President Donald Trump has decided to adjust the tariffs imposed on imports of steel, aluminium, and copper to reduce duties on derivatives made from these metals, simplify compliance procedures, and prevent manipulation of import values.
Markets are facing a 'double whammy' of energy volatility and trade tensions flaring up again, says a financial expert amid escalating conflict involving Iran, while the Trump administration simultaneously launches sweeping new trade investigations targeting many of the world’s largest economies.
US President Donald Trump has announced that he will raise a temporary tariff from 10% to 15% on US imports from all countries after the US Supreme Court struck down his previous tariff programme. However, far from being a source of relief, it has infused new risks and uncertainties into trade policy, US debt and the dollar.
US President Donald Trump has signed an order imposing a new 10% tariff on imports from all countries, invoking Section 122 of the Trade Act shortly after the Supreme Court struck down his earlier sweeping emergency tariffs.
Investors are likely to face a more demanding but opportunity-rich market in 2026 as they look to the year ahead to build and safeguard wealth, affirms the CEO of one of the world’s largest independent financial advisory organisations.
US President Donald Trump’s appearance at Davos this week could have almost immediate and lasting economic consequences for the global economy, warns Nigel Green, CEO of deVere Group, as tensions over Greenland move toward a decisive phase.
