Trade

Editor’s Note: This story has been updated to include the latest details A federal court struck down global tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act on Wednesday. This ruling could significantly impact the administration’s...

Apple Inc. (NASDAQ:AAPL) accelerated its manufacturing pivot from China to India as U.S. iPhone shipments from the country jumped 76% year-over-year in April, reaching 3 million units. What Happened: India’s iPhone exports to the U.S. soared 76% in April compared to the same period last year...

Jim Cramer believes that a consistent flow of trade agreements is crucial to bolstering market confidence and allaying fears of both recession and a surge in inflation. What Happened: In a recent post on X, Cramer asserted that a “steady drip of trade deals” might be the key ingredient...

The U.S. and China are engaged in renewed trade negotiations following a sharp escalation in tariffs — with the U.S. imposing duties of up to 145% on Chinese goods and China responding with 125% tariffs on American imports. These moves have disrupted global supply chains and heightened economic...

Prominent economist Mohamed A. El-Erian has highlighted potential “adverse implications” for domestic industries following a surprisingly strong surge in China’s exports for April. In a post on X, El-Erian noted that China’s exports jumped by 8% in April, significantly...

Japan’s government has announced a series of emergency economic measures to counteract the adverse effects of increased tariffs imposed by the United States. The move, announced on Thursday, comes as Japan prepares for further trade discussions with the U.S. next week. What Happened: Japan...

U.S. Vice President JD Vance arrived in India on Monday for a four-day visit aimed at progressing with bilateral ties and fast-tracking a significant trade deal. While New Delhi rolled out a cultural welcome, the visit prompted grassroots protests from the All India Kisan Sabha (All India Farmers...

The Xi Jinping administration’s Ministry of Commerce has warned against the U.S. using tariffs to coerce other countries into restricting economic and trade cooperation with China. What Happened: According to a recent release by the ministry (translated from Chinese to English using Google...

President Donald Trump expressed his hesitation to escalate tariffs on China, citing potential trade stagnation. He also hinted at China’s attempts to negotiate a deal. What Happened: Trump voiced his concerns about escalating tariffs on China, suggesting it could hinder trade between the two...

Economist Craig Shapiro has expressed skepticism regarding President Donald Trump’s trade policies, expressing concerns about tariff revenue not being able to fund the trade deficit, which is likely to widen after his proposed tax cuts. This is particularly following the exemption of...

Top U.S. technology multinationals, which have been the biggest beneficiaries of globalization, come to the fore as tariffs could heavily impact the cost of the goods sold by these firms. What Happened: The data shared by Gina Martin Adams, the chief equity strategist and global director of equity...

President Donald Trump is set to unveil a sweeping tariff plan — nicknamed “Liberation Day” — on Wednesday that could lift U.S. trade duties to levels not seen in decades, disrupting global supply chains and jolting financial markets already wary of geopolitical risk. Ahead of the Trump...

The first quarter of 2025 saw a notable decrease in economic optimism among chief financial officers, with the latest CFO Survey pointing to tariffs and market uncertainty as primary drivers. What Happened: The quarterly survey conducted by Duke University and the Federal Reserve Banks of Richmond...

Four days into his second term, President Donald Trump addressed the World Economic Forum 2025 in Davos via video conference on Thursday, outlining an aggressive economic agenda that promises corporate tax cuts, deregulation, energy expansion and a hardline stance on global trade. In a speech that...

Mexican President Claudia Sheinbaum has publicly countered President-elect Donald Trump‘s statement regarding Mexico’s agreement to close its border with the United States. Trump had claimed that Mexico would immediately halt migration to the U.S., a statement Sheinbaum has now...