Trump has responded to threats of digital services taxes with threats of more tariffs, arguing that "only America should be allowed to tax American firms," Reuters reported. In February, Trump issued a memo calling for research into the best responsive measures to counter threats of digital service taxes, including threatening more tariffs.

President Trump on Friday took aim at Apple and the European Union in a significant escalation of his ongoing trade war. In a one-two posting spree on Truth Social early Friday, he threatened Apple with 25% tariffs on non-US-made iPhones,

The recent Pahalgam attack has once again escalated tensions between Pakistan and India, fueling fears of military confrontation. While political rhetoric dominates the headlines, the severe economi

Australia's central bank on Tuesday said inflation would be lower and unemployment higher due to the cascading effects of global trade tensions, and that was even assuming interest rates were cut as deeply as markets expected.

The Treasury secretary concedes that Walmart will shoulder higher costs because of new levies on foreign nations.

BEIJING (Reuters) -- China cut benchmark lending rates for the first time since October on Tuesday, while major state banks lowered borrowing costs as authorities work to ease-monetary policy to help buffer the economy from the impact of the trade war with the U.S.

U.S. President Donald Trump confronted South African President Cyril Ramaphosa at the White House on Wednesday with allegations of mass killings and land seizures from white people, in a scene reminiscent of his February ambush of Ukraine's Volodymyr Zelenskiy.

Produce from warm climates can’t be reshored to the U.S. for year-round consumption, like some industrial and consumer goods.

GDP will likely grow 1.3 per cent to 2.3 per cent in 2025. Read more at straitstimes.com. Read more at straitstimes.com.

Joe Janzen, an agricultural economist at the University of Illinois, said the commodity markets have largely shaken off the initial shock of the trade war, including Trumps’ declaration of April 2 as “Liberation Day,” when he announced stiff worldwide tariffs.

But at the same time, Brazil is suddenly a more appealing source for China, another enormous consumer of beef, because its trade war with the United States — and the high tariffs the two nations ...

Republicans in the US House of Representatives narrowly passed President Donald Trump’s major budget bill on Thursday, and BYD has sold more electric vehicles in Europe than Tesla for the first time. Plus, Nvidia builds a buffer to the global trade war, and the US is starting to take the penny out of circulation.