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US imposes new global tariffs on 60 trading partners over forced labor
The US imposed 10% and 12.5% tariffs on goods from 60 trading partners, citing failure to curb forced labor imports, sparking global protests.
US producer prices surge 1.4% in April amid rising energy costs
U.S. producer prices surged 1.4% in April, marking the biggest rise in four years and signaling accelerating inflation pressures amid geopolitical tensions.
China urges US to drop tariff threat amid trade tensions
China calls on the U.S. to withdraw its 100% tariff threat as trade tensions rise, warning of countermeasures after new restrictions on rare earths.
Trump considers pausing his auto tariffs as the world economy endures whiplash
President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains.
Trump threatens more tariffs on China
Undeterred by a panicked stock market, President Donald Trump threatened additional tariffs on China on Monday, raising fresh concerns that his drive to rebalance the global economy could intensify a financially destructive trade war.
