Tag : trump tariffs

Business

Data show Trump trade war failed to cut US China trade gap

basrahdaily.com
WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside...
Business

European Commission says Trump’s tariff strategy disrupts global trade

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The European Commission opposes Trump’s reciprocal trade policy, warning it could disrupt markets, fuel inflation, and harm businesses, vowing to protect EU industries from unfair...
Business

U.S. stocks fall as Trump announces tariffs on key trade partners

basrahdaily.com
U.S. stocks dropped Monday after Trump announced tariffs on China, Mexico, and Canada, but pared losses after he delayed Mexico tariffs for one month following...
Featured News

Gasoline, groceries, and cars could cost more as Trump’s tariffs loom

basrahdaily.com
Trump’s 25% tariffs on Canada and Mexico could drive up prices for gas, groceries, and cars, with experts warning of economic fallout and potential supply...
Featured News

Trump imposes 25% tariff on all Colombian imports over migrant row

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Trump’s 25% tariff on Colombian imports, escalating to 50%, targets coffee, oil, and flowers, driving up U.S. consumer prices while straining trade relations amid immigration...
Featured News

Yuan weakens further, testing China’s resolve amid U.S. policy shifts

basrahdaily.com
Beijing struggles to stabilize the yuan as Trump tariffs and a strong U.S. dollar intensify pressures on China’s economy, raising global concerns about financial and...