Tag: international trade
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China sanctions 5 US units of South Korean shipbuilder Hanwha Ocean over probe by Washington
China has banned dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean
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China hits US ships with retaliatory port fees before trade talks
China has hit American-owned vessels docking in the country with tit-for-tat port fees
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Ferrari reveals features of first fully electric vehicle, but its financial outlook mars the debut
Italian luxury sports carmaker Ferrari raised its 2025 guidance in the face of global 15% tariffs on foreign car imports to the United States as the company unveiled the new powertrain and chassis of its first fully electric production vehicle
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Slovakia resists Trump’s push to quickly quit Russian oil
Slovakia has no plans to quickly abandon Russian oil supplies, President Peter Pellegrini told U.S. President Donald Trump during talks in New York this week. Trump has been pressing the European Union’s holdouts — Hungary and Slovakia — to end imports of Russian crude, arguing it would help choke off Moscow’s war funding and push…
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World shares are mixed after Trump says he will impose new tariffs on drugs and other goods
World shares are mixed after President Donald Trump announced plans for new tariffs including 100% import taxes on pharmaceutical drugs, starting on Oct. 1
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Global shares mostly rise after Wall Street sets new records
Global shares are trading mostly higher as investor anticipation grew that the Federal Reserve will announce the first cut of the year on its main interest rate
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Mexico overtakes China as the leading source of goods imported by US
For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported by the United States
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China, US hold economic talks as trade issues heat up on the campaign trail
Chinese and U.S. officials have met in Beijing for talks on tough issues dividing the two largest economies as trade and tariffs increasingly draw attention in the runup to the U.S. presidential election