Crunch Time for Trade Talks as Trump Deadline Nears Washington, D.C. – July 27, 2025 – As the August 1 deadline for President Donald Trump’s trade negotiations looms, global markets and foreign governments are bracing for the reimposition of steep tariffs on dozens of countries. Initially announced on April 2, 2025, as part of Trump’s … Read more
April 18, 2025 Detroit, MI – U.S. vehicle inventories are collapsing as consumers flood dealerships to beat President Donald Trump’s 25% tariffs on imported cars, effective April 3, 2025, which threaten $3,000–$6,000 price hikes, per CNBC (web:0). New vehicle supply fell from 91 days in March to 70 days by April 16, with used cars … Read more
Detroit, April 4, 2025 – The world’s leading automakers are reeling from President Donald Trump’s “reciprocal tariffs,” enacted on April 2, with a swift cascade of price hikes, production cuts, and layoffs signaling a seismic shift in the global auto industry. As the tariffs—starting at 10% across all imports and spiking to 54% on China, … Read more
As inflation continues to soar, consumer food businesses across the country are grappling with unprecedented cost increases and supply chain disruptions. In a growing number of industries, businesses are finding themselves “nowhere to absorb it,” unable to offset the rising prices of raw materials, labor, and logistics without passing them on to consumers. According to … Read more
European Commission President Ursula von der Leyen will meet U.S. President Donald Trump in Scotland on Sunday, July 27, 2025, to negotiate a trade deal and avoid a transatlantic trade war. The talks aim to secure a framework agreement before an August 1 deadline, when Trump has threatened to impose a 30% tariff on EU … Read more
U.S.-China Tariff Truce Marks Step Towards Strategic Decoupling, Says Treasury Secretary Bessent Washington, D.C., Could 13, 2025 – U.S. Treasury Secretary Scott Bessent hailed the U.S.-China commerce settlement, introduced on Could 12, 2025, as a major step within the “strategic decoupling” of the U.S. financial system from reliance on Chinese language imports for important items. … Read more
Scott Bessent, US treasury secretary, throughout a Bloomberg Tv interview in New York, US, on Thursday, Feb. 20, 2025. Treasury Secretary Scott Bessent on Thursday provided a full-throated protection of the White Home’s place on tariffs, insisting that commerce coverage must be about extra than simply getting low-priced objects from different international locations. “Entry to … Read more
EU Proposes “Reciprocal Duties” Against “Dirty 15” Countries in Trade Clampdown Brussels, Belgium – The European Union is set to impose retaliatory tariffs on 15 countries accused of unfair trade practices, branding them the “Dirty 15” in an aggressive move to level the playing field for European businesses. The proposed “reciprocal duties” would mirror the … Read more
Germany Lashes Out at Trump’s Levy on U.S. Car Imports In a sharp escalation of transatlantic tensions, Germany has voiced strong opposition to U.S. President Donald Trump’s recent proposal to impose steep levies on American car imports. The move, which Trump has framed as a means to bolster domestic manufacturing and protect national security, has … Read more
Trump Advisor Peter Navarro Urges India to Halt Russian Oil Purchases Amid Rising Tensions Washington, D.C. – August 18, 2025 – Peter Navarro, a senior trade advisor to U.S. President Donald Trump, has called for India to cease its purchases of Russian crude oil, arguing that they fuel Moscow’s war in Ukraine and undermine global … Read more