Trump says US to probe furniture imports
US president Donald Trump on Friday threatened fresh tariffs on imported furniture, saying his administration will launch a probe on the sector...
Tags : tariffs
Walmart lifts outlook for sales, earnings despite tariffs
Big-box retailer Walmart hiked its outlook for sales and some earnings in results released Thursday, even as costs of goods imported to the United States rose after president Donald Trump鈥檚 wide-ranging tariffs this year...
US metals tariffs hit industrial goods, baby products
The United States has broadened the reach of its steel and aluminium tariffs, the Commerce Department said Tuesday, impacting hundreds more products that contain both metals such as child seats, tableware and heavy equipment...
Japan exports fall most in 4yrs as Trump tariffs bite
Japanese exports suffered their steepest drop in more than four years last month as tariffs imposed by US president Donald Trump bit, official data showed Wednesday...
US tariffs drown Brazil鈥檚 fish industry
When the water pump is switched on, hundreds of tilapia come to the surface of a pond at a Brazilian fish farm. Their final destination is now uncertain because of US President Donald Trump鈥檚 stiff tariffs...
Semiconductor tariffs coming soon: Trump
US President Donald Trump said Friday he plans to announce tariffs on steel and semiconductors in the coming weeks...
Trump tariffs a stone for cowboy boots
We are offering the following story chosen by AFP鈥檚 chief editors for our Africa Selection re-publication as among the best reporting from the sub-Saharan continent over the last fortnight...
Small US firms battered by tariffs
When US president Donald Trump announced tariffs on almost all trading partners in April, Ben Knepler contacted the factory in Cambodia producing his company鈥檚 outdoor furniture. 鈥楽top production,鈥� he ordered...
Thyssenkrupp cuts targets as US tariffs weigh
Thyssenkrupp鈥檚 shares slumped Thursday as the struggling German industrial giant slashed its sales forecasts due to weak demand amid US president Donald Trump鈥檚 tariff onslaught...
India and China eye resumption of border trade
India and China are discussing resuming border trade five years after it was halted, foreign ministry officials on both sides have said, as US tariffs disrupt the global trade order...
US producer inflation in July highest in 3 years
US producer price inflation bounced in July to its highest reading since 2022, government data showed Thursday, with an uptick in services costs exceeding that in goods, as policymakers seek to gauge effects from President Donald Trump鈥檚 tariffs...
RMG exporters for focusing on increase competitiveness
The readymade garment exporters of the country said that they should focus on increasing competitiveness, building capability and removing non-tariff barriers, rather than overthinking the United States鈥� tariffs on India, China and other rivals.
BoE cuts rate as keeps watch over tariffs
The Bank of England on Thursday cut its key interest rate by a quarter point to four per cent, the lowest level in 2.5 years, as it bids to boost a UK economy still threatened by US tariffs...
Honda Q1 profit hit by tariffs, but lifts annual outlook
Japanese car giant Honda said Wednesday its net profit halved in the first quarter because of US tariffs, but upgraded its annual profit forecast after Tokyo finally hammered out a trade deal with Washington.
S African president talks to Trump over tariff
President Cyril Ramaphosa called president Donald Trump ahead of the US imposition of 30-per cent tariffs on South African exports Thursday and the leaders agreed to 鈥榝urther engagements鈥�, the government said.
Indian exporters say 50pc US levy a 鈥榮evere setback鈥�
Indian exporters warned on Thursday that the cost of additional US tariffs risked making businesses 鈥榥ot viable鈥� after president Donald Trump ordered steeper levies totalling 50 per cent on imported Indian goods...
Higher US tariffs kick in for dozens of trading partners
The United States began charging higher tariffs on goods from dozens of trading partners Thursday, in a major escalation of president Donald Trump鈥檚 drive to reshape global commerce in America鈥檚 favour...
Brazil seeks WTO relief against Trump tariffs
Brazil on Wednesday approached the World Trade Organisation聽 for relief against a hefty trade tariff imposed by president Donald Trump on more than a third of US-bound exports from the Latin American powerhouse...
Germany factory output lowest since pandemic
German industrial production slumped in June to its lowest level since the pandemic in 2020, data showed Thursday, underlining the fragility of Europe鈥檚 top economy even before US President Donald Trump鈥檚 new tariffs kicked in...
Pharma, chips tariffs incoming as trade war widens: US
US president Donald Trump signalled Tuesday that fresh tariffs on imported pharmaceuticals and semiconductors could be unveiled within the coming week, as a cascade of incoming duties promises to reshape global trading ties...
Steeper US tariffs take effect on many Brazilian goods
US tariffs on many Brazilian products surged Wednesday, as president Donald Trump moved ahead with a pressure campaign against the trial of his right-wing ally Jair Bolsonaro...
Who wins, who loses?
IN A world of escalating trade tensions and transactional diplomacy, tariffs have re-emerged as pivotal instruments for recalibrating national economies. At their core, tariffs are not merely financial levers; they are strategic tools for what one might call economic homeostasis 鈥� a term borrowed from physiology, which refers to maintaining equilibrium across key...
Trump tariffs don鈥檛 spare his fans in EU
Hungarian prime minister Viktor Orban promised that the return of his 鈥榙ear friend鈥� Donald Trump as US president would usher in a new 鈥榞olden age鈥�...
EU suspends tariff retaliation after Trump trade deal
The EU announced the suspension on Tuesday of its retaliatory tariffs on US goods worth 93 billion euros ($107 billion) after Brussels struck a deal with Washington last month...
South Africa eyeing new markets after US tariffs
South Africa is seeking new markets in Africa and Asia as it negotiates with the United States over looming 30-per cent trade tariffs, which could cost around 30,000 jobs, officials said Monday...
S African farmers on the frontline of US tariff hikes
As winter clouds gathered above South Africa鈥檚 prime wine-producing Robertson valley, the mood has been sombre ahead of new US tariffs of 30 per cent due to come into force next week.
Trump unveils slew of new tariffs
President Donald Trump unveiled new tariffs Thursday on nearly 70 countries 鈥� including a blistering 35 per cent on neighbour Canada 鈥� as he seeks to reshape global trade to benefit the US economy.
US takes in $87b from tariffs in H1
The United States took in more revenue from tariffs in the first six months of 2025 than it did in all of 2024, according to data from the US Treasury compiled by AFP.
HSBC banks lower profits on higher costs
Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was 鈥榳ell positioned鈥� to deal with the effects of US tariffs...
IMF lifts 2025 growth forecast
The IMF raised its global growth forecast Tuesday as efforts to circumvent Donald Trump鈥檚 sweeping tariffs sparked a bigger-than-expected surge in trade, while the US president stepped back from some of his harshest threats...
