Shorouk Express Trump announced on Friday a new 50 percent tariff on steel and aluminum would take effect on June 4, up from the previous rate of 25 percent. “At 50 percent, they can no longer get over the fence,” Trump said during a speech at a U.S. Steel facility in West Mifflin, Pennsylvania. The…
Shorouk Express “We have agreed to move forward as quickly as possible on the issue of Cognac, which is essential for our producers,” he added. Last week, Economy Minister Eric Lombard also raised the issue with Chinese Vice Premier He Lifeng during a meeting in Paris. Their six-hour discussion did not lead to a resolution…
Shorouk Express Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email President Donald Trump threatened to impose 100 percent tariffs on toy-maker Mattel after the company said it would diversify its production to other…
[ad_1] As America apparently digs in for the long haul in a trade war with China, one of the most popular places on the web for cheap consumer goods is increasing its prices. With import taxes skyrocketing for US residents and the de minimus exemption set to disappear, Temu has raised prices on most of…
Shorouk Express Donald Trump claimed America is “taking in billions and billions of dollars” as a result of global trade tariffs. The US president said nothing he heard during a White House meeting with Italy’s prime minister Giorgia Meloni on Thursday (17 April), changed his mind about his controversial tariffs. Trump said: “The tariffs are…
Shorouk Express What tariffs are already in place? But other relatively new duties remain in place. Here’s what exporters to the U.S currently face: A broad 10 per cent tariff on most exporters to the U.S, for all goods, unless tariffs already exist on those trading partners A 25 percent tariff on all goods from…
Shorouk Express The British government claims the initiative will save U.K. businesses £17 million, which could be passed on to consumers. The U.K. was slammed with 10 percent U.S. tariffs across the board on April 2, on top of 25 percent duties on aluminum, steel, vehicles and car parts. On Saturday, the House of Lords…
[ad_1] Certain electronics gadgets are now exempt from certain tariffsPhones, laptops, and processors all get a reprieve – which includes ChinaIt’s still not clear what will happen next with electronics pricing There’s a new twist in the US tariff trade war: Phones, computers, semiconductors and various other electronics are now exempt from punishing import tariffs,…
Shorouk Express Voices: Magaland is having its faith tested – maybe St Donald is only human after all Everyday Americans who voted for Trump to make them rich have had a rude awakening in his market-plunging tariffs, says Jon Sopel. Joe Sommerlad11 April 2025 16:20 Trump envoy Richard Grenell in ‘bizarre’ email exchange with Kennedy…
Shorouk Express China on Friday escalated tariffs on imports from the United States to 125 percent, in response to U.S. President Donald Trump’s punishing regime against Chinese goods. Beijing’s finance ministry said that the U.S. was threatening to become a laughing stock as it jacked up tariffs on Chinese goods higher and higher to 145…
