Tag

Us Trade

All articles tagged with #us trade

business1 day ago•4 min saved

Boeing tops Airbus in 2025 orders as US demand fuels rebound

Boeing outsold Airbus on gross orders in 2025 for the first time this decade, booking 1,075 gross orders (Airbus: 1,000) as countries rushed to buy US aircraft to curry favor with the Trump administration. Boeing delivered 600 commercial jets, while Airbus delivered 793, and the backlog climbed to about 6,130. The turnaround has been aided by FAA relief allowing Boeing to certify its own jets again and by the Spirit AeroSystems acquisition, with large orders from carriers like Alaska Airlines helping late-year momentum.

via Financial Times|

#aerospace-and-defence #airbus #boeing

world12 days ago•2 min saved

U.S. reduces tariffs on Italian pasta imports

The US has reduced proposed tariffs on Italian pasta from as high as 92% to between 2% and 14%, following Italy's cooperation, though final decisions are pending. This move alleviates potential cost increases for consumers and reflects ongoing US-Italy trade negotiations, amid broader trade tensions.

via The Guardian|

#italy #pasta #tariffs

world2 months ago•1 min saved

Major Italian Pasta Brands at Risk of Disappearing from US Shelves Due to Tariffs

Over a dozen Italian pasta brands, including Barilla, face potential disappearance from US stores due to tariffs totaling 107%, resulting from an antidumping investigation accusing Italian producers of unfair pricing, which could make importing their products in the US nearly impossible.

via dailyvoice.com|

#food-industry #italy #pasta

world2 months ago•3 min saved

China Ends Rare Earth Controls Amid Global Trade Tensions

China will suspend some export controls on rare earth metals and end investigations into US semiconductor firms, while the US will pause tariffs on China for a year and halt plans for a 100% export tariff, in a trade deal aimed at easing tensions between the two countries, though the agreement may be a short-term truce.

via Bloomberg.com|

#china #chip-industry #rare-earth-metals

business2 months ago•1 min saved

Trump Engages with Japan Leaders and U.S. Troops in Diplomatic Visits

Japanese companies, including Toyota, announced initiatives to strengthen U.S. relations and address trade tensions during President Trump's visit to Tokyo, with Toyota planning to import U.S.-made vehicles to Japan and open its distribution network to U.S. automakers.

via The New York Times|

#automotive #business #japan

world2 months ago•1 min saved

Trump's Malaysia Visit and Asia Tour Highlights

Malaysia is negotiating to keep its semiconductor exports tariff-free in a trade deal with the US, amid concerns over potential tariffs on semiconductors and a possible critical minerals agreement during President Trump's visit to Kuala Lumpur, highlighting Malaysia's strategic focus on the electronics and rare earths sectors.

via Bloomberg.com|

#critical-minerals #malaysia #semiconductors

world3 months ago•2 min saved

China's exports surge despite US trade tensions in September

China's exports to the US declined by 27% in September amid ongoing trade tensions, while its global exports increased by 8.3%, driven by growth in Southeast Asia, Latin America, and Africa. Despite resilience in overall exports, uncertainties due to tariffs and export controls persist, complicating future trade prospects.

via AP News|

#china-exports #global-shipments #tariffs

business3 months ago•1 min saved

Trump Announces Tariffs on Pharmaceuticals, Trucks, and Furniture, Exempting EU and Japan

President Trump’s new 100% tariffs on pharmaceuticals will not apply to the EU and Japan due to existing trade agreements, with EU duties capped at 15% and Japanese rates as per their pact. The UK, however, faces the full tariff unless they build manufacturing plants in the US, which could exempt their products. The tariffs are part of broader trade policy adjustments, including auto tariff reductions.

via Bloomberg.com|

#business #eu #japan

world3 months ago•5 min saved

Canada and Mexico Strengthen Ties Amid U.S. Absence and Diplomatic Shifts

Canada and Mexico are holding a summit without the U.S. to discuss strengthening their trade relationship, diversifying away from U.S. reliance, and navigating the complexities of U.S. trade policies under Trump, amid ongoing tensions and the need to preserve their free trade partnership.

via The New York Times|

#canada #mexico #north-american-summit

world4 months ago•6 min saved

Impact of US Tariffs on India-US Economic Ties and Markets

Indian factories, especially in textiles, jewelry, and shrimp sectors, are severely impacted by the US's 50% tariffs, leading to reduced orders, layoffs, and economic uncertainty, with trade diversification efforts underway but facing challenges.

via BBC|

#exports #india #manufacturing

world5 months ago•6 min saved

Canada's Trade Minister Optimistic About Future Trade Deals

Canadian U.S. Trade Minister Dominic LeBlanc expressed disappointment over Trump's tariffs, emphasizing the importance of the trade relationship and ongoing negotiations to resolve issues related to tariffs on steel, aluminum, and other sectors, while highlighting Canada's strategic interests and efforts to maintain a strong, integrated economy with the U.S.

via CBS News|

#canada #dominic-leblanc #tariffs

economy5 months ago•3 min saved

IMF Boosts Global Growth Forecast Amid Easing Trade Tensions

The IMF has upgraded its global economic growth forecast for 2025 to 3% due to a de-escalation of US tariffs, which has boosted trade and economic expansion, though uncertainties remain due to US policies and trade tensions. Most regions, including the UK, are expected to benefit, but risks persist from unresolved trade disputes and policy uncertainties.

via The Guardian|

#economy #global-growth #imf

business5 months ago•2 min saved

Trump's Tariffs and US-Philippines Relations Impact Strategy and Trade

The US, under President Trump, announced a 19% tariff on imports from the Philippines following a meeting at the White House, as part of a broader trade agreement involving tariff removals and military cooperation, amidst ongoing global trade tensions and negotiations with multiple countries.

via BBC|

#business #philippines #tariffs

world6 months ago•2 min saved

US Imposes 17% Tariff on Mexican Tomatoes to Boost Domestic Production

The US has imposed a 17% tariff on Mexican tomatoes after withdrawing from a trade agreement, citing unfair pricing practices, which is expected to raise prices and impact trade between the two countries. Mexico opposes the move, emphasizing the importance of Mexican tomatoes and seeking negotiations, while the US aims to protect its domestic growers amid broader trade tensions.

via BBC|

#mexico #tariffs #tomatoes

world6 months ago•1 min saved

Senators Push for Stronger Russia Sanctions Amid Ukraine Conflict

U.S.-Russia trade has plummeted from $53 billion in 2021 to $5.5 billion in 2023 due to sanctions following Russia's invasion of Ukraine, with a significant drop in imports, especially oil, fertilizers, and chemicals.

via Politico|

#import-decline #russia #sanctions