President Donald Trump raised the global duty on imports into the United States to 15 percent on Saturday, doubling down on his promise to maintain his aggressive tariff policy a day after the Supreme Court ruled much of it illegal. Trump said on his Truth Social platform that after a thorough review of Friday’s “extraordinarily […]
The statement followed Trump’s signing of an executive order on Thursday, July 31, 2025, introducing reciprocal import tariffs ranging from 10 per cent to 41 per cent on goods from 70 countries.
U.S. President Donald Trump threatened once again on Friday to ramp up his trade war, recommending a 50% tariff on European Union goods starting June 1 and warning Apple he may impose a 25% tariff on any iPhones manufactured outside the U.S. The twin threats, delivered via social media, roiled global markets after weeks of […]
Trump chastised Beijing early Monday for not heeding “my warning for abusing countries not to retaliate” as he called China “the biggest abuser of them all” on tariffs.
Coming days after Trump’s announcement that the US would impose import tariffs on most countries around the world, gatherings were also held outside the US, including in London, Paris and Berlin.
Rosenblatt Securities says Apple needs to hike iPhone price by 43% to cover for tariffs.
A fresh trade hurdle looms for Kenya as U.S. President Donald Trump slaps a 10% tariff on Kenyan exports, triggering alarm bells across the country’s manufacturing sector. The Kenya Association of Manufacturers (KAM) is urging Trump to rethink what it’s calling a risky economic move. For years, Kenya enjoyed duty-free access to the U.S. through […]
