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A service for international trade professionals · Monday, May 12, 2025 · 811,713,749 Articles · 3+ Million Readers
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  • Published on May 9, 2025

    U.S. tariffs could raise cost of baby products up to $1,000 a year

    President Trump's tariffs are making it a lot more expensive to have kids, parents and baby gear makers say. Sweeping levies imposed by Mr. Trump in April are hiking the prices of baby essentials, including car seats and strollers, amounting to a tax …

    Source: CBS News - Neutral
  • Published on May 9, 2025

    U.S. automakers slam Trump's tariff cut on UK vehicles

    (The Center Square) – President Donald Trump's framework for a trade deal with the United Kingdom includes lower tariffs on vehicles from that nation, a move that U.S. automakers oppose.  American Automotive Policy Council President Matt Blunt said the …

    Source: The Center Square - Right-wing
  • Published on May 9, 2025

    Freight shipper says ‘millions’ of businesses in peril from China tariffs

    Ryan Petersen, chief executive officer of the tech-focused freight company Flexport Inc., hasn’t shied away from criticizing the Trump administration’s trade war. In late April, Petersen traveled to Washington, D.C., to give Trump officials and Republican …

    Source: The Pasadena Star News - California - Neutral
  • Published on May 9, 2025

    Sweeping cost-cutting reforms

    The Prime Minister is putting an end to unrestricted tax exemptions for vehicles purchased by Members of Parliament and ministers and State-funded housing for ministers. Addressing a post-Cabinet news conference at the Red House, Port of Spain yesterday, …

    Source: Trinidad Express - Neutral
  • Published on May 9, 2025

    Trump floats cutting China tariffs to 80% ahead of weekend meeting

    WASHINGTON (AP) — President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war between the world’s two largest economies. …

    Source: WCCB Charlotte - North Carolina - Neutral
  • Published on May 8, 2025

    Trump unveils United Kingdom trade deal, first since 'reciprocal' tariff pause

    President Donald Trump on Thursday unveiled the broad outline of a trade agreement with the United Kingdom. The deal is the first by the United States with a country whose imports were subject to new tariffs imposed by Trump in early April. The U.S. has a …

    Source: CNBC - Neutral
  • Published on May 9, 2025

    Markets This Week

    Indian equity indices closed lower on Friday, with the NIFTY settling at 24,008, down 265.80 points (1.10%). The Sensex fell 880.34 points (1.10%) to 79,454.47. Escalating tensions between India and Pakistan have weighed heavily on market sentiment. While …

    Source: Moneylife India - Neutral
  • Published on May 9, 2025

    US industry optimistic about getting Indian market access for its soyabean 

    Jim Sutter, CEO, US Soybean Export Council The US soyabean industry is “cautiously optimistic” that India will provide market access for its produce and would like the import duty to be “as low as possible”. It is of the view that India could import …

    Source: The Hindu Business Line - Neutral
  • Published on May 9, 2025

    India-UK FTA: Will JLR revisit manufacturing plans in India?

    Tata Motors will have a key role to play in order to convince Jaguar Land Rover to reconsider manufacturing its next-gen luxury EVs in India. India and the United Kingdom signed a historic free trade agreement (FTA) earlier this week marking an end to …

    Source: Financial Express - Neutral
  • Published on May 9, 2025

    Navigating Trade Barriers with Digital Manufacturing

    In today’s rapidly evolving global economy, trade barriers such as tariffs, import restrictions, and geopolitical tensions are becoming increasingly disruptive. These obstacles complicate supply chains, inflate operational costs, and delay production …

    Source: International Trade Magazine - Neutral
  • Published on May 9, 2025

    Canada’s unemployment rate jumps to 6.9% in April, employment little changed

    By Promit Mukherjee OTTAWA (Reuters) -Canada’s unemployment rate rose to 6.9% in April, matching the November figure when joblessness in the country scaled an eight-year high outside of the pandemic era, data showed on Friday. The high unemployment rate in …

    Source: KFGO - North Dakota - Neutral
  • Published on May 9, 2025

    European Parliament backs extension of trade liberalisation measure for Ukrainian imports

    On 8 May, the European Parliament  voted to renew the suspension of import duties and quotas for certain imports from Ukraine, such as iron and steel, due to expire on 5 June 2025. With the adoption of the Autonomous Trade Measures (ATM) Regulation, the EU …

    Source: EU NEIGHBOURS east - Neutral
  • Published on May 9, 2025

    From Apple to GM, tariffs set to cost companies tens of billions

    (Bloomberg) — From Apple Inc (AAPL). to General Motors Co. (GM), corporate America is bracing for tens of billions of dollars in damages from Trump’s trade war — and that’s before most affected goods have landed. Most Read from Bloomberg Among US companies …

    Source: Yahoo Finance - Pending
  • Published on May 9, 2025

    Satisfying News For Enthusiasts Of Scotch Whiskey

    MUMBAI: There is satisfying news for the enthusiasts of Scotch whiskey. There can be a drop in the price of Scotch whiskey within the coming months. The reason for the lower charge is the central authorities' selection to lessen the import duty on …

    Source: India Herald - Indeterminate
  • Published on May 9, 2025

    Carmakers and engineers cheer UK-US trade deal as steel and auto tariffs slashed

    The agreement — the first struck under President Trump’s renewed trade agenda — eliminates proposed American tariffs of 27.5% on British steel and reduces car tariffs to 10%, covering up to 100,000 UK car exports annually. However, a 10% blanket tariff …

    Source: Business Matters - Neutral
  • Published on May 9, 2025

    From Apple to GM, tariffs to cost major corporations billions

    Breadcrumb Trail Links News Many companies have yet to provide guidance, with some taking a wait-and-see approach Author of the article: Bloomberg News Sarah Frier and Chester Dawson Published May 08, 2025  •  Last updated 2 minutes ago  •  6 minute read …

    Source: The Kingston Whig-Standard - Neutral
  • Published on May 9, 2025

    GCDA Plans Peaceful Protest Against Harsh Government Policies

    - Advertisement - By Alieu Jallow The Gambia Car Dealership Association (GCDA) has officially written to the Inspector General of Police (IGP), seeking permission to hold a peaceful protest against government policies that it claims are crippling the …

    Source: The Fatu Network - Indeterminate
  • Published on May 9, 2025

    Mongolia hosts first-ever Cement Expo

    As featured in World Cement, Mongolia's national cement producers have co-organised the country's first Cement Expo on May 2, 2025 led by Moncement building materials LLC, owned by EBRD and Monpolymet, marking a significant milestone in the push to …

    Source: World Cement - Pending
  • Published on May 9, 2025

    HSBC launched a loan specifically to help businesses deal with the cost of tariffs

    2025-05-09T11:38:01Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app HSBC has created a loan designed to help businesses handle the cost of tariffs. HSBC TradePay for …

    Source: Business Insider - Neutral

07 days 22:34:02

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  • Published on May 6, 2025 - 11:26 GMT

    U.S. Stock Markets Slide Amid Global Trade Jitters

    (MENAFN) U.S. stock markets closed in negative territory on Monday as investors reacted to increasing uncertainty surrounding international trade relations. The Dow Jones Industrial Average declined by 0.24 percent, settling at 41,218.83. The S&P 500 …

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  • Published on May 8, 2025 - 19:21 GMT

    CBP’s Baltimore Field Office Recovered 250 Stolen Vehicle Exports during 2024

    BALTIMORE – U.S. Customs and Border Protection officers in the Baltimore Field Office continue to combat transnational criminal organizations that profit on the international trade in stolen vehicles. CBP officers here intercepted 250 stolen vehicle …

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