South Korean exporters are expected to see a 4.9 per cent decline in exports during 2025 on a year-on-year basis, if US President Donald Trump goes ahead with his current tariff policies, revealed a new survey released on Monday, reports the Korean Herald.
US President Donald Trump's regular targeting of India about the trade deficit and accusations that India unfairly benefits from trade are incorrect, argued Global Trade Research Initiative (GTRI) in a report, explaining threadbare how India fuels US profits beyond trade in what it termed it
Global trade wars are biggest risk to the investment this year, followed by major geopolitical conflict, and higher inflation, revealed Global Family Office Report 2025 by UBS.
Following US President Donald Trump's proposal for a 50% tariff on all imports from the European Union, effective June 1, he announced an extension of the deadline after a conversation with Ursula von der Leyen, President of the European Commission. Trump said that he had agreed to extend th
The company's USD 165 billion investment aims to build advanced semiconductor fabrication facilities in the state, but TSMC warned that tariffs could reduce demand for chips and jeopardize the project's success.
Even if the United States were to impose a 25 per cent tariff on iPhones manufactured in India, the total production cost would still be much lower if compared with manufacturing the devices in the U.S, according to a report by Global Trade Research Initiative (GTRI).
US President Donald Trump on Friday announced that iPhone maker Apple will have to pay a 25 per cent import tariffs if its mobile handsets sold in US are not produced in the boundaries of the country.
Amid the ongoing tariff uncertainty by US President Donald Trump, businesses are likely to delay any new investment and this has the potential to trigger a global slowdown, according to a report by Nomura.
Secretary of State Marco Rubio said on Tuesday that the US is resetting its trade relationships worldwide through pro-growth tariffs to balance trade and boost revenue. Rubio also took a swipe at China, saying the US is confronting the Chinese Communist Party's influence globally and ending