Tariffs
Ecuador Imposes 27% Tariff on Mexican Imports, Redefining Trade Ties
Ecuador announced a 27% tariff on Mexican imports to address trade imbalances and safeguard local industries. This follows strained Ecuador-Mexico relations and precedes Ecuador's general election, hinting at political motives.…
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Lasted Tariffs
Air cargo charter flights from China to US canceled after trade policy shift
US tariffs up to 145% and the end of de minimis rules caused a 50% drop in Chinese e-commerce air…
Airlines pull financial forecasts as trade war deepens industry uncertainty
U.S. airlines, including American and Delta, withdrew financial forecasts following dramatic drops in leisure and business travel caused by President…
Pakistan cancels visas for Indian travelers after Kashmir attack
After the April 22 Kashmir attack, Pakistan canceled all Indian visas, suspended trade, and closed airspace to Indian airlines. India…
China denies talks with United States over tariffs
China declares no active tariff talks with the United States, contradicting Trump’s statements. Steep tariffs—145% by the US, 125% by…
Trump faces lawsuit from states over new tariffs on imports
Twelve U.S. states have sued President Trump, claiming his 145% tariffs on Chinese products are unconstitutional and illegal. At issue…
Trump signals major cuts to 145% China tariffs but says they stay
President Trump’s announcement to cut the 145% tariffs on Chinese goods rallied global markets, particularly technology stocks. The new rate…
Trump’s Tariffs Expected to Shrink US Economy, Raise Household Costs
Trump’s Tariffs and mass deportations could reduce US GDP by up to 6.8% and raise household costs by $5,200 annually.…
United States reduces port fees on China-built ships
United States revised its port fee policy for China-built ships: six-month exemption, gradual fee increases to $33 per net ton…