Scotland’s whisky industry is facing a £100 million ($130 million) fall in exports as a 25% tariff on imports of single malt Scotch into the United States starts to “hit hard,” according to an industry body.
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The United States has granted Iraq a 45-day sanctions waiver enabling the country to continue importing vital Iranian gas and electricity supplies.
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U.S. imports of French wine have plummeted since President Donald Trump imposed 25% tariffs on a range of European delicacies in a battle over subsidies to planemaker Airbus, officials said Friday.
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Japan on Friday approved a contentious plan to send naval troops to the Middle East to ensure the safety of Japanese ships bringing oil to the energy-poor country that depends heavily on imports from the region.
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The Trump administration is proposing tariffs on up to $2.4 billion worth of French imports — including Roquefort cheese, handbags, lipstick and sparkling wine — in retaliation for France’s tax on American tech giants Google, Amazon and Facebook.
Read moreThe United States will impose tariffs on steel and aluminum imported from Brazil and Argentina, President Donald Trump announced Monday morning.
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The EU on Wednesday warned Ecuador over illegal fishing, saying it could impose a ban on fish imports from the country if it does take more action to address the situation.
Read moreFrench vintners are begging for government aid. Italian farmers are scrambling for new export markets. And American shoppers are about to face supermarket sticker shock on European products.
Read morePresident Donald Trump on Friday announced a tentative partial trade deal with China, putting off impending tariffs hikes set to be snapped in place on $250 billion in Chinese goods next week.
Read moreU.S. consumers are stocking up Italian Parmesan cheese ahead of an increase in tariffs to take effect next week.
Read moreThe Trump administration on Tuesday announced it is holding imports of clothing, gold, diamonds and other items believed to have been produced with forced labor by companies based in Brazil, China and Malaysia as well as some gold mined in eastern Congo and diamonds from a region in Zimbabwe.
Read moreA ban on onion exports by India has caused shortages, soaring prices and widespread anger in neighboring Bangladesh, where the pungent bulb is used in almost all aspects of the national cuisine.
Read morePresident Donald Trump announced on Wednesday that the U.S. will delay tariffs against select Chinese imports in an ongoing trade war between the two superpowers.
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China on Wednesday announced it will exempt American industrial grease and some other imports from tariff hikes in a trade war with Washington but kept in place penalties on soybeans and other major U.S. exports before negotiations next month.
Read moreExpect a direct hit on many U.S. consumers from President Donald Trump’s latest round of tariffs on Chinese imports. He had no intention of pulling back on import taxes set to kick in Sunday.
Read morePresident Trump is bragging about a new deal with Mexico that provides for “large” sales of U.S. farm goods, but it doesn’t appear to exist. Mexican officials denied that anything on agriculture was included in the border deal reached Friday to avert Trump’s threatened tariffs.
Read morePresident Trump’s threat to impose punitive tariffs on all Mexican imports could affect millions of jobs in the United States’ southern neighbor —including more than 70,000 of them in the tequila industry.
Read moreA top White House official said Sunday that President Donald Trump is “deadly serious” about imposing tariffs on imports from Mexico, but acknowledged there are no concrete benchmarks being set to assess whether the U.S. ally is stemming the migrant flow enough to satisfy the administration.
Read moreThrowing ice on a policy move widely panned by economists, the Trump administration said Friday it would delay a plan to impose tariffs on imported cars and auto parts.
Read morePresident Trump’s latest tariff hike on Chinese goods took effect Friday and Beijing said it would retaliate, escalating a battle over China’s technology ambitions and other trade tensions.
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