Trump's tariff toll: Japanese exports to US slip 2% in April, trade deficit at $115 billion
Wednesday, 21 May 2025 () In April, Japan's exports to the US declined nearly 2% due to higher US tariffs, contributing to Japan's first trade deficit in three months. Overall exports saw a reduced increase, while imports from the US significantly dropped. The stronger yen and US tariffs on key sectors like car exports further strain Japan's economy.
President Trump has launched a full-scale trade war with the European Union, announcing a 50% tariff on EU imports starting June 1, 2025. Trump accused the EU of exploiting the U.S. through unfair trade practices, VAT schemes, and currency policies, blaming them for a $250 billion trade deficit. The...
Donald Trump’s threat to impose a 50% tariff on EU imports could cost Germany up to €200 billion by 2028, a new report warns. The German Economic Institute says the tariffs, if enacted and matched..
Donald Trump’s threat to impose a 50% tariff on EU imports could cost Germany up to €200 billion by 2028, a new report warns. The German Economic Institute says the tariffs, if enacted and matched..
On May 19, the UK and EU signed a pivotal trade deal aimed at slashing post-Brexit barriers in food, drink, and small business exports. UK-EU trade has suffered since Brexit, with UK exports to the EU..
Japan's exports to the U.S. declined nearly 2% in April due to tariff hikes imposed by President Trump, contributing to a trade deficit for the first time in... IndiaTimes
Wednesday, 21 May 2025 ()
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