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Search Result for “levy”

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GENERAL

Trump shocks markets by touting US-Steel-Nippon deal

Published on 24/05/2025

» US President Donald Trump has announced a partnership between United States Steel Corp and Nippon Steel Corp of Japan, shocking markets with an agreement the he said would keep the once-iconic American firm in the US but otherwise providing no specifics.

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GENERAL

Trump makes new tariff threats against EU, Apple

Published on 23/05/2025

» US President Donald Trump has threatened a sweeping 50% tariff on the European Union and a 25% levy on Apple Inc if the company fails to move its iPhone manufacturing to the US, reigniting investor fears about his trade agenda.

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GENERAL

US tariff clock ticking for dozens of countries

Published on 23/05/2025

» Halfway through US President Donald Trump’s 90-day freeze on his so-called reciprocal tariffs, a persistent gripe from businesses, consumers and governments facing them is severe uncertainty. The next 45 days may not provide much relief from the fog.

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GENERAL

China, Asean complete negotiations on upgraded free trade deal

Reuters, Published on 21/05/2025

» HONG KONG — China and the Association of Southeast Asian Nations (Asean) have completed negotiations to further refine their free trade area to include the digital and green economy and other new industries, China's commerce ministry said on Wednesday.

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WORLD

EU plans two-euro flat fee on small parcels from outside bloc

AFP, Published on 21/05/2025

» BRUSSELS (BELGIUM) - The EU said Tuesday that it was preparing to impose a two-euro ($2.25) flat fee on the billions of low-value packages that flood into the bloc each year, the great majority from China.

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GENERAL

Index dips to lowest level since October 2024

Business, Lamonphet Apisitniran, Published on 20/05/2025

» The Thai Industries Sentiment Index (TISI) fell to 89.9 points in April, the lowest level since October 2024, due to a raft of factors ranging from US President Donald Trump's tariff policy to the Songkran holiday, said the Federation of Thai Industries (FTI).

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GENERAL

Trump tariffs force EU to cut 2025 eurozone growth forecast

AFP, Published on 19/05/2025

» BRUSSELS (BELGIUM) - The EU on Monday sharply cut its eurozone economic growth forecast for 2025 because of global trade tensions sparked by US President Donald Trump's sweeping tariffs.

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LIFE

Croatia's Game of Thrones filming sites face threat from Trump tariffs

Reuters, Published on 16/05/2025

» DUBROVNIK — The fortresses and cobbled streets of the ancient Croatian town of Dubrovnik are often crowded with tourists eager to visit the locations from the Game of Thrones television series or the Star Wars: The Last Jedi film.

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GENERAL

China, US to lift sweeping tariffs in trade war climbdown

AFP, Published on 14/05/2025

» BEIJING — The United States and China will lift sweeping tariffs on each others' goods for 90 days on Wednesday, after a temporary ceasefire in a brutal trade war that roiled global markets and international supply chains.

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GENERAL

Stocks, dollar surge as US and China agree 90-day tariff relief

Published on 12/05/2025

» LONDON - Wall Street stock futures surged, the dollar rallied and gold prices slumped on Monday as the US and China agreed to temporarily slash the harsh tariffs imposed on each other and work together to limit economically damaging trade spats.