trade wars

Trump fumes at Putin, threatens 50% oil tariffs over Ukraine stalemate

U.S. President Donald Trump’s sharp new criticism of Russian dictator Vladimir Putin reflects his increasing frustration over the lack of progress on a ceasefire in Ukraine, Reuters reported on March 31.

31 March 2025, 05:10 PM

CFOs brace for 2025 recession under Trump

A majority of chief financial officers at major U.S. companies expect a recession in the second half of 2025, CNBC reported on March 25, citing survey data showing 60% foresee a downturn next year and another 15% in 2026.

26 March 2025, 02:36 PM

Beijing strikes back as bismuth prices skyrocket after Trump’s trade tariffs

The price of bismuth, a niche metal used in various industries from paints to defense, has surged since early February when Beijing imposed export restrictions in response to trade measures by US President Donald Trump, Bloomberg reported on March 22.

23 March 2025, 12:15 AM

$9.5 trillion at stake in US-Europe trade clash

The escalating trade conflict between the United States and Europe puts roughly $9.5 trillion in yearly commercial relationships at risk, encompassing both bilateral trade and investments, news agency Interfax-Ukraine reported on March 18, citing the American Chamber of Commerce to the EU (AmCham EU), which represents U.S. firms operating in Europe.

18 March 2025, 02:03 PM

Only China wins in US-Europe trade war, says EU's top EU diplomat

A burgeoning trade war sparked by U.S. President Donald Trump’s tariff policies would leave no winners — except China, European Union’s top diplomat Kaja Kallas told Bloomberg on March 12.

14 March 2025, 01:45 PM

EU sets $28 billion countermeasures against US over Trump’s metal duties

The European Commission rolled out retaliatory measures targeting $26 billion in American goods on March 12, countering President Donald Trump’s newly imposed tariffs on steel and aluminum imports from the European Union, according to an official statement on its website.

12 March 2025, 01:14 PM

Trump’s tariff delay shields US car industry, Ukrainian MP says

President Donald Trump did not delay tariffs on Mexico and Canada out of goodwill but to safeguard U.S. interests, Ukrainian MP Yaroslav Zheleznyak said on Telegram on March 6.

7 March 2025, 11:14 AM

EU prepared for US tariffs, but Scholz hopes for dialogue to avoid trade war

The European Union is strong enough to respond to any trade restrictions imposed by the new U.S. administration under President Donald Trump, German Chancellor Olaf Scholz told Bloomberg on Feb. 15, but he still hopes a trade war can be avoided.

17 February 2025, 12:36 PM

Estonian president calls for complete EU trade ban on Russia

The President of Estonia, Alar Karis, has called for a full trade embargo against Russia by the European Union, in his post on X on Feb. 9.

10 February 2025, 08:06 AM

Ukrainian cement exports to Poland account for less than 4% of Polish production

Ukrainian cement exports to Poland account for less than 4% of Poland's production, indicating no need for a trade war, the Association of Cement Producers in Ukraine (Ukrcement) stated on Dec. 11, according to news agency Interfax-Ukraine.

11 December 2024, 03:57 PM

China-West trade war to hit Ukraine’s defense capabilities

Chinese manufacturers began reducing sales of key drone components to the United States and Europe amid an escalating trade conflict, Bloomberg reported on Dec. 9.

10 December 2024, 10:11 AM

Botswana and Angola reshape diamond market to sideline Russia

Botswana and Angola have aligned with the G7's initiative to eliminate Russia's presence in the global diamond market, marking a significant step in enforcing sanctions introduced after the war outbreak, Politico reported on Dec. 2.

4 December 2024, 03:18 PM

China asks EU to refrain from sanctions on firms collaborating with Russia

China has urged the European Union not to impose sanctions on companies suspected of aiding Russia in the production of drones used in the war against Ukraine, Chinese Foreign Ministry spokesperson Mao Ning has said, Ukrinform reported on Nov. 26.

26 November 2024, 06:55 PM

trade wars

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