Trump tariffs

Chinese refiners step in and buy Urals crude rejected by India

Refineries in China have increased purchases of Russia’s flagship Urals crude, taking advantage of discounted cargoes that India rejected amid Washington tightening its trade tariffs, Bloomberg reported on Aug. 19.

19 August 2025, 02:31 PM

U.S. tariffs may ease if trade gap narrows, Bessent says

U.S. import tariffs may be gradually reduced if the country successfully addresses its trade imbalance, U.S. Treasury Secretary Scott Bessent has said, Nikkei reported on Aug. 11.

11 August 2025, 11:53 AM

India suspends U.S. arms deals over Trump’s tariffs

India has temporarily halted plans to procure U.S. weapons and aircraft following the imposition of additional tariffs by the administration of President Donald Trump, Reuters reported on Aug. 8, citing Indian officials.

8 August 2025, 06:25 PM

U.S. turns economic screws to push peace talks

U.S. President Donald Trump is using America's economic power to drive results in the negotiating process to end Russia's war against Ukraine, State Department spokesperson Tammy Bruce told Fox News on Aug. 7.

8 August 2025, 08:46 AM

India scales back Russian oil purchases

State-owned Indian refineries will not buy Russian crude during the next purchasing cycle, in apparent reaction to U.S. tariff pressure, Bloomberg reported on Aug. 7.

7 August 2025, 09:37 PM

Trump says Putin made progress, but new U.S. sanctions still set for Aug. 8 deadline

U.S. President Donald Trump’s schedule remains unchanged and the secondary sanctions he had warned about will be imposed on Aug. 8, The New York Times reported on Aug. 6, citing a White House official who spoke on condition of anonymity.

7 August 2025, 02:25 PM

Trump hints at tariffs on China for buying Russian oil

Additional tariffs may be imposed on China over its purchases of Russian oil, U.S. President Donald Trump said at the briefing in the White House on Aug. 6.

7 August 2025, 11:40 AM

Indian refineries await government orders on Russian oil imports after new U.S. tariffs

Indian oil refineries are awaiting government instructions on whether to continue importing Russian oil after the United States imposed an additional 25% tariff on imports from India, Reuters reported on Aug. 6, citing unnamed sources.

7 August 2025, 10:15 AM

Trump to hike Tariffs on India over Russian oil trade

The United States will “substantially” raise tariffs on Indian goods after New Delhi refused to stop purchasing Russian crude oil, U.S. President Donald Trump said on Aug. 4.

4 August 2025, 08:10 PM

‘Thinks he holds the cards’: Beijing rejects Trump’s ultimatum to stop buying oil from Russia and Iran

Washington and Beijing may find common ground on many of their disputes to finalize a trade deal, but one issue remains a major sticking point: the U.S. demand that China halt oil purchases from Russia and Iran. That’s according to a report by the Associated Press published on Aug. 4.

4 August 2025, 02:31 PM

‘A stunning shift in tone’: Trump slams India’s BRICS role, warns of pro-Russia alignment

India has become a primary focus of U.S. President Donald Trump as he seeks leverage over Russian dictator Vladimir Putin to force an end to the war against Ukraine, Bloomberg reported on Aug. 4, analyzing a string of recent sharp remarks by Trump aimed at New Delhi.

4 August 2025, 09:59 AM

U.S. trade war: Oil prices steady as Trump tariffs loom

Oil prices held steady as investors weighed the risk of supply shortages following U.S. President Donald Trump’s push for a swift resolution to the war in Ukraine through new tariffs — even as an unexpected rise in U.S. crude inventories capped gains, Reuters reported on July 31.

31 July 2025, 12:52 PM

Trump’s tariff war: Tech giant Philips cuts forecast losses after U.S.-EU deal

Dutch tech conglomerate Philips said it expects lower losses tied to U.S. tariffs next year, adjusting its projected costs down to €150 million–€200 million. The revision follows fresh trade agreements between the United States and both the European Union and China, Dutch outlet NOS reported on July 29.

30 July 2025, 11:20 AM

Trump says U.S., EU have agreed on trade deal framework

The United States and the European Union have agreed on the outlines of a new trade agreement, President Donald Trump said on July 27 after talks with European Commission President Ursula von der Leyen in Scotland, CNN reported.

28 July 2025, 01:09 PM

EU ready to take action against new U.S. tariffs — von der Leyen

European Commission President Ursula von der Leyen and Dutch Prime Minister Dick Schoof responded to Donald Trump’s plan to impose 30 percent tariffs on European goods starting August 1.

12 July 2025, 09:39 PM

U.S. tariff pause ends July 9 — what’s next for the global economy

The global economy, rattled by Donald Trump’s unpredictable tariff policy, is bracing for a pivotal moment. A 90-day freeze on the president’s so-called “reciprocal” tariffs will expire on July 9, opening the door for a new wave of trade measures that could reshape international commerce, Bloomberg reported on July 6.

7 July 2025, 11:24 AM

Trump’s trade war heats up: EU warns of mirror tariffs on U.S. goods

The European Union is preparing to impose retaliatory tariffs on American goods — including Boeing aircraft — if U.S. President Donald Trump maintains even a baseline 10% tariff on European exports, Bloomberg reported on June 24.

25 June 2025, 01:10 PM

Trump says he will announce new tariffs in two weeks

U.S. President Donald Trump plans to send letters to trade partners within one to two weeks outlining unilateral tariff rates ahead of the July 9 deadline for reimposing higher tariffs on dozens of countries, Bloomberg reported on June 11.

12 June 2025, 01:25 PM

EU to continue trade talks with U.S. beyond Trump’s July 9 deadline

The European Union believes trade talks with the United States may continue beyond the July 9 deadline set by President Donald Trump, despite the recent acceleration of negotiations, Bloomberg reported on June 11, citing sources familiar with the matter.

11 June 2025, 02:45 PM

Canada eyes new pipeline to cut U.S. oil reliance, boost exports

Canadian Prime Minister Mark Carney has proposed building a new oil pipeline to increase crude exports to foreign markets without relying on the United States — a plan tied to multibillion-dollar investments in green technologies aimed at reducing the environmental impact of the sector, Bloomberg reported on June 3.

8 June 2025, 01:48 AM

Trump tariffs

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