U.S. trade war

India denies Trump’s claim it stopped importing Russian oil and gas

India has not confirmed U.S. President Donald Trump’s statement that New Delhi has stopped importing Russian oil and gas, Hindustan Times reported on Oct. 16.

16 October 2025, 12:44 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

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

EU suspends U.S. tariff countermeasures for six months

The European Union will pause two packages of countermeasures in response to U.S. tariffs for six months after reaching an agreement with U.S. President Donald Trump, a European Commission spokesperson said on Aug. 4, according to Reuters.

5 August 2025, 11:50 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

‘German economy will suffer’: Merz delivers mixed response to U.S.-EU trade deal

German Chancellor Friedrich Merz has warned that new U.S. tariffs on European Union goods will deal a major blow to Germany’s export-driven economy, even as he acknowledged that a better outcome was likely out of reach, Deutsche Welle reported on July 29.

29 July 2025, 02:22 PM

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

Trump sets new tariffs on six countries for August

U.S. President Donald Trump announced the imposition of new blanket import tariffs starting Aug. 1 on goods from six additional countries—Brunei, the Philippines, Iraq, Algeria, Moldova, and Libya, according to The Guardian.

10 July 2025, 02:35 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

White House dismisses polls showing sharp decline in Trump’s economic approval

U.S. President Donald Trump’s administration, nearing his 100th day in office, is brushing off a wave of weak economic indicators following the imposition of tariffs and insists the economy remains strong, Politico reported on April 28.

28 April 2025, 10:34 AM

China quietly lifts tariffs on U.S. semiconductors

China lifted its 125% tariffs on certain U.S.-made semiconductors without an official announcement, CNN reported on April 24, citing import agencies that discovered the change during customs clearance.

25 April 2025, 01:19 PM

Von der Leyen: The ‘greater West’ is gone — only Europe remains

The “greater West” no longer exists, European Commission President Ursula von der Leyen said in an interview cited by The Times on April 10, blaming the shift on the political course set by U.S. President Donald Trump.

17 April 2025, 06:26 PM

Trump’s tariffs will hit U.S. economy — Fed chair

U.S. President Donald Trump’s trade policy is likely to undermine the Federal Reserve’s efforts to keep inflation and unemployment in check, Fed Chair Jerome Powell told the Financial Times on April 16.

17 April 2025, 03:20 PM

Xi urges ‘Asian family’ unity amid Trump’s trade pressure

During a trip to Southeast Asia, Chinese leader Xi Jinping promoted the idea of an “Asian family” and called for regional unity in a bid to counter growing pressure from the United States, Bloomberg reported on April 17.

17 April 2025, 11:45 AM

Moscow’s oil cash dries up as exports plunge to lowest since 2023

Russia's oil export revenues have reached the lowest level since mid-2023 with exports sliding for the third straight week and prices falling amid the U.S. trade war with China, Bloomberg reported on April 15.

16 April 2025, 09:18 AM

U.S. trade war