China has reduced car exports to Russia by almost 50% due to Russians' expectations of the return of foreign brands. Now the main export destinations are Mexico and the UAE.
Asian countries are responding to US tariffs, protecting their financial interests. Japan is negotiating, South Korea is providing support to automakers, India is cutting rates.
China will increase additional tariffs on American imports from 34% to 84% from April 10. This is a response to new US restrictions, which provide for tariffs of 104% on Chinese imports.
Political scientist Yevhen Filindash notes that the USA has a large trade balance and federal budget deficit. Trump is trying to reduce the deficit at the expense of other countries through new industrialization.
The US is strengthening cooperation with Panama to protect the canal from threats from China. China has criticized the US statements, accusing them of hegemonism and seeking to control the canal.
The European Union calls on the United States to coordinate plans to reduce troops in Europe in order not to weaken NATO's defense. The decision to withdraw troops could undermine efforts to deter Russian aggression.
The European Union plans to reduce gas procurement targets, ignoring US demands for $350 billion in imports. This decision was made against the backdrop of economic problems and Trump's tariffs.
China has vowed to take measures to protect its rights and interests after the US imposed a 104% duty. Beijing is ready to fight to the end if the US insists on its pressure.
The US State Department has expressed concern about captured Chinese citizens who fought on the side of the Russian Federation. China supplies Russia with 80% of dual-use goods needed for the war.
Oil prices fell to their lowest level since February 2021 due to concerns about demand amid the US-China trade war. An oil surplus is expected in the market due to increased OPEC+ production.
Apple Inc. shares fell to their lowest level since May 2024 due to concerns about US and Chinese tariffs. Apple's market capitalization fell to $2.59 trillion.
The introduction of US duties against the EU and China is an invitation to negotiations. Possible EU duties against the US will be a lever of pressure, not real intentions.
Donald Trump has introduced super-high import duties for a number of countries. According to him, world leaders are ready for anything to conclude trade agreements with the United States.
US President Donald Trump announced his intention to cut spending in the United States by $1 trillion. He will insist on massive spending cuts.
Donald Trump has announced the introduction of tariffs on the import of pharmaceutical products into the United States. This should encourage pharmaceutical companies to move production to the country.
New trade restrictions with ultra-high duties of 104% on Chinese imports have entered into force in the US. Financial markets have reacted with a fall in indices and currencies in Asia.
Trump administration restores AP accreditation after court ruling. The conflict was caused by the agency's refusal to use the new name of the Gulf of Mexico, imposed by the president.
The Canadian government will introduce a 25% tariff on American cars that do not meet USMCA requirements. Ottawa will also stimulate domestic production and attract investment in the automotive industry.
Donald Trump has signed a law that eases restrictions in the extractive industries and supports the coal industry. Environmentalists are concerned about the increase in emissions of harmful gases.
Elon Musk again criticized White House adviser Peter Navarro, calling him ignorant for statements about Tesla's production. The White House allowed "sparring", acknowledging different views.
Almost 70 countries have approached the United States regarding negotiations on new tariffs introduced by Trump. The White House stated that Trump will make deals if they are beneficial to American workers.
The White House stated that additional duties of 104% against China have entered into force. This happened because Beijing did not cancel its retaliatory measures, as the US demanded.
Elon Musk's department uses AI to identify employees who criticize Trump. The DOGE team monitors federal agencies and uses the Grok chatbot.
Iran is considering direct talks with the US in exchange for easing sanctions or unfreezing some assets. Iranian authorities expect concrete steps from the US.
Forbes estimated that after the introduction of tariffs, Trump's wealth decreased by $500 million, reaching $4. 2 billion. Trump Media and commercial real estate suffered the biggest losses.
Warren Buffett increased his fortune by $11. 5 billion this year, while other billionaires suffered losses due to Trump's customs rally. Berkshire Hathaway Inc. fell less than the S&P 500.
Used Tesla prices in the US fell by 7% year-on-year in March, while in the UK the drop was 15%. The decline comes amid suspicions of damage to the brand due to Trump's actions.
The Trump administration is planning a large-scale military parade in Washington on June 14. The event is timed to coincide with the president's 79th birthday and the 250th anniversary of the U.S. Army.
Minister Sybiha called on the OSCE to increase pressure on Russia over the murder of nine children in Kryvyi Rih. He emphasized the need to strengthen Ukraine's protection to stop Russian terror.
Ursula von der Leyen called on China to help Ukraine and mitigate the consequences of the customs war initiated by the United States. Support for a reformed trading system was also discussed.