Adie Bush | Connect Images | Getty Images Shares of Hanwha Ocean surged as much as 16.06% on Thursday to their highest levels since July 2015, following U.S. President Donald Trump’s announcement of a blanket 15% tariff on Seoul’s exports to the U.S. According to Reuters, Kim Dong-kwan, the vice chairman of the Hanwha Group,…
A top South African diplomat said on Tuesday that US demands on domestic affirmative action policies were complicating efforts to secure a trade deal, days before a 30% tariff on South African exports to the US takes effect. South Africa has tried for months to persuade US President Donald Trump’s administration to lower the tariff…
Traders work on the floor of the New York Stock Exchange (NYSE) on July 28, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Stock markets in the U.S. and Europe didn’t seem that delighted with the U.S.-European Union trade deal reached over the weekend. The S&P 500 ticked up, but…
The new trade agreement between the U.S. and the European Union will lift tariffs on imports of goods from EU countries to their highest level in decades and hurt the trading bloc’s economic growth, according to some experts. “It is an asymmetric and unbalanced deal,” economists with investment bank Société Générale said in a…
President Trump is meeting on Monday with U.K. Prime Minister Keir Starmer during the U.S. leader’s visit to Scotland. While ostensibly a private trip, marked by multiple rounds of golf on his own luxury courses, Mr. Trump has also done some business — including nailing down a long-sought-after U.S.-European Union trade agreement. After meeting for…
U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen, after the announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, on July 27, 2025. Evelyn Hockstein | Reuters President Donald Trump announced Sunday that the U.S. reached a trade deal with the European Union, following pivotal…
IE 11 is not supported. For an optimal experience visit our site on another browser. UP NEXT Sen. Graham says there will be a ‘change in strategy’ in Gaza ‘to destroy Hamas’ 02:34 Speaker Johnson says a Ghislaine Maxwell pardon would give him ‘great pause’ 03:07 Inside the Politics Around Stephen Colbert’s Cancellation 04:50 Rep….
U.S. President Donald Trump and British Prime Minister Keir Starmer react after picking up the trade agreement with the U.K. papers that Trump dropped as they speak to the media during the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Kevin Lamarque | Reuters President Donald Trump‘s sweeping tariff powers and recent trade deals…
Five people have been killed in overnight strikes in Russia and Ukraine, as the two sides continue to trade drone attacks. Ukrainian officials said on Saturday that more than 200 drones and almost 30 missiles were fired by Russia, with most targeting Dnipropetrovsk where three people died. In Russia, Rostov’s actor governor said two people…
The share of bilateral exports between Africa and the Caribbean, despite extensive shared history, has never surpassed 6%, according to an ITC and African Export-Import Bank (Afreximbank) study, leaving much room for growth of up to $2.1 billion within the next 5 years according to new studies. Key to this growth is adding value in…
