TRADE RELATIONS

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Apr 06 2025POLITICS

The Legal Battle Over Trump's Global Tariffs

In April 2025, a significant legal challenge emerged, targeting the sweeping tariffs imposed by the Trump administration. These tariffs, affecting imports from numerous countries, were justified under the International Emergency Economic Powers Act. This law has never been used for such a purpose be

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Apr 06 2025POLITICS

Vietnam's Bold Move: Tariff Talks with the US

Vietnam is pushing back against the US's recent tariff hikes. This move is a test of how flexible the US is willing to be with its trade policies. The nation's economy has been thriving, thanks to a surge in manufacturing and exports. This boom is partly due to companies shifting their supply chains

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Apr 04 2025BUSINESS

Lesotho's Unexpected Trade Showdown

In the heart of southern Africa lies Lesotho, a small nation known for its stunning landscapes and textile industry. Lesotho's economy relies heavily on textile manufacturing, with a whopping 75% of its output heading to the United States. This trade dynamic is about to shift dramatically. The U. S.

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Apr 04 2025POLITICS

California's Bold Move: Navigating Global Trade Turbulence

The Golden State is making waves in the global trade scene. Governor Gavin Newsom has announced that California will try to keep its trade flowing smoothly, despite the new tariffs imposed by President Trump. This move comes as a response to the recent tariff increases that have shaken up financial

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Apr 04 2025POLITICS

Nations Scramble to Avoid Trump's Trade Tariffs

The US has set a deadline for countries to make trade deals before new tariffs hit. The US has given countries a short time to make deals before new tariffs start. The US president has said that countries can avoid higher tariffs if they make changes to their trade rules. This has caused a rush

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Apr 01 2025POLITICS

Trade Turmoil: What's Next for America's Trade Wars?

The world is watching as the United States gears up for a significant shift in trade policy. The buzzword is "Liberation Day, " set for April 2, when the U. S. plans to unveil a new set of tariffs. These tariffs are designed to match the duties that other countries impose on U. S. products, a move a

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Mar 29 2025POLITICS

Tariffs Tensions: Canada and the US Face Off

Canada and the United States are in a tense standoff over tariffs. The situation could get worse if both countries follow through on their threats. The conflict started when the US president announced new tariffs on cars and parts. This move upset Canada, which has enjoyed free trade with the US for

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Mar 27 2025BUSINESS

Auto Industry Braces for Major Shift

The auto industry is facing a significant change. A new policy has been introduced that will affect how cars and parts are traded. This policy will impose a 25% tax on all cars and parts that are not made in the United States. This tax will start on April 3, 2024, at midnight. The goal is to boost t

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Mar 25 2025BUSINESS

Hyundai's Big Bet on America: Jobs, Steel, and Tech

Hyundai is making a huge move in the United States. The South Korean company is planning to invest a massive 21 billion dollars in the US. This is a big deal, and it's not just about building cars. Hyundai is looking to create jobs, boost production, and dive into some cutting-edge technology. Fir

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Mar 12 2025POLITICS

Steel and Aluminum Tariffs: A Double-Edged Sword for America

The United States is set to impose hefty tariffs on steel and aluminum imports. This move, led by the president, aims to protect domestic metal producers. The tariffs, set at 25% for steel and aluminum, could significantly impact American companies that rely on these metals. Automakers, construction

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