A recent phone chat between Brazilian President Lula and former US President Trump covered some big topics. Trade and fighting crime were at the top of the list. Lula was happy that Trump had decided to lower some tariffs on Brazilian exports like coffee and beef. He hopes to keep talking about othe
The fashion world is in a tough spot right now. Tariffs on clothes and shoes have shot up, making things really hard for businesses. At first, they were around 13%, but then they jumped to 54% in April 2025. Even though they dropped a bit later, they're still much higher than usual, sitting at 36% f
A storm is brewing in the world of Italian pasta, and it's not just about the al dente perfection. The Trump administration has recently imposed heavy tariffs on Italian pasta imports, causing a stir among pasta makers and consumers alike. The combined duties, totaling a whopping 107 percent, have l
The Senate recently made a strong statement against President Trump's global tariffs. This was the third time in one week that the Senate opposed the president's trade policies. The vote was tight, with 51 senators voting to block the tariffs and 47 against. Some Republicans, including Mitch McConne
During a recent meeting in South Korea, U. S. President Donald Trump and Chinese President Xi Jinping made some big decisions. One of the key points was about fentanyl, a dangerous drug. The U. S. will now charge a lower tax, or tariff, on Chinese goods linked to fentanyl. It went from 20% to 10%. T
France is making a big move. They want to charge tech giants more money. Lawmakers just voted to increase the tax on companies like Amazon, Google, and Facebook. This tax could go from 3% to 6%. It's part of their plan for the budget in 2026. This isn't just about money. It's about power. Big tech
The U. S. Ambassador to India, Sergio Gor, recently met with Prime Minister Narendra Modi. They talked about important things like trade, defense, and technology. They also discussed how both countries need certain minerals that are really important. Gor mentioned that President Trump thinks highly
Mexico is making some big changes to its trade rules. The country's leader, Claudia Sheinbaum, said they're not trying to start a fight with other countries, even though they're raising taxes on imports. This includes a big increase on cars from China, up to 50%. The new rules affect a lot of goods,
President Trump's latest move has stirred the global trade pot. He announced a 19% tax on goods coming into the US from the Philippines. This came after a chat with the Philippines' leader at the White House. Trump shared the news on social media, calling it a "beautiful visit" and a "Trade Deal. "
The Port of Los Angeles experienced its busiest June ever, with 892, 000 container units processed. This is an 8% increase from the previous year. This sudden surge in shipping volume is a direct result of businesses trying to avoid upcoming tariffs. The port's executive director, Gene Seroka, belie
