By Esther Ososanya U.S. President Donald Trump on Tuesday said his administration will impose a 50% tariff on imported copper and soon roll out long-threatened duties on semiconductors and pharmaceuticals — a sweeping expansion of his global trade war that has rattled financial markets and U.S. allies. The announcement, made during a White House …
By Esther Ososanya U.S. President Donald J. Trump has signed a sweeping executive order extending the deadline for his proposed reciprocal tariff regime to August 1, 2025, giving over a dozen nations a narrow window to renegotiate trade deals or face tariffs ranging from 25% to 40% on select goods entering the U.S. The executive …
By Esther Ososanya With just hours to go before the July 9 deadline for sweeping tariff hikes, the United States has signalled that several trade announcements are imminent, sending global markets and foreign governments into a frenzy. U.S. Treasury Secretary Scott Bessent said on Monday that countries around the world have rushed in last-minute offers …
