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Reciprocal tariff regime
Drone shot down in DPRK Fresh reports of drone incursions in DPRK raise stakes on the Korean peninsula

The Lee government’s gestures towards peace with the north were further undermined by the discovery of new drone incursions into the DPRK.

President Donald Trump and Prime Minister of India Narendra Modi India trades in Russian oil for 7% reduction in US tariffs

The Indian opposition, including the left parties, say the deal surrenders to US dictates as it demands zero barriers on US exports to India, including its agricultural products, threatening millions’ livelihoods.

China Shipping line China rejects Trump’s latest tariff threats

US President Donald Trump announced a fresh set of trade threats against China in response to China’s move to limit the export of rare earth minerals

Tariff Pressure Under Trump: A New Economic Colonialism Tariff pressure under Trump: a new economic colonialism

Through the blatant imposition of “unequal treaties”, Trump is flexing his muscles, bringing trade partners to their knees – though at great cost to the US reputation.

Brazil seeks dialogue, but Trump administration “does not want to talk” to negotiate tariffs, says Lula (1) Brazil seeks dialogue, but Trump administration “does not want to talk” to negotiate tariffs, says Lula

According to Brazil’s president, his administration has made at least 10 attempts to meet with US officials, with no response.

Fentanyl is a US problem, they must deal with it instead of threatening others with tariffs, says China Fentanyl is a US problem, they must deal with it instead of threatening others with tariffs, says China

As per the white paper issued by the Chinese in March, the country has already initiated large-scale efforts to stop the trade of fentanyl and even offered more support.

Brazilian President Lula da Silva Lula to Trump: If you charge us 50%, we’ll charge you 50%. Brazil must be respected!

The diplomatic row devolved into a potential trade crisis when Trump threatened Brazil with higher tariffs on Brazilian products if it did not cease the alleged persecution of the ultra-right former president Jair Bolsonaro.

Indian farmers reject proposed trade deals with US, UK, and European Union Indian farmers reject proposed trade deals with West and prepare for July 9 national strike

Major farmer’s groups have announced they will participate in the upcoming July 9 national strike call made by the central trade unions against the government’s anti-worker policies.

US China trade talks China and US agree to cut tariffs imposed in April

The agreement was an acknowledgment of the significance of their trade for mutual economic development and the health of the global economy, the joint statement says.

“We should not negotiate with a begging bowl”: South Africa’s auto-industry leader on Trump’s tariff war

While Trump’s 25% tariffs on auto imports will likely have a considerable impact on South Africa’s export-oriented auto-industry, it nevertheless has much scope to diversify and reorganize production for local markets.

IMF briefing La turbulencia en la economía mundial

El FMI ha pronosticado “incertidumbre” en la economía global, especialmente a raíz de la guerra arancelaria de Trump, pero parece ignorar las vías hacia la estabilidad y el crecimiento que se observan en el Oriente.

“If international trade reverts to the ‘law of jungle,’” all will be victims, China warns

Trump is reportedly putting pressure on countries seeking bilateral agreements to avoid high tariffs, to cut down their trade with China