President Trump has indicted South Korea with a plan to impose 25% tariffs, citing legislative breakdown that has prevented trade agreement implementation. The indictment places responsibility on the Korean parliament for what Trump characterizes as failure to honor negotiated commitments. The plan affects automobiles, pharmaceuticals, lumber, and other products representing billions in trade.
The October 2024 framework included tariff reductions from 25% to 15% on...
European lawmakers have formally halted the US trade agreement ratification process, challenging President Trump's attempt to link tariff policy with his territorial ambitions for Greenland. The suspension represents Brussels' most concrete material action against what European leaders have described as political blackmail.
Bernd Lange, head of the European Parliament's trade committee, established clear terms for resuming negotiations, stating that Greenland-related threats must cease entirely before...
Venezuela's social programs addressing poverty, healthcare, and education collapsed during economic crisis with potential revival dependent on revenues from Venezuela supplying oil to the...
President Trump's proclamation that American oil companies will spend billions rebuilding Venezuela's energy infrastructure has produced remarkably muted reactions from industry leaders. Despite Trump's...
The crude industry has experienced its steepest annual price decline since COVID-19 disrupted markets, with values dropping approximately 20% during 2025. This marks an...
China has implemented extensive sanctions targeting America's defense industrial base following President Trump's authorization of an unprecedented arms sale to Taiwan. The measures affect...
China has implemented extensive sanctions targeting America's defense industrial base following President Trump's authorization of an unprecedented arms sale to Taiwan. The measures affect...
Beijing has announced provisional anti-subsidy tariffs of 21.9% to 42.7% on European Union dairy products starting Tuesday. The measures proceed despite China's ministry of...
Future UK-EU regulatory divergence on environmental and trade matters may create additional documentation layers beyond current carbon border requirements. British manufacturers preparing for immediate...
An OpenAI partnership is demonstrating Disney's innovation leadership through a $1 billion investment and first-mover AI adoption. The three-year licensing deal grants Sora character...
