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tariffs in the second trump administration

Trump orders new pharma tariff, reshapes metal duties

Trump orders new pharma tariff, reshapes metal duties

US President Donald Trump on Thursday ordered new tariffs on certain medicines, alongside an overhaul of metal duties, doubling down on his trade agenda a year after unleashing trade wars on virtually all partners. The latest pair of orders he signed pile pressure on pharmaceutical companies to manufacture more in

US trade deficit widens less than forecast as tariff turmoil persists

US trade deficit widens less than forecast as tariff turmoil persists

The US trade deficit widened in February but less than analysts expected, government data showed Thursday, a year since President Donald Trump unleashed sweeping tariffs on virtually all trading partners. One year on, turmoil over Trump's tariff agenda looks set to continue roiling trade flows in the world&

US trade deficit widens less than forecast as tariff turmoil persists

US trade deficit widens less than forecast as tariff turmoil persists

The US trade deficit widened in February but less than analysts expected, government data showed Thursday, a year since President Donald Trump unleashed sweeping tariffs on virtually all trading partners. The overall gap expanded 4.9 percent to $57.3 billion as both imports and exports climbed, said the Commerce

Germany growth forecasts slashed as Mideast war hits economy

Germany growth forecasts slashed as Mideast war hits economy

Leading economic institutes more than halved their growth forecast for Germany on Wednesday, warning that the energy shock caused by the Middle East war would hit Europe's top economy hard. A group of leading institutes slashed their joint GDP growth forecast for 2026 to 0.6 percent, down

Cubans ready for Russian oil but some say not enough

Cubans ready for Russian oil but some say not enough

Cubans on Monday cautiously welcomed the imminent arrival of a Russian oil shipment, with some warning it would do little to ease an energy crisis after US President Donald Trump granted a reprieve from his oil blockade. The Anatoly Kolodkin, a tanker under US sanctions carrying 730,000 barrels of

Groups ask trade court to pause Trump's new tariffs amid legal fight

(The Center Square) – Several groups joined together to ask a Manhattan trade court to pause President Donald Trump's latest wave of tariffs as states and small businesses move ahead with legal challenges. A coalition of advocacy groups is urging the U.S. Court of International Trade to halt

US flexes 'new order' trade policy as WTO meet kicks off

US flexes 'new order' trade policy as WTO meet kicks off

US trade policy is a "corrective response" to the unbalanced rules of the World Trade Organization, US Trade Representative Jamieson Greer said as the WTO's ministerial conference opened Thursday. The status quo "has become economically unworkable and politically unacceptable", Greer said in a video