Thursday, May 21, 2026
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Tag: tariffs

Seismic trade shift: Trump’s global tariff takes effect

US President Donald Trump’s widest-ranging tariffs to date took effect Saturday, in a move which could trigger retaliation and escalating trade tensions that could...

Trump’s sweeping global tariffs sparks trade war, recession fears

Washington—US President Donald Trump ignited a potentially ruinous global trade war Wednesday as he slapped 10 percent tariffs on imports from around the world...

PH stocks plunge amid Trump’s tariffs

The Philippine Stock Exchange index plunged Thursday by more than 1.6 percent, or 101.95 points, to close at 6,145.73, as the reciprocal tariffs announced...

Trump sparks trade war with sweeping global tariffs

Washington, United States—US President Donald Trump ignited a potentially ruinous global trade war Wednesday as he slapped 10 percent tariffs on imports from around the...

‘Tariff man’: Trump’s long history with trade wars

“Trump’s promises of a ‘Golden Age’ harkens back to the so-called ‘Gilded Age’ that culminated with McKinley’s presidency” WASHINGTON, DC – Donald Trump loves few...

Trump says US tariffs to hit ‘all countries’

Washington, United States—President Donald Trump said Sunday the tariffs he plans to impose in the coming days would include "all countries," not just those with...

China, SoKor, Japan agree to strengthen free trade

SEOUL – China, South Korea and Japan agreed Sunday to strengthen free trade, according to a joint statement from their top officials meeting in...

Trump raises 25% steep tariffs on auto imports

WASHINGTON, DC – US President Donald Trump has announced steep tariffs on auto imports and parts, provoking threats of retaliation from trading partners ahead...

Vietnam to cut import duties on Trump worries

HANOI—Vietnam said it plans to cut import duties on a range of goods including cars, liquefied gas and some agricultural products, as concerns escalate...

Trump backs off Mexico, Canada tariffs after market blowback

WASHINGTON, DC – US President Donald Trump on Thursday (Friday in Manila) delayed some tariffs targeting Canada and Mexico, leading Ottawa to halt an...

China vows to fight trade war against US

BEIJING—China vowed to fight a trade war with the United States “to the end” on Thursday, as tariffs from Washington buffeted the global economy...

Trump gives 1-month reprieve for autos

WASHINGTON, DC – Automakers received temporary reprieve Wednesday (Thursday Manila time) from US President Donald Trump’s tariffs targeting Canada and Mexico, as concerns mounted...

Dollar hits 4-month low amid trade war fears

The US dollar hit a four-month low Wednesday morning following a warning from US President Donald Trump that his decision to impose new 25...

Trump’s tariff hike won’t hurt, may even benefit PH

Finance Secretary Ralph Recto expects the Philippines to be among those “least affected” by US President Donald Trump’s higher tariff policy because “our economy...
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