# tariffs
Latest news and articles about tariffs
Total: 26 articles found
Volkswagen Cuts One-Third of Executives and Reorganises Factories as China EV Shock Hurts Profits
Volkswagen is cutting a third of executives in its core brand cluster and consolidating factories into five production regions as part of a drive to save €1 billion by 2030. The measures respond to a sharp sales slowdown in China, steep declines in local EV volumes and tariff pressures in North America that have eroded profits and forced tougher restructuring.
Trump Declares 'National Emergency' to Threaten Tariffs on Cuba Suppliers and Canadian Planes
President Trump declared a national emergency and threatened tariffs on countries supplying oil to Cuba while also escalating a trade dispute with Canada by threatening to suspend aircraft certifications and impose a 50% duty on Canadian-made planes. The moves mix emergency powers and trade coercion, risking legal challenges, strained allied relations and disruption to aerospace supply chains, while pushing investors toward safe-haven assets.
Trump Raises Tariffs on South Korean Imports as U.S. Markets Digest Tech Wins and Intel Weakness
President Trump announced an increase in U.S. tariffs on South Korean autos, timber and pharmaceuticals from 15% to 25%, blaming Seoul for not ratifying a bilateral trade deal. U.S. markets closed higher as investors focused on upcoming tech earnings and Microsoft’s launch of a new AI chip, while Intel slumped on weak guidance.
Trump Slaps 25% Tariffs on South Korea as Markets Rally and Microsoft Unveils New AI Chip
President Trump announced a unilateral increase in tariffs on South Korean cars, lumber and pharmaceuticals from 15% to 25%, citing Seoul’s failure to ratify a bilateral trade deal, while U.S. markets rose as investors focused on tech earnings and Microsoft’s unveiling of its Maia 200 AI chip. The tariff move risks straining a strategic alliance and creating supply‑chain uncertainty even as competition among cloud providers intensifies over in‑house AI hardware.
Gold Rally, Debt Delusion: Why Washington Isn’t 'Using Gold' to Pay Down US Debt
A viral claim that the US is inflating gold prices to convert bullion into cash to pay down national debt is misleading. US debt management relies on rollovers, tax revenues, Fed liquidity and the dollar's reserve status, while gold holdings serve as strategic backing for the currency rather than a ready source of debt repayment.
Trump’s 100% Tariff Threat Puts Canada Between Washington and Beijing
A tentative Canada–China trade deal to cut tariffs on Chinese electric vehicles in exchange for restored canola access has prompted President Trump to threaten a 100% U.S. tariff on all Canadian imports. The standoff exposes Canada’s vulnerability to U.S. leverage, China’s growing ambition in the EV market, and the broader strategic contest over trade in North America.
Tariff Brinkmanship: U.S. Threat of 100% Duties Pushes Canada to ‘Buy Domestic’
President Trump threatened 100% tariffs on Canadian goods if Ottawa strikes unspecified deals with other countries, prompting Canada’s prime minister—named in Chinese reports as "Kani"—to urge citizens to buy domestic and accelerate trade diversification. The exchange highlights mounting bilateral tensions, tangible economic vulnerabilities in energy and manufacturing supply chains, and Ottawa’s push to reduce reliance on the U.S. market.
Trump Says NATO Has Agreed Arctic Framework on Greenland, Pauses Feb. 1 Tariffs
President Trump said he and NATO Secretary‑General Mark Rutte agreed on a framework for Arctic cooperation focused on Greenland and has paused tariffs due February 1. NATO confirmed productive discussions on Arctic security, but concrete details and buy‑in from Denmark and Greenland remain unclear.
Trump Suspends Europe Tariffs After Announcing a ‘Framework’ Deal on Greenland With NATO Link
President Trump announced he will not impose planned tariffs on eight European NATO members after saying he and allied officials reached a ‘‘framework’’ agreement on Greenland. The framework, which remains vague, could involve US mineral rights and participation in a US missile-defence project while negotiators from the administration engage with NATO and allied counterparts.
Trump Declares Greenland Bid 'Irreversible' as Europe Mobilises Against U.S. Pressure
President Trump declared the U.S. pursuit of Greenland "irreversible," refusing to rule out force and threatening tariffs on European countries that oppose the acquisition. The remarks provoked swift condemnation from European leaders, prompted an EU emergency summit and raised questions about NATO cohesion, Arctic security, and the use of economic coercion in foreign policy.
Gold Rally Sends Chinese Jewelry Prices Above 1,500 yuan as Central Banks Accumulate Reserves
Spot gold has surged in recent sessions, pushing retail gold jewelry prices in China above 1,500 yuan per gram and prompting central-bank accumulation such as Poland’s approved plan to buy up to 150 tonnes. Analysts attribute the rally to renewed trade tensions, questions about Fed independence, reserve diversification by institutional investors, and shifting monetary expectations.
A Transatlantic Test: Greenland, Tariffs and the Strain on NATO’s Foundations
A US threat linking tariffs and territorial demands over Greenland has ignited a transatlantic dispute that tests NATO’s foundational premise: that allies do not coerce one another with force. European states have protested, sent symbolic military contingents to Greenland and accelerated talks about strategic autonomy, raising the prospect that NATO’s character could shift from mutual defence to a more transactional arrangement.