international trade

Britain’s Chief Secretar...

In the annals of baffling financial decisions, Donald Trump’s latest policy move may one day rival the most infamous. Historians may yet look past his double presidential victories and instead focus on a unique achievement: managing to bankrupt multiple casinos in the 1990s. A feat so improbable, it feels like the setup to a joke.

A Republican congressman with deep roots in America’s cattle industry is stirring up trade tensions ahead of President Trump’s next round of import tariffs. Marlin Stutzman, a fourth-generation farmer from Indiana, has introduced a bill proposing a 70% tariff on Australian Wagyu beef imports—a move aimed at pressuring Australia over its longstanding ban on American beef and perceived unfair trade practices.

In a move that could upend the global gas market, industry insiders suggest that gas giants may soon be compelled to divert a significant portion of their production to Australia’s domestic market. This proposal, part of a prospective gas reservation plan being developed by the Coalition, is being positioned as a means to secure more energy for Australians while driving down energy prices. With Labor expected to counter with its own version of such a policy, the issue is set to become a focal point in the upcoming election shootout.

Australia's metals manufacturing industry is facing a fresh challenge from new US tariff threats, with President Donald Trump considering more tariffs on imported goods. Prime Minister Anthony Albanese announced a $750 million federal funding package aimed at strengthening Australia's metal manufacturers and helping them stay competitive in a changing global market.

President Donald Trump has announced a one-month delay on imposing a 25% tariff on imported goods from Canada and Mexico, granting temporary relief to the two largest trading partners of the United States. The exemption, which falls under the United States–Mexico–Canada Agreement (USMCA), will now expire on April 2.

Ukraine and the United States have reached an agreement on a critical minerals deal, marking a significant development in their economic and strategic partnership. The deal, which is expected to be signed by Ukrainian President Volodymyr Zelenskyy and U.S. President Donald Trump during Zelenskyy’s upcoming visit to Washington, D.C., aims to allow joint development of Ukraine’s mineral wealth. Revenues from these resources will be directed into a newly created fund that will be shared by both nations.

The global steel and aluminum markets are bracing for impact after US President Donald Trump announced a sweeping 25% tariff on all steel and aluminum imports. With the tariffs set to take effect on March 12 "without exceptions or exemptions," major trade partners of the US are weighing their options—whether to push for exemptions, retaliate, or adapt to a new trade landscape.