Tag: Tariffs

Friday, July 24th 2026 - 07:05 UTC
Uruguay faces a 12.5% US tariff as its foreign ministry weighs the implications

Uruguay was placed in the highest band of the new US tariff scheme, with an additional 12.5% levy on its exports to the United States, for not having an explicit ban on the import of goods produced with forced labor. The measure, which took effect on Friday, raises the rate that had applied to the country since February, of 10%.
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Wednesday, July 22nd 2026 - 07:18 UTC
US readies tariffs on some 60 economies over forced labor, with Argentina among them

US Trade Representative Jamieson Greer said his government will announce new tariffs on some 60 economies in the coming days for failing to enforce bans on the import of goods produced with forced labor. “The US has laws to prohibit trading goods with forced labor. Other countries, most of them, don't have a law, and those that do really don't enforce it,” he said on Tuesday in an interview with CNBC.
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Tuesday, July 7th 2026 - 21:10 UTC
Flávio Bolsonaro urges Washington to delay Brazil tariffs until after October vote

Brazilian Senator Flávio Bolsonaro, the leading right-wing presidential hopeful, asked Donald Trump's administration on Tuesday to postpone until after the October elections a 25% tariff that the United States is considering imposing on Brazilian goods. He made the request during a public hearing before the Office of the US Trade Representative (USTR) in Washington.
Thursday, June 4th 2026 - 10:40 UTC
US proposes forced-labor tariffs on 60 economies, with Brazil and China facing 12.5%

The US government proposed tariffs of up to 12.5% on 60 economies —59 countries and the 27-nation European Union— for failing to ban or effectively enforce the prohibition on imports of goods made with forced labor. The measure, announced Tuesday night by Trade Representative Jamieson Greer, relies on Section 301 of the 1974 Trade Act and is the White House's most ambitious step yet to rebuild its tariff policy.
Wednesday, May 20th 2026 - 01:27 UTC
The European Union unblocks tariff deal with United States after ten months of negotiation

Negotiators from the European Parliament, the Council of the European Union, and the European Commission reached a provisional agreement in the early hours of Wednesday on the final text of the tariff pact with the United States, in a decision that closes ten months of negotiations marked by pressures, threats, and successive blockages in the European Parliament. The Cypriot presidency of the Council, exercised during the first half of 2026, confirmed the breakthrough through the X social media platform and emphasized that the aim of the agreement is to “enhance a stable and predictable trade relationship” between the two blocs.
Monday, March 30th 2026 - 15:01 UTC
Brazil hit hardest as Latin America adjusts to Trump tariffs after one year

One year after the Trump administration launched its tariff offensive against more than 180 countries, Latin America presents a mixed picture: some economies lost competitiveness in the U.S. market, while others redirected exports or negotiated agreements to cushion the blow.
Tuesday, February 24th 2026 - 12:14 UTC
Trump’s tariff uncertainty adds pressure on the dollar after Supreme Court ruling

A fresh round of tariff moves announced by U.S. President Donald Trump has reintroduced market volatility and added pressure on the dollar, as investors and banks debate whether the currency is losing part of its traditional safe-haven role.
Monday, February 23rd 2026 - 12:41 UTC
Italy seeks “clarity” from the US, urges calm amid renewed tariff uncertainty

Italian Foreign Minister Antonio Tajani said on Monday he would seek “clarity” from the United States during a G7 videoconference on international trade and urged restraint as Washington’s latest tariff moves inject fresh uncertainty into transatlantic commerce.
Sunday, February 22nd 2026 - 00:10 UTC
Trump raises new global tariff to 15% a day after setting it at 10%

US President Donald Trump said on Saturday he will lift the temporary “global” tariff his administration unveiled just a day earlier from 10% to 15%, after the Supreme Court struck down his broader tariff program. The shift requires amending the proclamation and related measures issued on Friday.
Saturday, February 21st 2026 - 04:34 UTC
Trump vows new 10% global tariff after Supreme Court curbs emergency levies

US President Donald Trump lashed out at the Supreme Court hours after it curtailed his ability to impose sweeping tariffs under emergency powers, and signaled he intends to press ahead with his trade strategy. “I’m ashamed of certain members of the court, absolutely ashamed,” he said at the White House.