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Trump says 'no extensions' to Aug 1 tariff deadline
President Donald Trump said Tuesday that he would not extend an August 1 deadline for higher US tariffs to take effect on dozens of economies, a day after he appeared to signal flexibility on the date. But the president this week again delayed their reimposition, pushing it back to August 1.
German exports to US tumble as Berlin urges quick trade deal
German exports to the United States plummeted in May, official data showed Tuesday, as Berlin pressed the European Union to strike a quick tariff deal with US President Donald Trump. German Chancellor Friedrich Merz last week called on the EU to strike a "quick and simple" bargain with the United States, saying Germany's "key industries" needed clarity. vbw/sea/rl
Cambodian garment workers fret Trump's new tariff threat
As Cambodian garment workers took breaks from toiling in sweltering factories on Tuesday, they feared for their jobs after US President Donald Trump's threat to impose a 36 percent tariff. "I fear that the high tariff will affect factories and will result in fewer jobs for workers," said the 47-year-old.
Bulgaria to get final green light to adopt euro in 2026
EU ministers are set to give the final green light on Tuesday for Bulgaria to adopt the euro on January 1, 2026, when the country would become the single currency area's 21st member. - Euro club gets bigger - Only 12 countries were part of the single currency area -- including France, Germany, Italy, Spain, and Greece -- when the first euro bills and coins were rolled out on January 1, 2002.
Major garment producer Bangladesh seeks deal after 35% US tariff
Bangladesh, the world's second-biggest garment manufacturer, holds hope to reduce the 35 percent tariff that US President Donald Trump said he will impose, the country's top commerce official told AFP on Tuesday. Trump hit Bangladesh with 37 percent tariffs in an April 2 announcement, but in a letter issued Tuesday, the US leader said it would now be 35 percent.
Most markets rise as Trump sends tariff letters, delays deadline
Most stocks rose Tuesday as traders cautiously welcomed Donald Trump's extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains. While Wall Street's three main indexes ended down -- with the S&P 500 and Nasdaq back from record highs -- Asian markets mostly rose.
BRICS criticism brings Trump 10% tariff threat
US President Donald Trump threatened China, India, and some of the world's fastest-emerging economies with higher import tariffs, hitting back at BRICS criticism of his trade policies as the bloc meets Monday. Now he is threatening to impose unilateral levies on trading partners unless they reach "deals" by August 1, with BRICS nations seemingly faced with higher tariffs than planned.
Trump steps up pressure for deals as US tariff deadline nears
Donald Trump's aggressive trade policy faces a critical week as the US president races to secure the bilateral deals he promised, ahead of a shifting deadline for re-imposing steep tariffs on dozens of economies.
Demna to bow out at Balenciaga in Paris Haute Couture Week
After 10 years at Balenciaga, provocative Georgian showman Demna is to take a final bow during Paris Haute Couture Week, which began on Monday with a star-studded show by Schiaparelli.
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