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Tariffs have long been a key instrument in international trade policy, influencing economic relationships between nations, determining the cost of imports and exports, and shaping global supply chains. As of May 10, 2025, a significant shift has taken place, particularly among the world’s largest economic powerhouses, including the United States, China, the European Union, India,…
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As May 9, 2025, unfolds, the European Union (EU) and Germany continue to navigate the evolving trade landscape, shaped by U.S. tariffs, retaliatory measures, and ongoing negotiations. The European Commission has launched a public consultation on potential countermeasures against U.S. tariffs, targeting automobiles, aircraft, chemicals, and agricultural products. Meanwhile, the EU is preparing to file…
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As May 8, 2025, unfolds, the European Union (EU) and Germany are responding to U.S. tariffs with countermeasures worth up to €95 billion ($107.2 billion). The European Commission has launched a public consultation on potential retaliatory tariffs against the U.S., targeting automobiles, aircraft, chemicals, and agricultural products. Meanwhile, the EU is preparing to file a…
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As May 7, 2025, unfolds, the United Kingdom continues to navigate a shifting trade landscape, shaped by U.S. tariffs, European Union trade policies, and China’s retaliatory measures. President Donald Trump has declined to soften tariffs on China, despite upcoming trade talks in Switzerland. Meanwhile, UK Prime Minister Keir Starmer met with Trump at the White…
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As May 6, 2025, unfolds, the United Kingdom continues to navigate a complex trade landscape, shaped by U.S. tariffs, European Union trade policies, and China’s retaliatory measures. The UK government has issued new tariff updates, including adjustments to commodity codes, trade sanctions, and phytosanitary control measures. Meanwhile, Maersk has announced inland tariff adjustments, set to…