Seeking shelter from Trump’s fury, US trade partners reach deals with each other
The EU-India trade pact aims to create a free-trade market of over 700 million people as partners seek to reduce reliance on U.S. amid tariff pressures, analysts say.
- Last week, the 27-country EU and India announced a pact that will create a free-trade market of more than 700 million people as U.S. trade partners cut deals among themselves.
- President Donald Trump’s recent tariff threats have bullied U.S. allies for the past year, prompting them to seek protections after he raised tariffs on South Korea and threatened 100% tariffs on Canada.
- Central banks and global investors are dumping dollars and buying gold, and Daniel McDowell, Syracuse University political scientist, says foreign countries want to reduce exposure to the United States amid instability as the U.S. dollar fell last week.
- EU signaled support for rules-based trade, with EU exporters jubilant over the India deal, and Koo Yun-cheol will push lawmakers to approve a $350 billion investment, on Tuesday.
- Negotiators had been at it for nearly two decades before they closed the agreement, while advisers and analysts warn that reduced foreign U.S. Treasuries holdings reveal vulnerabilities rivals may exploit.
41 Articles
41 Articles
Seeking Shelter From Trump’s Fury, US Trade Partners Reach Deals With Each Other
Bullied and buffeted by President Donald Trump’s tariffs for the past year, America’s longstanding allies are desperately seeking ways to shield themselves from the president’s impulsive wrath.
Seeking shelter from Trump's fury, U.S. trade partners reach deals with each other
Bullied and buffeted by President Donald Trump’s tariffs for the past year, America’s longstanding allies are desperately seeking ways to shield themselves from the president’s impulsive wrath. U.S. trade partners are cutting deals among themselves —- sometimes discarding old differences…
Seeking shelter from Trump's fury, US trade partners reach deals with each other
Bullied and buffeted by President Donald Trump’s tariffs for the past year, America’s longstanding allies are desperately seeking ways to shield themselves from the president’s impulsive wrath.
Hit by Donald Trump's tariffs over the past year, U.S. allies are desperately looking for ways to protect themselves from the president's impulsive anger.
Trump's India tariff pledge draws skepticism as New Delhi continues to diversify trade ties
A surprise tariff announcement by US President Donald Trump following a call with Indian Prime Minister Narendra Modi has eased immediate trade pressure on India, but the lack of detail and India's parallel push to diversify partners suggest the deal may be more tactical than transformative.
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