Winners and Losers of Trump's Tariffs After One Year
Analysis reveals Trump's 2025 tariffs raised $287bn but failed to improve US trade balance, hitting consumers and vulnerable nations hardest.
Category : Trade
Trump Tariffs: Winners and Losers After One Year
Analysis of the economic impact of Donald Trump's second-term tariffs on US manufacturing, trade balances, and global supply chains after one year of implementation.
Japan's Fifth Straight Year of Trade Deficit in 2025
Japan reports a fifth consecutive annual trade deficit in 2025, driven by U.S. tariffs and China tensions, with a 2.65 trillion yen shortfall despite export growth.
Trump Walks Back Tariff Threat Over Greenland
Donald Trump has withdrawn his threat to impose sweeping tariffs on eight European allies, claiming a 'framework' deal on Greenland after meeting with NATO's Mark Rutte.
EU Parliament Halts US Trade Deal Over Trump Tariff Threat
The European Parliament has suspended ratification of a US trade agreement in response to Donald Trump's threat of tariffs on EU exports unless he can take over Greenland. An emergency summit will discuss retaliatory measures.
Macron Slams Trump Tariffs, Europe at Crossroads
French President Emmanuel Macron criticises Donald Trump's tariff threats against Europe in Davos speech, as EU leaders prepare crucial Brussels meeting to respond to US economic coercion.
Harris Warns US Greenland Tariffs Risk Economic Spiral
Ireland's deputy premier Simon Harris cautions that US tariffs over Greenland could fundamentally alter transatlantic ties, creating a damaging spiral of retaliatory economic events.
EU Readies 'Trade Bazooka' Over Trump Greenland Tariffs
Germany and France will propose activating the EU's powerful Anti-Coercion Instrument in response to Donald Trump's tariff threats over Greenland, as tensions simmer despite his softened rhetoric at Davos.
Trump Criticises UK Over North Sea Oil Barriers
Former US President Donald Trump has launched a scathing attack on Britain's green energy policies at Davos, claiming North Sea drilling restrictions are causing an energy crisis.
US Firm Cancels 300 NI Jobs Over Political Concerns
A major US financial services firm has shelved plans to create 300 jobs in Northern Ireland, with claims political positions on international conflicts played a role.
O'Leary: Europe Must Stop Pandering to Trump
Ryanair CEO Michael O'Leary calls for a more confrontational European approach to Donald Trump, predicting he will back down if met with reciprocal tariffs.
Ryanair Boss Criticises Taoiseach's Foreign Travel Schedule
Michael O'Leary accuses Micheal Martin of excessive international travel while domestic issues like Dublin Airport's passenger cap remain unresolved, highlighting infrastructure and housing concerns.
EU Lawmakers Block Mercosur Trade Agreement
European Union lawmakers have narrowly voted to block the major Mercosur trade agreement, sending it to the European Court of Justice for legal review.
Macron Urges EU Trade 'Bazooka' Against US Tariffs
French President Emmanuel Macron warns the EU may use its Anti-Coercion Instrument for the first time against the US in response to tariff threats, as tensions escalate over Greenland.
UK Won't Be 'Buffeted Around' by Trump Tariff Threats
Chancellor Rachel Reeves insists the UK has an economic plan to withstand Donald Trump's tariff threats over Greenland, while defending Keir Starmer's diplomatic approach.
US Treasury Chief Dismisses Denmark as 'Irrelevant' in Davos Row
Scott Bessent, US Treasury Secretary, dismissed Denmark as 'irrelevant' amid tensions over Trump's Greenland bid, while criticising European leaders at the World Economic Forum in Davos.
Davey Calls for UK 'Trade Bazooka' to Counter Trump
Liberal Democrat leader Ed Davey criticises Keir Starmer's appeasement strategy towards Donald Trump, advocating for coordinated EU tariffs and targeted measures to protect British interests.
IRS Leadership Shake-Up Before 2026 Tax Season
The IRS chief has announced significant personnel changes, including appointing whistleblower Gary Shapley, just days before the 2026 tax filing season begins, aiming to modernise operations.
US Treasury Secretary Slams Europe's 'Anger' Over Tariffs
US Treasury Secretary has condemned European 'anger' over President Trump's tariff threats as he heads to Davos, where tensions over Greenland and Venezuela are set to dominate discussions.
EU Set to Sign Historic Trade Deal with India
European Commission President Ursula von der Leyen announces the EU is on the cusp of signing a major trade agreement with India, creating a market for 2 billion people.
Peloton Sues US Government Over Trump Tariffs
Exercise equipment manufacturer Peloton has initiated legal action against the US government, seeking refunds for tariffs imposed during Donald Trump's presidency.
US Seizes Seventh Venezuelan Oil Tanker in Caribbean
American military forces have boarded and taken control of another sanctioned oil tanker linked to Venezuela in the Caribbean, marking the seventh such seizure as the Trump administration intensifies pressure.
China Meets Soybean Goal; Trump's Trade Policy Risks Deal
China has fulfilled its initial commitment to buy 12 million metric tons of US soybeans, but President Trump's shifting trade policies and high production costs for American farmers cast doubt on the long-term viability of the October trade agreement.
Maria Bartiromo's Fur Coat at Davos Amid Trump Tariff Row
Fox News anchor Maria Bartiromo turned heads in a full fur coat at Davos World Economic Forum, where discussions on Trump's European tariffs dominated the agenda.
Swinney Urged to Lobby Trump Over Whisky Tariffs
Scottish First Minister John Swinney faces calls to personally intervene with US President Donald Trump to prevent devastating new tariffs on Scotch whisky exports.
Irish Leaders Condemn Trump's Tariff Threats
Irish political leaders have described Donald Trump's tariff threats as deeply regrettable, warning they could unravel the EU-US trade deal and trigger a damaging trade war.
EU's 'Nuclear Option' Anti-Coercion Tool Explained
The EU's Anti-Coercion Instrument, approved in 2023, could be deployed against the US if President Trump imposes tariffs over Greenland. This 'nuclear option' allows wide-ranging retaliatory measures.
Trump's Economic Impact: Australia's Surprising Position
One year into Donald Trump's presidency, Australia's economy shows unexpected strength despite global trade tensions, with beef and gold exports booming while experts warn of AI bubbles and geopolitical risks.
Reeves' Davos Pitch: UK Stability & Fast-Track Visas
Chancellor Rachel Reeves announces visa fee refunds and fast-track processing for high-growth companies at Davos, positioning Britain as a stable investment haven amid global uncertainty.
US Supreme Court to Rule on Trump Tariffs This Week
The US Supreme Court could rule as early as Tuesday on the legality of Donald Trump's sweeping tariffs, a cornerstone of his economic agenda that has faced legal challenges from states and small businesses.
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