Tarrifs news and archive

AAM urges Congress to maintain tariffs and strengthen US trade enforcement

Following US midterm elections that established new congressional leadership, the Alliance for American Manufacturing (AAM) is urging incoming lawmakers to maintain tariffs on critical industries and modernize trade enforcement, arguing that existing remedies are too slow and costly to protect domestic producers. The organization’s November...

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Silver price surpasses 100 dollars an ounce amidst market uncertainty

London - The price of silver surpassed the 100-dollar-an-ounce threshold for the first time on Friday. This was driven by its safe-haven status amid uncertainties sparked by Donald Trump's policies and by industrial demand in the solar and electronics sectors. Having more than doubled in value in under four months, silver gained 3.94 percent...

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EU-US trade deal: Trump hints at tariff reduction if EU opens markets

US President Donald Trump has offered to lower tariffs on the import of European products if the European Union opens its market further to the US. At an AI event, Trump said of the ongoing negotiations: "If they agree to open the Union to American companies, then we will levy a lower tariff." He added that serious negotiations were underway....

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US fashion group PVH says 'deeply disappointed' over China sanctions

US firm PVH, which owns Tommy Hilfiger and Calvin Klein, said Wednesday it was "deeply disappointed" by China's decision to place it on the country's sanctions list. Beijing on Tuesday added the fashion group and biotech giant Illumina to its list of "unreliable entities" -- part of a swath of measures against US businesses in China in an...