The United States was overtaken as Germany's top trading partner by China, which surpassed the American country in the first eight months of 2025.
This change in trade dynamics, according to data from the German statistics office, is mainly due to the crisis generated by the increase in tariffs…
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Browsing Tag
tariffs
The United States and El Salvador sign Reciprocal Trade Agreement
The United States and El Salvador signed an important Reciprocal Trade Agreement that will allow the two countries to focus on key aspects of their economic relations, such as exports, tariffs, and security, among others.
The objective is…
US Senate overturns President Trump’s global tariffs
On Thursday, October 30, the US Senate approved the repeal of the global tariffs imposed by President Donald Trump, which generated $88 billion in tax revenue between April and August.
The vote to reject Trump's tariff policy was 51 in…
Trump to impose 100 % tariff on drugs not manufactured in the US
Pharmaceutical products not manufactured in the United States will be subject to a 100 % tariff, according to a recent announcement by President Donald Trump.
The measure will apply to brand-name or patented pharmaceutical products…
Apple to make million-dollar investment in the US
As a way to avoid US President Donald Trump's tariffs, which also affect the technology sector, Apple announced a $100 billion investment in the country.
The initiative will also be aimed at boosting domestic production, the technology…
European Union suspends tariff countermeasures against the US for six months
The US president had announced a package of 30 % tariffs on imports of European Union products starting August 1.
Following the agreement reached between the parties, it was learned that the EU will pause for six months "the two packages…
Results of negotiations between Ecuador and the US on tariffs will be revealed on July 1
Ecuador and the United States will hold the third round of negotiations on the 10 % tariff on Ecuador's exports on June 28. According to Ecuadorian Vice Minister of Foreign Trade, Andrés Robalino, the results will be announced on July 1.…
Brazil reverses financial transaction tax
Last month, Brazil enacted a tax on various financial transactions. This Sunday, June 8, the measure was repealed and replaced with another tax package.
According to Finance Minister Fernando Haddad, the revenue shortfall resulting from…
Agricultural sectors in Latin American countries could benefit from US tariffs
US tariffs on major powers and other countries around the world could allow nations like Brazil, Argentina, Paraguay, and Uruguay to benefit by filling the gap in large supply chains, particularly in the agricultural market.
These Latin…
China suspends purchase of Boeing aircraft
Chinese airlines have received communication from the government about the suspension of the purchase of Boeing aircraft in response to the United States tariffs.
According to official instructions, the Chinese government's decision…
US inflation slowed in March
US inflation slowed significantly in March, demonstrating the strength and resilience of the economy despite the trade tariffs imposed by President Donald Trump.
Economists have already warned that last Thursday's CPI report "could very…
China announced tariffs on US products
The Chinese government's response to the tariffs announced by Donald Trump is reciprocal. Starting February 10, the Asian country will apply a 15 % tax on US gas, oil and coal.
China will also apply taxes to other products, as well as to…