Local steel producers are disappointed with the government's decision.

U.S. President Donald Trump's threat this week to slap Colombia with tariffs over its drug policy marked a sharp escalation in his feud with a country that has long been one of Washington's closest Latin American allies.

Global businesses have lost more than 35 billion USD due to US tariffs, but many companies are more optimistic thanks to new trade agreements that help reduce the impact of tax policies.

The US and Australia signed a multi-billion dollar agreement to develop a supply chain of strategic minerals and rare earths, reducing dependence on China.

President Donald Trump said the US will “be fine” with China in comments that come just before the two sides return to the negotiating table and a fragile trade truce nears expiration.

The Trump administration formally imposed 25% tariffs on imported medium and heavy-duty trucks and parts, as well as a 10% duty on buses, while extending a key tariff reprieve for American automakers.

In the first three quarters of 2025, Vietnam saw a 9% year-on-year increase in its imports of U.S. soybeans, reaching a total value of $300 million.

International finance chiefs are returning home with a measure of relief over the surprising resilience of the global economy to the cascade of policy shocks through the first nine months of Donald Trump's second U.S. presidency but also drained by seemingly never-ending uncertainty over what lies ahead.

The White House is set to extend a tariff relief program for the US auto industry, a move that will benefit carmakers like Ford and GM. This five-year extension allows automakers to reduce tariffs on imported car parts, a provision previously set to expire.

China broadened its export restrictions on REEs by including five additional elements.