The possibility of a 30% tariff this week “is a game changer,” said Dante Galeazzi, CEO and president of the Texas ...

One of the crucial aspects of international goods is their high price elasticity of demand, a concept that plays a ...

Global trade tensions are once again at the forefront of international economic discussions. In 2025, disputes between major economies, most ...

With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later ...

South Korea has the second-highest share of manufacturing in its gross domestic product (GDP) among major economies, data ...

President Trump's assertive trade strategy is reshaping global commerce. By leveraging tariffs, he aims to open international markets to U.S. businesses. Countries must negotiate or face higher costs, ...

Global current account balances widened sharply in 2024, reversing a narrowing under way since the global financial crisis of ...

The import tax began on July 14 and is part of a broader protectionist strategy affecting many countries, including Mexico.

US pharma tariffs may start low and rise, risking drug shortages, higher costs, and pressure on generics amid reshoring push.

As trade tensions escalate, the European Union has approved a sweeping €93 billion ($109B) retaliatory tariff package aimed ...

With 1 August fast approaching, we expect the Trump administration to announce pharmaceutical tariffs soon. We anticipate an ...