The European Commission proposes reducing duty-free steel import quotas and increasing tariffs on quantities exceeding these limits to safeguard the bloc's steel industry.
The US Department of Commerce is investigating the potential national security threat posed by imported protective gear, medical supplies, robots, and industrial machinery.
The European Central Bank (ECB) has left interest rates unchanged for the second consecutive time due to economic uncertainty stemming from US import tariffs.
A Yale University study suggests that former President Trump's tariff policies will significantly increase the number of impoverished Americans by 2026.
Indian finance minister Nirmala Sitharaman confirmed India's continued purchase of Russian oil due to economic benefits, despite a 50% import tariff imposed by the US.