US tariffs

Mexico's light vehicle exports rose 1.4% in the first half of 2026 despite U.S. tariffs, with 1.69 million units exported. The U.S. remained the largest market (75.9%), down from 85% pre-tariffs, while June exports fell 9.2% due to the tariffs. Automakers like Stellantis and Volkswagen saw export increases, while Nissan and Ford declined.

Brazil’s President Lula da Silva and Senator Flávio Bolsonaro have clashed over U.S. tariff proposals. The disagreement centers on the potential impact of the tariffs on Brazil’s economy.

Trump received a lavish ring from a Belgian diamond group after the industry secured the removal of U.S. tariffs on diamond imports. The gift occurred months following the tariff relief.

Windrose Electric, a Chinese e-truck company positioning itself as a Tesla rival, is seeking a $2 billion US SPAC deal. The company's chief claims US tariffs are insufficient to prevent its entry into the American market.

German politicians aim to block Volkswagen's plan to cut 100,000 jobs and close factories, citing pressure from Chinese competitors and US tariffs. The proposed layoffs could face resistance from VW's supervisory board, which includes state politicians and labor union representatives, compounding challenges for Chancellor Friedrich Merz's government.

India's retail traders are increasing leveraged stock investments as the Bombay Stock Exchange (BSE) faces potential losses due to high U.S. tariffs on Indian exports. The article highlights risks to the faltering equities market amid these trade tensions.

The European Union's leadership and commentators increasingly use militaristic language in economic policymaking, framing external factors like Chinese exports, US tariffs, and corporate regulations as destructive forces. Economists criticize this rhetoric as nonsensical and dangerous, arguing tariffs function more as industrial tools than weapons.

Copper prices are rising as the US tariffs deadline approaches with less than a month remaining. The article mentions copper pipes, though no further context is provided.

The Indian rupee has slumped to a record low against the US dollar amid concerns that 50% US tariffs will negatively impact India's economic growth and corporate earnings. Global funds are bracing for further rupee depreciation, with the exchange rate potentially reaching 100 rupees per dollar. This currency weakness reflects broader economic pressures on India from anticipated US trade policies.

Toyota's fourth-quarter profit missed expectations due to US tariffs, resulting in a 49% slump. The company saw a 1.89% year-on-year rise in revenue during the same period. This impact was significant for the world's largest automaker by sales volume.

SNP's John Swinney faced criticism for claiming credit for President Trump's decision to lift US tariffs on Scotch whisky, despite Trump stating that UK Prime Minister Rishi Sunak (referred to as 'King' in the article) was the one who convinced him. The incident highlights political misattribution and public scrutiny of political figures.

The Indian rupee hit a record low against the dollar amid fears that 50% US tariffs will harm economic growth and corporate earnings, casting a shadow over Indian stocks. A tech selloff and concerns over potential rupee curbs further dampen market sentiment.

Taiwan is considering allowing listed companies to pay dividends in US dollars. The decision comes amid global economic concerns highlighted by the Indian rupee's record low against the dollar due to 50% US tariffs threatening economic growth and corporate earnings.

The Indian forex regulator criticized banks for engaging in rupee arbitrage trades amid a record low rupee against the dollar. Concerns over 50% US tariffs on Indian exports are cited as a key factor behind the currency's decline and economic worries.