Tag "vámháború"
The European Commission has proposed the adoption of trade agreements with Mercosur countries and Mexico
The European Commission on Wednesday proposed to the Council of the member states the signing and conclusion of trade agreements with the Mercosur countries (Argentina, Brazil, Paraguay, Uruguay) and Mexico....
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The end of cheap “cheap orders”: customs and taxes await small packages in the US, and soon in the EU
For years, Western consumers enjoyed ordering small items from abroad for just a few dollars or euros without paying customs duties or taxes. That era, however, seems to be coming...
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The tariff war is also hitting German industry
German manufacturing companies saw their export prospects for August worsen in comparison to the previous month, according to data released on Tuesday by the ifo Institute for Economic Research at...
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Tariff war: Europe moved first, Magyar Posta waited
While mail to the United States is being suspended across Europe, Magyar Posta was still able to send parcels early Tuesday afternoon. This is unusual because most countries had already...
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French winemakers worried about US tariffs
The newly announced EU-US trade deal, which excludes wines and spirits from US import duties, has sparked serious concerns in France. This means that French exporters will have to pay...
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Tariff war: new challenges for the European food industry
The trade agreement concluded at the end of July between the United States and the European Union could significantly reshape the global food market. While the EU has successfully preserved...
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Boycott of American brands begins in India over Trump tariffs
A boycott movement against American brands is gaining momentum in India in response to US President Donald Trump’s latest trade measures. The former president imposed a 50 percent tariff on...
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Duty-free Canaan is over: Trump’s global restrictions are disrupting e-commerce
Donald Trump has suspended duty-free international packages worth less than $800. The decision will seriously affect Chinese e-commerce players, global supply chains – and the wallets of American consumers, writes...
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Australia is the winner of the tariff war – Australian beef, wine and wheat may be cheaper in the US market
US President Donald Trump’s new tariff policy has given Australia an unexpected advantage: while he is hitting 69 countries around the world with tariff increases of between 10 and 50...
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Trump’s new tariff strategy could redraw the global map of coffee and cocoa trade
Tropical agricultural products such as coffee and cocoa may be exempt from tariffs when exported to the United States in the future, if a bilateral trade agreement is reached with...
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Trump’s tariff hike could make olive oil more expensive – world’s largest producer warns
Donald Trump’s plan to raise import tariffs from the European Union to 30% as of August 1 could have serious consequences for American consumers, warns Spain-based Deoleo, the world’s largest...
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Profits are falling, consumption is falling: General Mills is in trouble
Declining revenue, melting profits and disappointed investors characterize the 2025 business year of General Mills, one of the largest food companies in the United States. According to the company, the...
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What will happen without a price advantage? Temu is in serious trouble in the shadow of the tariff war
The profit of Temu, one of the fastest growing players in the e-commerce sector, operated by China’s Pinduoduo (PDD), has fallen by half. Although the company continues to generate significant...
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MBH Bank: 1.1 percent growth expected this year
The risks of the tariff war significantly limit domestic growth prospects, while the positive effects of the European economic recovery will only be felt next year, which is why experts...
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Trump attacks Walmart: debate over US tariffs and inflation flares up
The former president took to Truth Social to criticize the retail giant for warning about rising prices, saying that consumers would ultimately pay for tariffs, economists say. Former US President...
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Serious negotiations are underway to end the tariff war
Only with sincere intentions can we negotiate – this is how the Chinese Ministry of Commerce responded to the news that the United States has initiated new negotiations to resolve...
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In the Shadow of a Tariff War – Will American Protectionism Upend the Global Economy?
The trade conflict between the United States and China, which has been going on for years, has entered a new phase, warned economist Attila Szalay-Berzeviczy, former president of the Budapest...
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Drastic price increase for Temun and Sheinen: Trump’s tariff war is having an impact
Starting April 25, products ordered on the Chinese Temu and Shein platforms became noticeably more expensive for American customers after the Trump administration’s tariff war measures came into effect. According...
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The EU is looking for new markets for the food industry
The loss of the American market poses a serious challenge for the European Union’s food exports, which is why the search for new trade opportunities has become more urgent than...
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Is game over for Temu and Shein in Europe, too?
The European market is facing a new challenge due to the US trade restrictions: packages from Shein, Temu and AliExpress are increasingly flowing into the EU. Due to the economic...
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Escalating tariff war and search for new markets: European food exports in a difficult situation
The announcement of US punitive tariffs and the escalation of trade tensions are presenting new challenges to the European food industry, writes vg.hu. While the European Union is one of...
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Confidence in the global economy plummets due to US tariff war
The economic confidence indices of the world’s leading economies have deteriorated significantly due to trade tensions caused by US tariff measures, according to the Tiger Index compiled jointly by the...
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How the US tariff war affects Hungarian companies?
As is well known, Donald Trump’s decree, which aims to remedy the “persistent and significant trade deficit caused by international trade practices” by introducing import tariffs, came into force just...
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Egg tax in America: another wave of price increases may come to the food market
Donald Trump’s new tariff measures could also hit one of the most sensitive areas of the US agricultural sector: egg imports. The move comes at a particularly sensitive time, as...
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EU-US tariff war: tariffs are bad for companies, even worse for consumers
European Commission President Ursula von der Leyen has expressed regret over new US tariffs that are putting a significant burden on European steel and aluminium exports. In a statement on...
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Falling sales and falling share price: Remy Cointreau faces challenges
The French drinks group, Remy Cointreau, reported a significant drop in sales, which also negatively affected the share price. The company’s shares fell by one and a half percent within...
Read moreUS Import Duties – China halves additional duty on certain US products
China will cut customs duties on certain US products by half – the Chinese state news agency sannounced in a statement Thursday. The measure, which will take effect on February...
Read moreChina is preparing to exempt certain US agricultural products from additional duties
China is preparing to exempt a certain amount of US soybeans and pork from surcharges imposed during the trade war between the two countries – the Xinhua State News Agency...
Read moreTrade war: China would negotiate to solve trade conflict
China is ready to find a solution to the problems through calm talks and cooperation, China’s Deputy Prime Minister Liu Ho said on Monday, following the escalation of the trade...
Read moreChinese companies have taken steps to buy US agricultural products
Some Chinese companies have applied for exemption from customs duties on certain agricultural products and interested in US suppliers – the Xinhua Chinese State News Agency announced on Sunday, referring...
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