Tariff

Trump announces tariff reductions on China after meeting Xi

TEHRAN, Oct. 30 (MNA) – The US President has announced that he has agreed to reduce tariffs imposed on Beijing in exchange for China's continued exports of rare earth minerals and combating the illegal trade in fentanyl.

Trump meets Brazil’s Lula at ASEAN summit

TEHRAN, Oct. 26 (MNA) – US President Donald Trump and Brazil’s President Luiz Inacio Lula da Silva have held what Brazil described as a constructive meeting on the sidelines of the Association of Southeast Asian Nations (ASEAN) Summit in Malaysia.

Trump tariffs cause sharp fall in Brazil exports to US

TEHRAN, Sep. 07 (MNA) – Brazil’s exports to the United States plunged 18.5 per cent year-on-year in August, hobbled by the 50 per cent tariffs imposed by U.S. President Donald Trump, figures showed Thursday.

Despite appeals court rejection:

Trump says all tariffs imposed by him remain in effect

TEHRAN, Aug. 30 (MNA) – US President Donald Trump vowed that tariffs will remain in place despite a federal appeals court ruling on Friday that rejected his use of emergency powers to impose sweeping trade tariffs.

US and China extend trade truce until November

TEHRAN, Aug. 12 (MNA) – The US and China have extended their trade truce for another 90 days, just hours before the world's two biggest economies were set to raise tariffs on imports of each other's goods.

Tariff-free benefits to expand when Hainan opens customs op.

TEHRAN, Aug. 10 (MNA) – The benefits of zero-tariff policies for businesses will be expanded after the Hainan Free Trade Port launches the island-wide independent customs operation.

With independent customs operation:

Hainan's FTP poised to open independent customs operation

TEHRAN, Aug. 10 (MNA) – China's Hainan Free Trade Port (FTP) is set to launch an island-wide independent customs operation on Dec. 18, 2025, underscoring the country's wider push for high-standard opening up.

With independent customs operation:

Hainan's FTP poised to pioneer China high-standard opening-up

TEHRAN, Aug. 10 (MNA) – China's Hainan Free Trade Port (FTP) is set to launch an island-wide independent customs operation on December 18, 2025, underscoring the country's wider push for high-standard opening up.

Modi, Lula discuss Trump's tariffs amid strained US ties

TEHRAN, Aug. 08 (MNA) – Indian Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva have spoken by phone regarding various issues, including the tariffs recently imposed by the United States on goods from both nations.

IRGC intelligence org. chief:

Russia, India talk up strategic partnership after tariff hike

TEHRAN, Aug. 07 (MNA) – Russia and India stressed their commitment to a "strategic partnership" in bilateral security talks in Moscow on Thursday, a day after US President Donald Trump announced higher tariffs on imports from India.

Trump to impose 100% tariffs on buyers of Russian oil

TEHRAN, Jul. 21 (MNA) – US Senator Lindsey Graham (Republican, South Carolina), who is listed in Russia’s registry of terrorists and extremists, said US President Donald Trump plans to impose 100% tariffs on countries purchasing Russian oil.

EU commissioner warns high tariffs could ruin EU-US trade

TEHRAN, Jul. 14 (MNA) – US tariffs at the level of 30% would devastate trade between the European Union and the United States, EU Trade Commissioner Maros Sefcovic stated upon his arrival at the EU Council meeting on external trade.

Trump announces 30% tariffs on EU, Mexico starting Aug. 1

TEHRAN, Jul. 13 (MNA) – The US will impose 30% tariffs on the EU and Mexico starting Aug. 1, President Donald Trump announced on Saturday.

G7 considers Russia sanctions, vows to tackle imbalances

TEHRAN, May 23 (MNA) – Finance ministers and central bank governors from the Group of Seven (G7) democracies have pledged to address “excessive imbalances” in the global economy and said they could increase sanctions on Russia.

US announces China trade deal in Geneva

TEHRAN, May 11 (MNA) – The White House touted a "China trade deal" on Sunday — without providing details — after two top US officials alluded to a potential agreement with China following talks between the two countries in Switzerland at the weekend.

EU may reduce purchases of US Weapons, introduce high tariffs

TEHRAN, Apr. 24 (MNA) – The EU countries may reduce purchases of American weapons and introduce tough economic restrictions against the United States

12 US states sue Trump administration over ‘illegal tariffs’

TEHRAN, Apr. 24 (MNA) – A coalition of 12 US states sued US President Donald Trump’s administration over “illegal tariffs” in the US Court of International Trade in New York.

Trump to visit Saudi Arabia, UAE, Qatar in mid-May

TEHRAN, Apr. 22 (MNA) – US President Donald Trump will visit the Middle East next month on a three-country tour, his spokeswoman Karoline Leavitt said Tuesday.

US tariffs further reduce Hollywood charm in China

TEHRAN, Apr. 17 (MNA) – Once the king of China's silver screen, Hollywood now finds itself sidelined, as local blockbusters surge and Washington's tariffs against the rest of the world add fuel to shifting audience sentiment.

Trump imposes 125% tariffs on China, reduces global rater

TEHRAN, Apr. 09 (MNA) – Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.

China issues travel warning for citizens heading to US

TEHRAN, Apr. 09 (MNA) – China's Ministry of Culture and Tourism on Wednesday issued a risk alert for Chinese citizens planning to visit the United States, citing the recent decline in China-US economic and trade ties.

European Union imposes a 25% tariff on US

TEHRAN, Apr. 9 (MNA) – After several weeks of consultations between member states, EU Commission and industries, the EU adopted retaliatory measures on Wednesday against US tariffs on EU steel and aluminum.

French minister urges companies to halt investments in US

TEHRAN, Apr. 09 (MNA) – French ]ndustry Minister Marc Ferracci Wednesday urged French companies to suspend their investments in the United States, given clashes between France and Europe with US President Donald Trump's administration over tariffs.

Venezuela to overcome difficulties of global trade war

TEHRAN, Apr. 05 (MNA) – Venezuela will overcome the difficulties of the trade and economic war declared by US President Donald Trump to the whole world, Venezuelan President Nicolas Maduro said.

China calls on US to stop using tariffs as a ‘weapon’

TEHRAN, Apr. 05 (MNA) – TThe Chinese Foreign Ministry says the government has taken and will continue to take measures to safeguard China’s sovereignty, security and development interests in light of the US tariffs.

Beijing hits back at US with 34% import tariff

TEHRAN, Apr. 04 (MNA) – China has announced it will impose a 34% tariff on imported US goods in addition to existing tariffs in response to similar moves by the United States, in the latest escalation in trade tensions between the two countries.

Trump’s tariffs incite fury in world

TEHRAN, Apr. 03 (MNA) – Global leaders like Canadian Prime Minister Mark Carney, his Australian counterpart Anthony Albanese and Italy PM Meloni have reacted with concerns and criticism in response to US President Donald Trump's tariff announcement.

Canada to announce over $20 bln tariff for Trump metal tariff

TEHRAN, Mar. 12 (MNA) – Canada will announce Canadian $29.8 billion ($20.7 billion) in retaliatory tariffs in response to 25% steel and aluminum tariffs that US President Donald Trump has leveled, a senior Canadian government official said Wednesday.