Donald Trump news and archive

Nextil benefits from Trump's tariffs: 175 million dollar contract with US-based Maxum

Madrid – The Spanish textile company Nextil Group has secured a major partnership with the US multinational Maxum International Group, becoming a key player in Maxum’s supply chain. This partnership is a direct result of the relocation of production by US companies, driven by the new trade and tariff policies of President Donald J. Trump. The...

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Media: Trump appeals to Supreme Court in tariff dispute

President Donald Trump has appealed to the Supreme Court to challenge an appeals court ruling that stripped him of the authority to impose extensive import tariffs under an emergency law. On Wednesday, his administration filed an appeal and requested an expedited procedure, urging the court to announce by September 10 whether it will take up the...

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US ends de minimis loophole for international imports

As of Friday, the US has abolished duty-free imports for goods valued under 800 dollars. President Donald Trump initially lifted the exemption for China. At the end of July, he also ordered the end of duty-free status for parcels from around the world. International postal services had already restricted shipments to the US in recent weeks due...

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Global postal services suspend US shipments amid de minimis changes

Global postal services are enacting either a full or partial pause on shipments to the US amid the region’s changes to the de minimis rule, which had allowed for packages worth under 800 dollars to enter the country duty-free. First introduced in 2016, President Donald Trump had first brought the exemption to an end in May for goods imported...

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Fashion takes centre stage in latest meeting between Trump and Zelenskyy

Madrid – During a meeting at the White House on Monday, August 18, 2025, between Ukrainian President Volodymyr Zelenskyy and U.S. President Donald J. Trump, fashion once again served as a tool of political communication. As the two leaders met to negotiate an end to the war between Russia and Ukraine, Zelenskyy's attire became a key topic of...

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AAFA urges Trump administration to add non-cumulative clause for Chinese tariffs

The American Apparel & Footwear Association (AAFA) has issued a response to President Trump’s executive order extending temporary tariff relief on Chinese imports for another 90 days. The order, titled “Further Modifying Reciprocal Tariff Rates to Reflect Ongoing Discussions with The People’s Republic of China,” was issued on August 11 and cites...

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New tariffs will not take effect until August 7

New US tariffs on imports will not take effect until August 7, according to a government official, and not this Friday as previously indicated. The US government official confirmed to the German Press Agency on Thursday evening (local time) that this also applies to the 15 percent tariff on imports from the EU. US President Donald Trump had...

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US imposes 25 percent tariffs on India: How will it affect the apparel industry?

The U.S. Donald Trump has announced 25 percent tariffs on goods starting today. The move, which singles out India for harsher trade conditions than its major peers, has drawn outrage from India's opposition and caused a slump in the rupee. India's government has vowed to protect its labor-intensive agriculture sector and remains committed to a...

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Bangladesh, US negotiate to avert 35 percent tariff on textile exports

Trade negotiations between the US and Bangladesh officially resumed on Tuesday, July 29, in Washington, D.C. These talks are taking place amidst significant protectionist pressure from the Trump administration. The aim is to prevent the imminent implementation of punitive tariffs, which could reach 35 percent, on Bangladeshi exports, primarily...

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US-EU Ttade agreement reached, aims for stability amidst uncertainty

Madrid – After months of intensive negotiations, representatives from the United States government and the European Union have successfully concluded a new trade and tariff agreement. European Commission President Ursula von der Leyen hailed the pact, stating it "creates certainty in uncertain times" and offers "stability and predictability for...

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Trump announces 'massive' trade agreement with Japan, citing reciprocal tariffs

President Donald Trump has announced a "massive" trade agreement with Japan, as stated on his platform Truth Social. Trump indicated that the two nations have agreed upon "reciprocal" tariffs of 15 percent, a reduction from his previous demand of 25 percent. This announcement reportedly led to a sharp rise in the Tokyo stock market. Trump...

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A turning point: cryptocurrencies on US congress agenda

New York, July 15, 2025 – The US House of Representatives is expected to vote this week on several cryptocurrency regulation bills. This follows the impetus given by Donald Trump, seen as a blessing by the sector. After years of procrastination and a series of legislative proposals that failed to materialise, Congress is prioritising this issue...