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Economic Diplomacy

India Surpasses China as Top Source of US Smartphone Imports in Q2 2025

Tariff uncertainty with China spurred Apple to ramp up iPhone assembly in India, limiting overall US smartphone shipment growth to 1%.

Trump Delays 50% EU Tariffs to July 9 as US Markets Rally

Trump delays threatened 50% tariffs on EU goods to July 9 after von der Leyen call

Trump Finalizes AI Chip Deals with UAE and Saudi Arabia, Rescinds Biden-Era Export Controls

Trump Pauses Most Tariffs, Raises China Rate to 125%

Trump Threatens 50% Tariffs on China as Trade War Escalates

Trump Implements Sweeping Tariffs in Unprecedented Trade Policy Shift

Germany Debates Migration Policy After Aschaffenburg Knife Attack