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27 stories found

US–Russia relationsSingle source

Trump suspends some Russia tariffs and sanctions under Graham Act

US President Donald Trump signed an executive order suspending certain tariffs and sanctions against Russia under the Graham Act. The move comes as his administration seeks to lower diesel prices ahead of the 3 November midterm elections and faces criticism from lawmakers over Russian energy exports.

  • Trump signed an order suspending certain tariffs and sanctions against Russia.
  • The restrictions were suspended under the Graham Act.
1 sourceTrust: Single source
Українська правда
EuropeSingle source

Downing Street leaves open Chinese EV tariffs to join EU industrial scheme

The UK government has not ruled out tariffs on Chinese-made electric vehicles if they are required for participation in the EU’s industrial scheme. China’s embassy in London called potential restrictions discriminatory.

  • The UK government has not ruled out tariffs on Chinese EVs to join the EU scheme.
  • A Franco-German proposal requires alignment with EU trade measures.
1 sourceTrust: Single source
The Guardian World
Energy policySingle source

UK energy secretary explores rising block tariffs despite electrification concerns

UK Energy Secretary Miatta Fahnbulleh has asked officials to explore rising block tariffs, under which additional energy use would cost more per unit. Critics warn the model could penalise some renters and hinder the shift to electric vehicles and heat pumps.

  • Miatta Fahnbulleh has asked officials to examine a tariff that makes later blocks of consumption more expensive.
  • Annual energy bills are projected to rise by about £400 in January.
1 sourceTrust: Single source
The Guardian Business
International tradeSingle source

UK will not impose tariffs on Chinese vehicles, Reynolds says

The UK will not change its trade rules under pressure from the EU or impose tariffs on Chinese vehicles, Business Secretary Jonathan Reynolds said. He said any future trade-defence decision would be based on the needs of Britain’s export-led automotive sector.

  • London will not impose tariffs on Chinese vehicles under EU pressure.
  • The EU applies tariffs of up to 45% to Chinese electric vehicles.
1 sourceTrust: Single source
The Guardian Business
WorldMultiple publishers

Canada imposes counter-tariffs on US goods: measures cover nearly C$28bn, up to 50%

Canada implemented retaliatory tariffs on a range of US goods on Tuesday. The measures target nearly C$28bn of American products with rates between 15% and 50%; fresh fish and lobster were later removed from the list after industry pushback.

  • Canada imposed counter-tariffs covering nearly C$28bn of US goods.
  • Tariff rates range from 15% to 50%; 50% applies to items including milk, steel, aluminium, golf clubs and certain clothing.
2 sourcesTrust: Multiple publishers
BBC World
PoliticsSingle source

US Embassy accuses Canada of meddling ahead of midterm elections

The US Embassy in Ottawa accused Canadian officials of trying to influence American politics ahead of November’s midterm elections. Prime Minister Mark Carney and Ontario Premier Doug Ford denied interfering in the vote.

  • The US Embassy in Ottawa accused Canadian officials of influencing American politics before the midterms.
  • Mark Carney and Doug Ford denied Canadian interference in US elections.
1 sourceTrust: Single source
BBC World
Sanctions and international tradeSingle source

Rubio says Trump waived Russia sanctions for 60 days to assess their impact

US Secretary of State Marco Rubio said Donald Trump waived Graham Act sanctions against Russia for 60 days. Rubio said the administration needs time to assess their effects on global and US energy markets and tariffs on countries such as India.

  • Trump waived Graham Act sanctions against Russia for 60 days.
  • Rubio said the pause will allow an assessment of effects on global and US energy markets.
1 sourceTrust: Single source
Українська правда
Russia’s war against UkraineSingle source

Zelenskyy says US sanctions rollback will intensify Russia’s war

Volodymyr Zelenskyy said Donald Trump’s decision to pause a new sanctions package against Russia would encourage the Kremlin to intensify its war against Ukraine. The same day, Russia launched one of its largest attacks on Ukraine’s energy infrastructure, hitting more than 15 critical facilities.

  • Zelenskyy said pausing US sanctions would encourage Russia to intensify the war.
  • Russia attacked more than 15 critical energy facilities in Ukraine.
1 sourceTrust: Single source
The Guardian World
International relationsSingle source

Zelenskyy calls Diesel Deal a first step as Russia sanctions relief may continue

Volodymyr Zelenskyy said Donald Trump’s decision not to impose new sanctions on Russia under the Graham Act could be followed by further sanctions relief. Zelenskyy argued that easing pressure would not stop Vladimir Putin and could instead be seen as support for his actions.

  • Zelenskyy believes sanctions relief for Russia will continue after Trump chose not to impose new restrictions under the Graham Act.
  • The Ukrainian president called the Diesel Deal a first step and said easing pressure would not stop Putin.
1 sourceTrust: Single source
Українська правда
International businessSingle source

Trump pauses new Russia sanctions amid deepening dispute with Ukraine

Donald Trump has paused a sweeping Russia sanctions package approved by both chambers of Congress. In an executive order on Friday, the US president said waiving the measures was in the national interest; they were due to take effect in two days.

  • Trump paused a Russia sanctions package approved by both chambers of Congress.
  • The measures were due to take effect in two days and targeted banks, officials and tankers.
1 sourceTrust: Single source
The Guardian Business
WorldSingle source

Trump’s economy and the US midterms: Reporters to answer readers’ questions

Guardian reporters will hold a reader Q&A on how the US economy could affect the midterm elections. The session is scheduled for Thursday at 12pm ET (4pm UTC), with voting set for 3 November.

  • The Guardian will host a Thursday Q&A at 12pm ET (4pm UTC) on the economy and US midterm elections.
  • Four reporters covering business, labor, consumer rights and corporate rights will take part.
1 sourceTrust: Single source
The Guardian World
InflationSingle source

US inflation rises to 3.7% ahead of midterm elections

US annual inflation rose to 3.7% in September from 3.4% in August, exceeding forecasts. Petrol prices increased 34.2% over the year and accounted for more than half of September’s monthly rise amid disrupted Middle East energy supplies.

  • US annual inflation reached 3.7% in September, above forecasts.
  • Vehicle fuel prices rose 34.2% over the year and 9.1% in September.
1 sourceTrust: Single source
BBC Business
North AmericaSingle source

Canada wargames a highly unlikely US invasion amid tensions under Trump

Canadian Prime Minister Mark Carney said his government had considered a US invasion scenario, while stressing that it was highly improbable. A military model cited by the Globe and Mail suggests Canada’s strategic positions could be overwhelmed within a week.

  • Canada has considered a US invasion scenario, though Prime Minister Mark Carney called it highly improbable.
  • A military model suggests Canada’s strategic positions could be overwhelmed within a week.
1 sourceTrust: Single source
BBC World
PoliticsSingle source

Brazil accuses US of election interference as Lula faces Bolsonaro ally

Brazilian President Luiz Inácio Lula da Silva has accused Flavio Bolsonaro’s camp of encouraging foreign interference in the country’s upcoming presidential election. Washington has backed closer ties with Brazil’s right wing.

  • Lula has accused Flavio Bolsonaro’s camp of encouraging foreign interference in the election.
  • Flavio Bolsonaro is a right-wing candidate, a Donald Trump ally and Jair Bolsonaro’s son.
1 sourceTrust: Single source
BBC World
PoliticsSingle source

Brazil’s election could reshape the balance between Latin America’s left and right

Brazil votes on Sunday in a closely fought presidential election between Luiz Inácio Lula da Silva and Flávio Bolsonaro. Analysts say a Bolsonaro victory would strengthen Donald Trump’s rightwing bloc in Latin America, while Lula’s camp presents the contest as a test of regional autonomy.

  • Lula and Flávio Bolsonaro are locked in a close presidential race in Brazil.
  • A Bolsonaro victory could strengthen Donald Trump’s rightwing bloc in Latin America.
1 sourceTrust: Single source
The Guardian World
BusinessSingle source

US-Canada tariff tensions prompt Qahwah House to pause Toronto expansion

Yemeni cafe chain Qahwah House has paused plans to open in Toronto amid uncertainty over the US-Canada trade dispute. Canadian customers account for about 10% of the chain’s business in Dearborn, Michigan.

  • Qahwah House has delayed opening a Toronto cafe because of trade uncertainty.
  • Canadian customers provide about 10% of the chain’s Dearborn business.
1 sourceTrust: Single source
The Guardian Business
TradeSingle source

US ban on Canadian alcohol and dairy takes effect amid prolonged trade dispute

The US has imposed a ban on several Canadian imports, including alcohol, dairy products and motorcycles. The measure covers nearly C$1bn worth of Canadian liquor exports and comes as talks between the neighbours remain stalled.

  • The US has banned imports of Canadian alcohol, dairy and whey products, and motorcycles.
  • The restrictions cover nearly C$1bn worth of Canadian liquor exports.
1 sourceTrust: Single source
BBC World
BusinessSingle source

Anger grows in Maine over Trump’s trade war with neighboring Canada

A small logging company in Maine has shut down as US tariffs on Canadian goods add to rising business costs. About 40% of the state’s exports go to Canada, while loggers report equipment, parts and truck prices have risen by 30% to 50%.

  • A Maine logging company closed after years of rising costs and the added pressure of tariffs.
  • Prices for logging equipment, parts and trucks have risen by 30% to 50%.
1 sourceTrust: Single source
The Guardian Business
ElectionsSingle source

Lula campaign accuses Trump of seeking to ‘colonise’ Brazil before election

Brazilian President Luiz Inácio Lula da Silva’s campaign accused Donald Trump of trying to influence next month’s election to gain access to Brazil’s natural resources. The US State Department has denied meddling.

  • Lula’s campaign accused Trump of interfering in Brazil’s election to obtain its natural resources.
  • The campaign advert is due to air on television on Friday.
1 sourceTrust: Single source
The Guardian World
AmericasSingle source

Democrats accuse Trump administration of interfering in Brazil’s elections

Thirty-one Democratic members of Congress accused Donald Trump’s administration of trying to influence Brazil’s presidential election. They asked Secretary of State Marco Rubio to respond by October 1.

  • Thirty-one congressional Democrats accused Trump’s administration of interfering in Brazil’s election.
  • Brazil’s first presidential election round is scheduled for October 4.
1 sourceTrust: Single source
The Guardian World
International politicsSingle source

US invites Putin to G20 summit at Trump’s Miami golf club

The United States has invited Vladimir Putin to the G20 summit scheduled for December in Miami. Secretary of State Marco Rubio announced the invitation after meeting Russia’s foreign minister, Sergei Lavrov; the Kremlin has not publicly responded.

  • The US has invited Vladimir Putin to the G20 summit scheduled for December in Miami.
  • The summit is planned at Trump National Doral, Donald Trump’s golf club.
1 sourceTrust: Single source
The Guardian World
labor and marketsSingle source

Trump intensifies anti-union actions: bargaining limits and cut to OSHA inspections

In the year after returning to office, Donald Trump enacted multiple measures that experts say have weakened worker and union protections. Actions include a 20% cut in OSHA inspections, wage-related rollbacks, and a campaign to strip 1 million federal employees of collective bargaining rights.

  • The Trump administration cut OSHA workplace inspections by 20% compared with Biden’s last year in office.
  • Trump delayed implementation of a silica dust rule affecting coal miners; United Mine Workers demanded immediate enforcement.
1 sourceTrust: Single source
The Guardian Business