How will Trump's blockade of Iranian oil work? After US-Iran peace talks in Pakistan collapsed at the weekend, US President Donald Trump said the US Navy would block ships entering or leaving any Iranian port or coastal facility via the Strait of Hormuz.
Skip next section Talks on Hormuz naval mission set for Friday — French presidency April 14, 2026 Talks on Hormuz naval mission set for Friday — French presidency A video conference to discuss an international "purely defensive mission" to secure the Strait of Hormuz announced on Monday will take place on Friday, the French president's office
How will Trump's blockade of Iranian oil work? After US-Iran peace talks in Pakistan collapsed at the weekend, US President Donald Trump said the US Navy would block ships entering or leaving any Iranian port or coastal facility via the Strait of Hormuz.
President Trump ordered double-digit tariffs on nearly everything the U.S. imports on April 2 last year. This is where things now stand a year later. Chip Somodevilla/Getty Images hide caption toggle caption Chip Somodevilla/Getty Images A year ago, President Trump ordered double-digit tariffs on virtually everything the U.S. imports.
United States Trade Representative Jamieson Greer criticized the World Trade Organization (WTO) on Monday after it failed to agree on the extension of a moratorium on customs duties for e-commerce at its top-level ministerial conference.
Talks between trade representatives and high-level officials from some 166 countries ended with no major deals signed early Monday. The World Trade Organization (WTO) had been meeting in the Cameroonian capital of Yaounde for four tense days of negotiations, hoping to finalize an agreement on e-commerce that was blocked by Brazil at the last minute.
On April 2, 2025, Donald Trump shocked the world by announcing "economic independence" for the US, imposing sweeping tariffs on every country in the world. The US Supreme Court has since ruled against the unprecedented move, but the US president seems keen to double down.
Brian Riley, the CEO of the Guardian Bike Company, showcases a rack of frames that were built in his factory in Seymour, Indiana. Scott Horsley/NPR hide caption toggle caption Scott Horsley/NPR Brian Riley got into the bike business by accident.
The EU Parliament and the European Council on Thursday voted to introduce handling fees for small packages arriving from outside the bloc starting on November 1, at the latest.
After nearly a decade of stop-start negotiations, the EU-Australia free trade deal has finally crossed the finish line. "Australia used to have Europhobia — now we have at least some Eurovision," Tim Harcourt, of the University of Technology Sydney, told DW.
Australia and the European Union agreed on a new trade deal after eight years of negotiations. EU chief Ursula von der Leyen and Australian Prime Minister Anthony Albanese announced the agreement at a ceremony in the Australian capital, Canberra.
Gold, cocoa and oil are goods that are sought-after globally. And they can all be found in abundance in Ghana. This explains why the West African country earns more from exports than it has to pay for imports. To receive beneficial export conditions, Ghana granted market access to trading partners for suboptimal returns.