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BRICS members blast rise of 'trade protectionism'
BRICS members blast rise of 'trade protectionism'
Business and Economy
by  AFP

China, Brazil and other members of the BRICS grouping on Tuesday slammed the "resurgence of trade protectionism" at a meeting in Rio de Janeiro dominated by US President Donald Trump's tariffs blitz. Some BRICS members have, however, escaped the worst of Trump's trade ire.

Trump signals relief on auto tariffs as industry awaits details
Trump signals relief on auto tariffs as industry awaits details
Business and Economy
by  AFP

The White House said Tuesday it will soften tariffs on automakers, sparking optimism in Detroit whose car manufacturing industry has been on tenterhooks awaiting details on President Donald Trump's fast-evolving policy. "The president will sign the executive order on auto tariffs later today," White House Press Secretary Karoline Leavitt told reporters.