Donald Trump news and archive

US Congress reconsiders de minimis rule for low-value parcels

While the US administration officially ended the customs exemption for low-value parcels at the end of 2025, the de minimis issue has abruptly resurfaced in Washington. The cause is a new bill introduced in the House of Representatives. It seeks to partially reintroduce specific treatment for small imported shipments. This is a strong signal in...

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A sigh of relief: What the US-India trade deal means for the textile and garment industry

Not even two months in, and the year 2026 already seems to be a promising one for trade deals. After the ink is barely dry on what observers have called the “mother of all trade deals” - the free trade agreement between the European Union and India signed on 27th January - another one is taking centre stage. Indian prime minister Narendra Modi...

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Silver price surpasses 100 dollars an ounce amidst market uncertainty

London - The price of silver surpassed the 100-dollar-an-ounce threshold for the first time on Friday. This was driven by its safe-haven status amid uncertainties sparked by Donald Trump's policies and by industrial demand in the solar and electronics sectors. Having more than doubled in value in under four months, silver gained 3.94 percent...

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US President Donald Trump suspends Greenland tariffs

MADRID – Amid the volatile and unpredictable trade strategy defining the current U.S. administration, President Donald J. Trump has announced the suspension of the so-called “Greenland tariffs.” The decision was shared late Wednesday afternoon, following the President's address at the 2026 World Economic Forum in Davos. Utilizing his social...

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Why fashion companies are suing over Trump tariffs ahead of Supreme Court ruling

As the US Supreme Court prepares to rule on the legality of President Donald Trump’s sweeping tariffs, a significant legal mobilisation is underway across global fashion businesses and supply chains. According to Bloomberg reporting, more than a thousand companies have now entered the courts, positioning themselves for what could become one of...

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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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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...