Global Trade And Debt
Brazilian firms issue record corporate bonds despite high rates while US solar makers seek tariff probes into South Korean imports.
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- MARKETBolivia slashes import tariffs by 5 points to cushion currency float shock
The tariff cut takes effect July 6, aiming to ease inflationary pressure as the boliviano adjusts to its first free float since 2011.
- MARKETBelgian diamond group gifts Trump lavish ring after securing tariff relief
The gesture underscores the tangible link between trade policy concessions and high-level lobbying efforts in Washington.
- MARKETEU-US trade hits record €875bn despite tariffs, masking auto sector damage
Record transatlantic trade volumes obscure structural headwinds for German automakers as tariff tensions persist.
- MARKETSri Lanka water tariff hikes shelved for second half of 2026
Minister Susil Ranasinghe rules out price increases for the next six months, easing inflationary pressure on households after utility boards sought revenue boosts.
- MARKETSri Lanka water boards seek tariff hikes to shore up finances
Utility operators in Sri Lanka are pushing for price increases to cover operational costs, signaling continued pressure on public infrastructure funding.
- STATEMENTChihana
“As water boards, we do not have a strong case to make before the ministry. If we work collaboratively, we can push for it,”
in: Sri Lanka water boards seek tariff hikes to shore up finances - STATEMENTShe
“Prices of several commodities are already high. Another increase will make water unaffordable for many households. Lack of access could also create room for diseases such as cholera,”
in: Sri Lanka water boards seek tariff hikes to shore up finances - EVENTEU rejects Trump's 100% tariff threat over digital services taxes
Brussels warns that punitive duties would trigger a trade war, escalating transatlantic tensions over tech taxation.
- EVENTTrump threatens 100% tariffs on nations with digital services taxes
The threat escalates transatlantic trade tensions and raises the risk of a broader tariff war, potentially impacting European export sectors and US tech giants.
- EVENTTrump threatens 100% tariffs on Europe over digital services tax
The escalation of the transatlantic trade dispute raises the risk of a broader tariff war, threatening to disrupt supply chains and weigh on European equities.
- STATEMENTTrump
“Please let this statement serve to represent that any Country that imposes such a Tax will immediately be met with a 100 per cent TARIFF on any and all Goods sent to the United States of America,”
in: Trump threatens 100% tariffs on Europe over digital services tax - DATABrazilian corporate bond issuance hits record levels despite near-20-year high interest rates
Companies are tapping debt markets at unprecedented volumes, signaling strong demand for local-currency funding even as borrowing costs remain elevated.
- MARKETUS solar makers seek tariff probe into South Korean imports over evasion claims
Three US manufacturers have petitioned trade officials to investigate whether South Korean producers, including Hanwha's Qcells, are circumventing duties on Chinese solar cells.