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Powell confirms that the Fed would have cut by now were it not for tariffs
The Federal Reserve chair indicated that, excluding the impact of increased import taxes, the central bank would probably have started lowering interest rates to address economic c...
Read Full Article →EU toughens stance on Trump tariffs as deadline looms
European governments emphasize the importance of resolving trade disputes with the United States to prevent ongoing tariffs, which could have substantial economic impacts ahead of...
Read Full Article →US narrows trade focus to secure deals before Trump tariff deadline
The United States is concentrating efforts on finalizing trade agreements before the July 9 deadline, which marks the end of the president’s temporary suspension of retaliatory tar...
Read Full Article →Five key takeaways from the ACT budget
The recent ACT budget introduces multiple new charges affecting various sectors, placing increased financial pressure on residents, particularly those who own property, through a r...
Read Full Article →Canada imposes tariffs on steel and aluminium to curb imports
Canada has introduced substantial tariffs on imported steel and aluminum from countries outside the United States to support domestic industries and preserve employment opportuniti...
Read Full Article →‘Vital’ that British steel gets Trump tariff deal after UK-US trade pact, say unions
Securing exemptions from US tariffs is crucial for the British steel industry’s financial stability, as ongoing levies could increase costs and reduce competitiveness in transatlan...
Read Full Article →Canadians' support for counter-tariffs dips, but still strong as trade war persists
Although Canadians' backing for retaliatory tariffs has slightly decreased, the Bank of Canada Governor noted last week that these measures have not substantially influenced overal...
Read Full Article →Dollar sinks to three-year low on Trump tariff threat
The US currency weakened considerably as the president announced plans to impose additional tariffs on international partners, potentially impacting trade relations and economic st...
Read Full Article →Trump spruiks his 'success' since inauguration as steel tariffs take effect
The implementation of heightened duties on imported steel and aluminium is expected to impact trade balances and manufacturing expenses across various industries in the United Stat...
Read Full Article →Trump tariffs: UK to dodge 50 per cent steel and aluminium levies
The UK steel and aluminium sectors will avoid the increased 50 percent tariffs previously proposed, although companies will continue to incur a 25 percent duty until updated trade...
Read Full Article →Trump orders 50% steel and aluminium tariffs to begin on June 4
The increase in tariffs on steel and aluminium imports is expected to impact international trade dynamics and could lead to higher costs for manufacturers relying on these material...
Read Full Article →White House 'close to the finish line' on some trade deals, says Treasury official
The temporary suspension of tariffs by the administration has created a window for finalizing several international agreements, potentially affecting import costs and economic rela...
Read Full Article →Why Trump does not suffer Congress when it comes to his prized tariffs
Donald Trump’s firm control over trade levies has significant economic implications, as he prioritizes maintaining import duties despite congressional input or temporary legal chal...
Read Full Article →US goods imports tumble 20% in April as Trump’s tariffs disrupt trade
The recent decline in imports reflects increased expenses for overseas products, highlighting how government-imposed tariffs are impacting trade costs and influencing overall econo...
Read Full Article →Pharma, chips, other sectors look set to get hit with new tariffs soon, even as courts wrestle with...
Upcoming import taxes on pharmaceutical, semiconductor, and additional industries could lead to increased costs and market adjustments, despite ongoing legal challenges surrounding...
Read Full Article →US trade court says Trump’s global tariffs are illegal
A court ruling determined that the president exceeded his legal powers in imposing international duties, which may affect the stability and implementation of related economic polic...
Read Full Article →Trade court strikes down Trump tariffs: What it means for markets — and what’s next
The recent ruling invalidating most tariffs imposed during the previous administration has introduced uncertainty into trade policies, potentially affecting investor confidence and...
Read Full Article →Brussels gives ground as Trump holds firm on 10% tariffs
EU officials acknowledge that completely reversing the United States' reciprocal tariffs may be improbable, highlighting the potential impact of sustained trade duties on economic...
Read Full Article →Trump’s new tariff threats may shake stocks’ rally as investors embrace long, hot summer
President Trump's latest warning of additional tariffs targeting the European Union and Apple has raised concerns among investors, potentially disrupting recent market gains during...
Read Full Article →Lower US tariffs on UK exports unlikely to take effect for weeks, say British officials
British officials indicate that it may take several weeks for decreased American import duties on British goods to be implemented, causing concern among businesses about ongoing tr...
Read Full Article →After UK and China trade deals, tariff rate still highest since 1934, Yale report says
Despite new agreements with China and the U.K., import taxes remain at their highest levels in decades, significantly impacting international trade costs and economic relations, ac...
Read Full Article →U.S.-China trade deal: Cars, steel, drugs won’t get a break from tariffs
Despite ongoing negotiations, tariffs on certain key industries such as automotive, steel, and pharmaceuticals are expected to persist, potentially impacting costs and trade dynami...
Read Full Article →The Guardian view on the impact of Trump’s film tariffs: a disaster movie waiting to happen | Editor...
The implementation of steep tariffs on foreign-produced films could significantly reduce revenue for the UK’s recovering movie sector, potentially undermining investments and emplo...
Read Full Article →US and UK expected to announce deal to reduce tariffs
The anticipated agreement between the US and UK to decrease import taxes could potentially enhance trade efficiency and impact economic relations by lowering costs for businesses a...
Read Full Article →Investors are misjudging Trump’s resolve on tariffs, Pimco warns
Market participants may be underestimating the potential impact of reinstated tariffs, which could influence trade dynamics and affect investment strategies across various sectors...
Read Full Article →EU eyes tariffs on Boeing jets in retaliation plan
The European Union is considering imposing duties on American-made aircraft as a countermeasure, which could impact trade relations depending on future negotiations over existing t...
Read Full Article →Trump’s talk of film tariffs makes no sense, but it’s already doing damage – to Hollywood | Peter Br...
Imposing high duties on imported films could disrupt revenue streams and increase production costs, potentially undermining the financial stability of the American entertainment in...
Read Full Article →Film industry reels as Trump threatens 100% tariffs
Imposing full tariffs on imported films could disrupt international collaboration and significantly impact revenue streams for production centers in the UK, Canada, Australia, and...
Read Full Article →Americans would suffer most if Trump imposes pharma tariffs, sector warns
Imposing tariffs on pharmaceutical imports could disrupt supply chains and increase medication costs, potentially making essential treatments less accessible for many individuals a...
Read Full Article →Ministers urged to seek tariff exemption for aircraft and engines
UK ministers are being encouraged to pursue a tariff exemption for civil aircraft and engine parts to mitigate potential supply chain disruptions and support timely aircraft delive...
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