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When Trump tariffs hit French barrels and corks, California’s winemakers feel the squeeze
Tariffs imposed on European imports have increased expenses for California winemakers, particularly impacting small producers through higher costs for essential materials like barr...
Read Full Article →Trump’s new tariffs start tomorrow. Here’s who’s getting hit, and by how much.
Beginning August 7, newly implemented tariffs will affect various industries differently, potentially altering trade balances and impacting costs for businesses and consumers invol...
Read Full Article →Trump threatens drugmakers with 250% tariffs. Here’s when higher levies could come.
The proposed increase in tariffs on pharmaceutical companies could substantially impact industry costs and pricing strategies if implemented in the near future.
Read Full Article →Trump hits dozens more countries with higher tariffs that start Aug. 7
The implementation of increased import duties on numerous nations beginning August 7 is expected to influence international trade dynamics and potentially impact global market stab...
Read Full Article →Tariffs and judicial chaos shake investor confidence in Mexico: ‘Everything has been put on hold’
The current unpredictability surrounding trade policies and legal reforms is causing investors to delay or reconsider funding, potentially impacting Mexico’s economic growth and in...
Read Full Article →Philips lifts profit outlook on tariff mitigation as Stellantis flags $1.7 billion hit from levies
Philips increased its earnings forecast following efforts to reduce tariff impacts, while Stellantis reported a substantial $1.7 billion financial loss due to similar levy-related...
Read Full Article →Trump’s tariff blitz brings US levies to highest levels since 1930s
The recent increase in US tariffs affects nearly half of imported goods, representing the most extensive use of import taxes in the country in nearly a century and influencing trad...
Read Full Article →US companies up against 'nightmare' tariff wall
American businesses face increasing costs and market challenges as newly implemented import duties create obstacles that could affect profitability and supply chain stability acros...
Read Full Article →German carmakers set for €10bn cash flow hit as Trump tariffs bite
Increased tariffs imposed by the United States are expected to significantly impact German automobile manufacturers' liquidity due to elevated expenses related to imports, componen...
Read Full Article →Trump threatens to impose drug and chip tariffs as soon as 1 August
The potential introduction of substantial import taxes on medications and semiconductor goods could significantly affect trade costs, supply chains, and pricing strategies for comp...
Read Full Article →European stocks slip after Trump’s tariff threat
European markets experienced a decline following increased trade tensions, with experts warning that the introduction of higher tariffs could potentially lead to a more significant...
Read Full Article →Trump’s letters to E.U. and Mexico threaten 30% tariffs starting Aug. 1
The planned tariffs of 30% on imports from the European Union and Mexico could significantly impact trade costs, potentially affecting economic relations and market prices starting...
Read Full Article →Lula vows retaliatory tariffs if Trump imposes 50% levies on Brazil
Brazil's commitment to imposing counter-tariffs in response to significant US levies highlights potential disruptions in bilateral trade and may influence economic relations betwee...
Read Full Article →Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates
The introduction of substantial tariffs on Canadian goods could notably impact trade balances and economic relations between the two countries, potentially leading to increased cos...
Read Full Article →Trump threatens 35% tariffs on Canadian goods
Imposing higher tariffs on Canadian products could significantly impact trade flows and economic relations, potentially increasing costs for businesses and consumers on both sides...
Read Full Article →Commodity firms poised for $300mn windfall from US copper tariff trade
Several major trading companies are expected to gain substantial financial benefits by moving large quantities of copper into the United States prior to the implementation of upcom...
Read Full Article →Fed says most policymakers see risks tariffs will cause ‘persistent’ inflation
During the June meeting, US central bank members expressed concerns that trade restrictions could lead to ongoing price increases, reflecting differing opinions on the economic imp...
Read Full Article →EU hopes to agree US tariff deal 'in coming days'
The resolution of trade negotiations between the EU and US could impact export costs and market access, potentially influencing revenue and economic relations between the two regio...
Read Full Article →Trade war 'not a passing storm', Malaysian PM warns South-East Asian nations
Several South-East Asian nations are preparing for increased tariffs starting next month, prompting efforts to negotiate agreements aimed at minimizing the potential economic impac...
Read Full Article →US copper prices soar to record high as Trump threatens 50% tariff
The sharp increase in copper costs reflects concerns over proposed substantial tariffs by the administration, potentially affecting trade dynamics and market stability across multi...
Read Full Article →Trump threatens to impose up to 200% tariff on pharmaceuticals 'very soon'
The potential introduction of substantial tariffs on pharmaceutical products could considerably affect pricing structures and market dynamics, with implementation possibly delayed...
Read Full Article →Japan business accuses Tokyo of ‘mistake’ in US trade talks strategy
Analysts suggest that the Japanese government’s approach to negotiating tariff exemptions with the United States may have impacted economic relations and trade revenues between the...
Read Full Article →Brics nations hit back at ‘emperor’ Trump over tariff threats
The BRICS countries responded critically to the US president’s announcement of increased tariffs, highlighting potential impacts on international trade and economic relations betwe...
Read Full Article →Bitcoin Slips Below $108K, Erases Weekend Gains as Trump Ramps Up Tariffs
The recent tariff increases and geopolitical tensions have contributed to a decline in Bitcoin's value, reversing earlier profits and highlighting potential risks for investors in...
Read Full Article →Breaking: Trump announces 25 per cent tariff on goods from Japan and South Korea
The newly imposed 25 percent duties on imports from Japan and South Korea are expected to affect trade balances and potentially alter cost structures for businesses involved in bil...
Read Full Article →Trump threatens extra 10% tariff over ‘anti-American’ Brics policies
The potential reinstatement of increased import duties could impact trade costs and market dynamics, reflecting ongoing tensions related to international economic policies among ma...
Read Full Article →US tariff receipts surge in Trump’s trade war
In May, the United States collected a record $24.2 billion from import duties, reflecting significant fiscal impact while raising concerns about possible disruptions in internation...
Read Full Article →Retailers avoided a worst case scenario in Vietnam. But executives say Trump's trade deal could stil...
Although Vietnam helped mitigate initial tariff impacts for retailers, industry leaders remain concerned that ongoing trade agreements involving high duties may ultimately increase...
Read Full Article →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...
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