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Bessent says 'not to panic' over tariff rate surges on Aug. 1
The upcoming increase in tariff rates on August 1 is expected to impact trade costs and market stability, prompting concerns among investors and businesses despite official attempt...
Read Full Article →Trump announces 25% tariff on India plus 'penalty' for trade with Russia
The newly introduced 25% tariff on imports from India represents a slight decrease from the previous rate, potentially impacting trade dynamics and economic relations between the c...
Read Full Article →Senate introduces bill for tariff rebate checks after Trump suggestion
The proposed legislation aims to provide financial relief to households by issuing payments intended to offset the economic impact of tariffs, reflecting growing discussions on tra...
Read Full Article →Trump: Global baseline tariff will likely be 15% to 20%
The adjustment to the tariff rates signals a substantial escalation in trade costs, potentially affecting international commerce and economic relations by raising the minimum impor...
Read Full Article →Trump’s tariff deal offers scant relief for Japan automakers as bigger threat looms
The agreement provides limited financial benefits to Japanese car manufacturers, who continue to face growing challenges due to increased competition and market pressures from Chin...
Read Full Article →How the U.S.-EU trade deal impacts America's imports overall: Tariff simulator
The agreement between the United States and the European Union is projected to significantly reduce the volume of goods entering the U.S. market, affecting international trade flow...
Read Full Article →Trump and EU's von der Leyen announce trade deal
The meeting between President Donald Trump and European Commission President Ursula von der Leyen holds important implications for reducing trade barriers and shaping economic rela...
Read Full Article →‘This market is pricing in perfection,’ warns Verdence Capital CIO as tariff deadline looms
Despite current record levels, Verdence Capital's Megan Horneman cautions that investor optimism may overlook potential risks ahead of the impending tariff deadline, which could im...
Read Full Article →Trump floats tariff 'rebate' for consumers. That could be a challenge, experts say
Implementing a tariff rebate for consumers could impact government revenue and trade balances, though uncertainties remain regarding its form and effectiveness as an economic stimu...
Read Full Article →Texas Instruments stock falls 12% as CEO warns of tariff concerns
The decline in Texas Instruments' shares reflects investor worries about potential impacts on future earnings due to anticipated changes in trade policies affecting supply chain co...
Read Full Article →Trump says U.S. struck trade, military deal with the Philippines; Manila has not confirmed
President Donald Trump announced an agreement involving trade and defense with the Philippines, reportedly including a 19% tariff on imports, though officials in Manila have yet to...
Read Full Article →GM reports $1.1 billion tariff impact as automaker works to 'greatly reduce' exposure
General Motors exceeded analyst expectations in its second-quarter earnings, although the company faced significant costs related to trade tariffs, prompting efforts to minimize fu...
Read Full Article →Trump China tariff deadline likely to be extended, Bessent says
Treasury Secretary Scott Bessent plans to engage with Chinese officials next week in Stockholm to negotiate terms that could prevent the implementation of costly trade tariffs.
Read Full Article →With another tariff deadline looming, these 10 things are going the right way for stocks
Despite ongoing concerns about upcoming tariffs, several positive factors are contributing to recent stock market gains, reflecting investor optimism and supporting higher valuatio...
Read Full Article →‘30% is untenable’: From Irish whiskey to Italian cheese, Trump's tariff threat rattles EU exporters
If implemented, the proposed 30% tariff could severely disrupt trade by increasing costs for European producers, potentially leading to reduced exports and financial losses across...
Read Full Article →Elizabeth Warren targets price gouging and Trump in new bill as tariff costs, inflation increase
Elizabeth Warren’s proposed legislation aims to address excessive pricing practices by large corporations that exploit economic pressures such as tariffs and inflation, potentially...
Read Full Article →Expect tariff 'cascade' effect across slowing global economy, top UN official warns
A high-ranking UN trade representative highlighted that the implementation of tariffs by the United States may disrupt employment and economic stability internationally, potentiall...
Read Full Article →Trump says Indonesia trade deal features 19% tariff; Jakarta yet to confirm
The proposed trade agreement between the United States and Indonesia reportedly involves a 19 percent tariff, which could impact bilateral trade dynamics and influence economic rel...
Read Full Article →Port of Los Angeles sees record container traffic as shippers race to beat Trump's tariff deadlines
The Port of Los Angeles experienced unprecedented container activity in June, driven primarily by accelerated shipments aiming to avoid upcoming tariff increases rather than a genu...
Read Full Article →Despite tariff uncertainty, Huntington Bancshares CEO says 'the core economy is really performing we...
Huntington Bancshares CEO Steve Steinour expressed confidence in the economy's trajectory, indicating that key financial indicators remain strong despite ongoing concerns about tra...
Read Full Article →Trump's 200% tariff threat leaves pharma firms scrambling with scenario planning
A proposed tripling of tariffs could significantly raise costs for pharmaceutical companies, prompting them to adjust strategies in order to mitigate potential impacts on pricing a...
Read Full Article →Trump's 50% Brazil tariff stretches emergency powers already facing court challenge
The imposition of a 50% tariff on Brazilian goods under emergency powers may impact the administration’s financial strategy while intensifying ongoing legal and political scrutiny.
Read Full Article →Levi's CEO Michelle Gass says strong international business helps ward off tariff impact
Levi Strauss’ robust global sales have contributed to stabilizing revenue, helping the company mitigate challenges associated with increased import taxes during the latest financia...
Read Full Article →Trump says 50% tariff on copper imports will begin Aug. 1
The initiation of a 50% tariff on copper imports starting August 1 is expected to impact trade costs and supply chain dynamics within the metal industry.
Read Full Article →Brazil will respond to Trump's 50% tariff with 'reciprocity,' says da Silva
Brazil's planned retaliatory measures against increased U.S. duties could impact trade balances and economic relations between the two countries, potentially influencing market con...
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 →Trump says he will impose 50% tariff on copper imports
The announcement of a 50% tariff on copper imports could significantly impact trade dynamics and production costs within industries reliant on this key metal, influencing market pr...
Read Full Article →Japan calls Trump's latest tariff salvo 'regrettable' as nations scramble to deal with fresh deadlin...
The announcement of revised tariff rates for multiple countries ahead of the August deadline highlights potential shifts in international trade costs, influencing global market dyn...
Read Full Article →Trump threatens extra 10% tariff on countries that align with 'Anti-American' BRICS policies
The announcement of potential additional tariffs could impact international trade relations and economic agreements, influencing import costs and market dynamics among countries in...
Read Full Article →Here are the 2 big things we're watching in the stock market in the week ahead
Investors are closely monitoring upcoming trade policy updates and earnings reports from several consumer-focused companies, as both factors could significantly impact market perfo...
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